Do You Really Need A Home Inspection

Dated: 09/15/2016

Views: 1072

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In real estate markets filled with bidding wars, buyers are often tempted to do whatever it takes to get the home of their dreams. But one thing you should never do is to forgo the home inspection.

So what is a home inspection? It is an examination of a property’s condition, performed by a certified professional, to assess the condition of the roof, foundation, heating and cooling systems, plumbing, electrical, water, sewage and fire/safety issues. A written report will be provided to the potential home buyer for a fee, outlining any concerns or issues.

Inspectors don’t just look at the current issues with a home, they also provide an in-depth analysis related to potential problems down the road. For instance, that crack in the roof may not need immediate attention, but it may need to be repaired in a year or two. For buyers, waiving the option to have a professional inspection completed before the purchase of the home can have major repercussions. You may have ‘won’ the home, but you may later realize you purchased a money-pit. Home inspections not only have informational value, but also provide peace-of-mind to the home buyer. A survey completed by the American Society of Home Inspectors found that 88% of respondents say home inspections have increased their confidence about the condition of any property and 84% would be more likely to purchase a foreclosure or short sale property after a home inspection deemed it in good condition.

If you’re in the buying market, remember that waiving the inspection isn’t worth the risk. At ART, we work with the best Home Inspectors in the business and are happy to recommend their services to you in order to provide an extra level of security, while maintaining confidence in your new home.

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