Tips for Home Buyers

There Will Be Issues
During any inspection there will be problems, repairs, or maintenance items to list, no matter if the home was built last year or 30 years ago.

Once you have the information, the conversation then becomes, are there any major problems with the structural and mechanical components of the home? Or, are we dealing with minor repairs that are easily taken care of?

Problems with the roof, foundation, or potential big-ticket items like windows are probably worth discussing. Also, if there are signs of water in the basement or potential mold, these fixes can be costly and may need to be explored further. Local code safety violations will also be noted and must be fixed before closing.

Inspectors Can't Tell You the Future
An experienced home inspector will provide an in-depth analysis of your new home, pointing out areas of concern, and things that may become a problem down the road. Even though the roof does not need to be replaced now, it can be helpful to know that it may need to be in a year or two. However, your inspector can’t predict the future. Repairs and maintenance are just par for the course when it comes to being a homeowner.

Don’t Invite Everyone
Of course you’re excited about your new home, and it’s understandable that you want to show it off to friends and family, but the inspection is not the time. Your inspector is there to do an important job, and a crowd of people can be distracting.

“The deal has not closed yet, so be mindful that it’s still the seller’s property,” said Leak. “Try to limit the number of people you bring along, and remember to be respectful while in the home. If you open a window or door, just make sure you lock it back up.”

Don’t Skip the Inspection
In this fast-paced market where inventory is low and buyers are plentiful, you want your offer to stand out. While you may throw in some incentives to sweeten the pot, don’t be tempted to waive the home inspection. With an investment this large, you need to be as protected as possible, and the home inspection is a critical step. Any professional REALTOR® will tell you that the inspection contingency provides an extra level of security, and waiving it is rarely worth the risk.

Determining the Major and Minor in a Home Inspection

Hiring a home inspector is a critical part of the home-buying process. Today, it is unthinkable that anyone would buy a home without bringing in an inspector. Worth their weight in gold, home inspectors provide an experienced and objective assessment of what will likely be the biggest purchase of your life. Yet because of this objectivity, the home inspector will report all problems relating to the home that falls within their scope. From trivial issues that can be quickly cleared up to stomach-wrenching deal breakers, the inspection report will equally report problems that the next homeowner – you – will inherit from the previous owner.

How can you distinguish between problems that are minor, major (yet allow the deal to go ahead), and deal breakers?

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Myths About Home Inspections

Of course, you probably know that the inspection is meant to, well, inspect the house and suss out any problems. But you may very well be making some sweeping—and perhaps false—assumptions about how these professionals.
It can be confusing, we know. So join us as we debunk some of the most common home inspection myths.

Myth No. 1: A home inspection is the same thing as a home appraisal
In fact, these two things could not be more different, says Tim Buell, president of the American Society of Home Inspectors and a retired home inspector in Hilliard, OH.

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