5 Reasons Why Every Homebuyer Should Get a Home Inspection

Buying a home is one of the biggest decisions in life. Whether you're a first-time buyer or you've gone through the process before, there are important steps to take to ensure you're making a smart investment.?

One of those steps is getting a home inspection. In the United States, home inspections are common, and for good reasons.?

Here are 5 reasons why every homebuyer should have one:

1. To Uncover Hidden Issues

A home inspection reveals hidden problems with the property. Some issues, like plumbing problems or foundation cracks, can't be known before the inspection. The house will be inspected including every area in and out by the inspector.?

They will observe the roof, electrical systems, HVAC units, and so much more. Without an inspection, you might just move in only to realize later on that that could cost you an arm and a leg.

2. To Ensure Safety?

Your safety and that of your family are always paramount; many potential hazards may be identified during a home inspection,

?for example, mold growth, radon gas, or even faulty electrical wiring, among others, which can prove very dangerous to humans and it is by identifying them early that you avoid serious health risks or accidents.

3. To Prevent Surprise Costs

In the United States, homebuyers encounter some of the most unexpected costs after homebuying. In fact, according to a 2020 survey by the National Association of Realtors (NAR), 13% of homebuyers discovered problems requiring them to spend money on repairs shortly after the sale.?

An inspection can help you avoid surprises. If an issue is identified, you will be able to request that the seller fix it or deduct the price from your home.

4. To Negotiate Better Terms

A home inspection report gives you more power during negotiations. If the inspector finds problems, you can ask the seller to repair them before closing or request a price reduction.

?In the U.S., 70% of buyers use the results of their home inspection to negotiate a better deal. This can save you thousands of dollars in the long run.

5. For your Peace of Mind

Finally, an inspection affords you peace of mind. You know exactly what you are getting yourself into before putting your pen to paper.?

Many homebuyers feel better about their purchase after an inspection because they know everything about the condition of the home. What this does is prevent surprises once you're in. No one likes surprises.

What Exactly Do People Do in the United States When They Are Buying a House?

Most people in the U.S. follow these common steps when buying a home:

• Get Pre-Approved for a Mortgage – Before starting to look at homes, buyers usually get pre-approved for a mortgage. This helps them understand how much home they can afford.

• Make an Offer – Once they find a home they like, buyers make an offer. If accepted, they enter into a purchase agreement.

• Home Inspection – After the offer is accepted, buyers typically schedule a home inspection. The inspection is usually done within 7-10 days of the agreement.

• Negotiate Repairs or Price – If the inspection reveals problems, the buyer can ask the seller to fix them or adjust the price.

• Final Walkthrough and Closing – After which the buyer performs his final walkthrough of the property to confirm that everything is perfectly in order and square up. After that, the sale is complete.

Conclusion

In the home-buying process, a home inspection is crucial to protect yourself, your family, and your finances. It helps uncover hidden issues, ensures safety, and can save you money.?

Whether you're buying your first home or your fifth, never skip this important step. It’s the best way to ensure you're making a wise investment in your future.