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Why You Shouldn’t Skip a Home Inspection
While you may have found the ‘perfect home’, you won’t know if it’s truly the perfect home until you’ve had a home inspection. A home inspection is an inexpensive way to discover the overall condition of a home. It is important to conduct a home inspection to avoid a costly mistake by purchasing a property in need of major repairs. In the excitement of purchasing a home at the Lake of the Ozarks, some homebuyers may want to rush the process by skipping the home inspection. I’m here to share with you many reasons why you SHOULDN’T skip this very important step of the home buying process.
Gives You Negotiating Power
One of the advantages of having a home inspection performed before you buy is the power it might give you to negotiate a lower price. If a home you’re really interested in is on the edge of your price range, information gathered during the home inspection may give you the bargaining power to talk down the price. You can also include a contingency into a purchase contract that allows you to back out of an agreement if the inspection turns up problems that aren’t resolvable or out of your comfort zone.
Ensures the Safety of the Home
The home inspection process allows you to find out any issues that the house may have that aren’t visible to the naked or untrained eye. For example, what may look like a new roof, could in fact have several damaged shingles resulting in leaks that are damaging the interior of the home. With no experience in what to look for, you may not realize that the foundation is compromised and not structurally safe without the expert help of an inspector. And you may not know that the electrical wiring is outdated and needs replaced. There are several important things an inspection can bring to light that you may not have thought to be of importance until it’s too late.
Saves You Money in the Long Run
While there will be an upfront cost to have the home inspection completed, the cost is considerably minimal compared to the potential expense of damages and repairs that the home may need. The last thing you want to do is find out there are much needed maintenance items that need to be addressed AFTER you’ve purchased the home. By having the inspection completed, you can discover any underlying problems before the sale is complete. This will allow you the opportunity to have the seller fix the issues or at least offer monetary reparation.
As you enter the home buying process, be sure you’re thinking objectively and don’t let your decisions be swayed by your emotions. As tempting as it is to rush the process by waiving your right to an inspection, you’ll be grateful by the extra time taken to discover any potential or hidden issues of your potential home. If you’re ready to purchase a home at the Lake of the Ozarks, contact me for your real estate needs. I’ll be happy to help you through all aspects of the home buying process!