Property inspections are a great idea, not only when you buy a home but also when you sell one or even when you are living in one. With a car you may have it checked for safety when you buy it but then also frequently afterwards to check it is still safe. You may even have a car safety checked before selling it to increase the value. The very same is true with houses, or at least you should have them checked, many people don’t which is odd considering that a house is a much bigger investment than a car.
A house can have as many things go wrong with it as a car as well and many aren’t instantly obvious: sometimes even the symptoms aren’t obvious. A damp ceiling may be obvious, though the cause may not be, but rotting timbers may not be obvious: in both cases a property inspection will identify the problem including the cause.
With a house you have been living in for some time you may think you know it quite well, but problems can still lurk, leaks, subsidence, termites: these are all things that you may not realize are problems for your home. With a leak it may only get as far as your loft and the water may soak into the beams and joists: unfortunately this may lead to them losing their strength or even rotting, in extreme circumstance your house could collapse before you even realize there is a problem.
It is very true though that most house inspections are done when people buy a house, many get them done to make sure they can get a home loan secured on the home but even if you don’t need the report for this a home report is a good idea and is definitely a good idea before you make an offer. In some cases you may decide not to make an offer following a inspection: the work may be far to extensive to make the house inhabitable, or it could be you have problems such as termites that are doing to be difficult to eradicate. Even if you are expecting your new home to need some work you need to know just how much: you may be thinking redecorating and a new kitchen a house inspection may show you the entire roof needs replacing. You may choose to adjust the price you offer with the inspection for bargaining power or you may just decide to walk away and leave it.
If as a buyer you do get a report done and then don’t go ahead you have lost some money. What you would prefer as a buyer then is that the seller has got a report already, as long as it is from a reputable and licensed property inspector you feel you can trust. As a seller you may even get people looking at your home because they like the fact it already has a property inspection. You can also use it to make sure you get a fair price and it will make your home an easy choice for people especially if they are considering a few similar properties.
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