If you’re a first-time home buyer, you may not know what to expect from the process of a home inspection. So, in this article, we’ll break down our top tips for first-time buyers, and help you learn what you should expect from the process. Let’s get into it.
Find The Right Inspector
Finding a qualified home inspector can be like finding a needle in a haystack, which can leave you overwhelmed with options. You can ask around for recommendations from family and friends, and your real estate agent should also have a list of local inspectors in your area. Do a little bit of research and read some online reviews, and schedule interviews with inspectors who you’re interested in working with.
- Check for required state licenses needed by a home inspector
- Check to see if your inspector has insurance
- Check to see if your inspector is a part of a trade association
Consider “Extras” You May Need
While interviewing a home inspector, you may also want to consider which other “extra” inspection services you’re interested in. There are some tests that are not included with a standard home inspection, such as:
- Mold testing
- Radon testing
- Sewer scope inspections
- Asbestos testing
- Lead testing
These will cost you an additional fee, but may be worth the investment if you’re buying an older home, and would like to make sure that you check for any potential issues pre-purchase.
Follow Along During The Inspection And Ask Questions
It might be tempting to not attend your home inspection, considering that you will be getting a written report when the inspection is wrapped up. Attending a home inspection will allow the inspector to walk you through some of the factors that may play a role in the future ownership of the home. This is a great opportunity for you to ask a lot of questions about the home itself and the longevity of some of the components within it.
Typically, the home inspector will allow you to accompany them during the process of a home inspection. You should let them focus on their jobs, but typically you’re also welcome to ask them any questions that you may have throughout the process.
If you choose not to attend your home inspection, you miss the chance to learn about important factors that might not come through on a home inspection report. That can be anything from a piece of mechanical equipment that you are unfamiliar with or features of a system that you may not know about.
Don’t Even Think About Skipping A Home Inspection
We understand that purchasing a home for the first time can be a costly endeavor. Closing costs, the cost of moving your stuff, hiring a real estate agent – it adds up. But don’t even think about trying to avoid the cost of a home inspection.
Sure, a home inspector will cost you a few hundred bucks, in most cases. But a home inspection could potentially save you thousands – or even tens of thousands – of dollars in the long run, by identifying serious issues like faulty electrical wiring, plumbing leaks, roofing issues, and more.
Relax and Realize that No Home is Perfect
All too often, a new home buyer will receive their home inspection filled with all kinds of issues or problems. It would be easy to assume that this would be detrimental to your home purchase, but take a step back and look at it with your realtor. Some of the findings may actually be very small fixes that the homeowner will be willing to take on. The job of your home inspector is to ensure you know everything about your new home, the good and the bad.
A home inspector gives you peace of mind, and also helps you negotiate a better rate on the home you’d like to buy, should any issues be noted throughout the inspection process. Sure, we’re a little biased – but we’d say that’s well worth the investment!