Friday, August 19, 2011

Why do I need Inspections?

During the home buying process I’m often asked, “Why do I need inspections?” by my buyers. They continue their reasoning by saying, “The house looks fine and the seller’s disclosure didn’t reveal anything out of the ordinary. So why should I pay for inspections?”
I simply say, “That’s because inspections performed by a qualified professional may reveal things that even the home owner is unaware of. Sometimes these repairs can be costly and wouldn’t it be better to know sooner than later.”
There are five common hidden defects that your inspector should look for. They are
1.    Roof- The roof may be nearing the end of its life or have been damaged.

2.    Pest – The home may have termite damage or another type of pest infestation.

3.    Bad Foundation – This may be more than just dampness, cracks may be signs of a bigger problem.

4.    Water damage – can be from multiple sources, pipes, gutters, basement leakage to mention a few.

5.    House components itself:
a.    Inadequate or improper wiring components
b.    Inadequate or improper heating and cooling systems
c.    Inadequate or improper plumbing

Plus 1 – If the property is located in an area serviced by private roads, water or sewage, the buyer may wish to have each inspected to confirm these and or other items meet the current standards for the area where they are located.     

Repairs to any of these items can add up quickly. Buyers should protect themselves from this financial liability of unseen or unknown damage by obtaining inspections.
This is why I recommend inspections to my buyers!


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