| When you are buying a home, the home inspection is | | | | are problems, but otherwise, you'll go into escrow |
| one of the move important parts of the process. If | | | | and purchase the house. If this is the case, the |
| you don't get a home inspection, you may pay for a | | | | homeowner might be willing to completely pay for |
| house that has a leaky roof, poor wiring, termite and | | | | the inspection. |
| other pest damage, dangerous asbestos qualities in | | | | Mistake #3: Hiring an Inspector Affiliated with a |
| the air, a crumbling foundation, or more! After you've | | | | Contractor |
| purchased the house, there is little you can do if | | | | Inspection is a tricky business. If your home inspector |
| you've waived your right to a home inspection. | | | | is affiliated with a contractor of any kind, there's the |
| They're absolutely necessary. | | | | chance that his review of the home might be |
| Even some people who get home inspections make | | | | dishonest. He may say that your foundation needs |
| huge mistakes in dealing with these findings. What do | | | | work, for example, but in reality, that might be just |
| you do if your inspector finds a problem? What do | | | | to direct your business toward the contractor. |
| you do if your inspector misses something huge? | | | | Many states have strict laws as to how an inspector |
| How you react is up to you - but don't make the | | | | must work. In some cases, it is illegal for an inspector |
| follow home inspection mistakes: | | | | to be affiliated with a contractor or to do any kind |
| Mistake #1: Not Signing a Contract with your Home | | | | of contracting work himself. In other states, this is |
| Inspector | | | | not illegal. Regardless, be very careful about who you |
| Some inspectors are sent y the city in order to | | | | hire. Ask for recommendations and samples of their |
| ensure that the home in inhabitable or able to be | | | | work before you shell out any money. |
| renovated. However, when it comes to buying a | | | | Mistake #4: Not Understanding your Home Inspection |
| home, you'll more than likely need to work with an | | | | If you don't understand your home inspection, why |
| inspector who works for an inspection company. In | | | | get on in the first place? Make sure that the results |
| this case, always sign a contract. | | | | you are give are easy to understand so that you can |
| Home inspections usually cost between $300 and | | | | make a good choice about purchasing the house or |
| $2000, depending on the size of the home and the | | | | not. If there is something that you don't understand, |
| types of things the person is inspecting. Read the | | | | ask the inspector to explain it to you. |
| contract carefully so that you understand exactly | | | | In addition, the home's current residents should |
| what you are getting for your money. There should | | | | completely understand the home inspection as well. |
| also be something in the contract guaranteeing you | | | | This is especially important if you decide not to buy |
| against mistakes and omissions so that if the home | | | | or are asking for a credit to fix a problem that was |
| inspector is wrong or doesn't see a huge problem, | | | | uncovered. Provide them with a copy of the |
| you can get your money back or otherwise take | | | | inspection report, as well as the phone number and |
| care of the problem. | | | | other contact information of the inspector. |
| Mistake #2: Not Considering your Payment Options | | | | Again, the biggest mistake you can make in regards |
| In today's market, it is a buyer's world. That means | | | | to home inspections is to not get one at all. Current |
| that homeowners often offer incentives to potential | | | | homeowners aren't necessarily out to trick you into |
| buyers. Find out when it he last time the buyer had | | | | buying a property with a ton of problems. However, |
| the home inspected. If it's been five years or more, | | | | they've probably lived in the home for years - or |
| ask them to partially pay for a new home inspection. | | | | even decades in many cases. They may simply not |
| You might not decide to purchase the house, but if | | | | know that there are any problems. By getting a |
| this is the case, the homeowner will have the home | | | | home inspection, you're protecting yourself and |
| inspection results to show other potential buyers. | | | | potentially avoiding making what could be a bad |
| You can also talk to the homeowner about signing a | | | | investment. Home inspections should be a part of |
| contract to buy if the home inspection comes back | | | | every real estate transaction. |
| clean. You'll be able to consider your options if there | | | | |