YARDLEY, PA, Aug 24, 2016—When gearing up to buy a home, there are likely a million things on your mind, and hiring a home inspector may not be one of them.
However, hiring a home inspector is a critical component of a successful home purchase, and not doing so could have major repercussions. Below,Wes Foster, Founder & CEO of Long & Foster Real Estate weighs in.
“A home inspector is a paid professional – often a contractor or an engineer – who checks the safety of a home,” Foster explains. Home inspectors search for defects or other problems, focusing particularly on the home’s structure, construction, and mechanical systems.
A home inspection typically takes place after a purchase contract between the buyer and seller has been signed. “Always include an inspection clause in your written offer,” says Foster. This clause gives you an “out” from buying if serious problems are detected. It also gives you another chance to negotiate the purchase price if repairs are needed. The clause can even specify that the sellers fix any problem that is uncovered before you settle, or close, on the home.
“Buying a home without getting expert advice is risky,” cautions Foster. Once a home inspector uncovers major plumbing and electrical problems, for example, you may decide you do not want to spend several thousand dollars on repairs.
In addition to major structural issues, Foster suggests you consider hiring experts to inspect the home for a number of health-related risks like radon gas, asbestos, or possible problems with the water or waste disposal system.
“Hiring a home inspector can save you from accidentally purchasing a money pit,” says Foster. Never purchase a home without first having it examined.
For more real estate information, please contact Long & Foster Real Estate at firstname.lastname@example.org, 1-877-221-1776, or Long & Foster Real Estate.