So, you have found the home of your dreams and you are ready to make an offer, but there is one thing you need to complete before you take this step: the home inspection. Even if you are not legally required to obtain a home inspection, getting one before you buy is always a good idea. In fact, here are 5 reasons to get a home inspection that you should take into consideration.
Reason #1: Learn More About the Condition of Your Home
Getting a home inspection will give you a much clearer idea of the condition of the home. With the information you obtain through your home inspection, you may decide the home is not right for you. Or, you may decide that you need to lower your offer or to renegotiate the deal to require the necessary repairs to be completed.
Reason #2: Gain Negotiating Power
The first reason to get a home inspection leads nicely into the second reason, which is an increase in negotiating power. Armed with the information gained through the inspection, your real estate agent can effectively negotiate a better deal. If there are certain repairs that need to be made or if certain items will need to be replaced within a few years, you can use this as a bargaining chip to lower the cost of the home. In short, you may be able to save thousands of dollars with the help of your home inspection report.
Reason #3: Protection from a Bad Deal
Of course, depending on what the results of the inspection, you may decide you are no longer interested in purchasing the home. By making the final deal contingent upon the results of your home inspection, you can easily back out of the deal if you find there are just too many problems with the home.
Reason #4: Get an Impartial Opinion
For many homeowners, purchasing a home is at least partially an emotional response. In other words, it is easy to become attached to a particular home due to certain features, such as its location or amenities. As a result, you may become blind to the home’s faults. With the report provided by the inspector, you will be able to clearly see all of the problems you will be facing if you purchase the home. Or, on the other end of the spectrum, you may receive the reassurance you need to know you are making a sound investment.
Reason #5: Get a Break on Homeowner Insurance
Oftentimes, homebuyers can use the results from their home inspection to help with the process of getting homeowner’s insurance. In fact, depending upon the results of the inspection, you may get a discount on your insurance premiums.
Crystal Tost has been a real estate agent specializing in residential Calgary Real Estate sales. For more information on currently available homes for sale view MLS Calgary.
5 Reasons to get a home inspection
November 25, 2011 By Leave a Comment
