Should I skip a home inspection?
The housing market has been on fire recently. I’ve read multiple articles and talked to several realtors who have said that many potential home buyers are waving home inspections to be more competitive in the home buying process. Buying a home is one of the most important and financially impactful decisions a person or family can make. Why would anyone be willing to wave a home inspection?
Most people do not buy a car without test driving it, most people do not marry their spouse without going on numerous dates with them, most people do not even pick an ice cream flavor at the local ice cream shop without a few samples. I use these examples to show that almost every decision we make in life we test out what we are trying to obtain. Homeownership is one of the biggest financial decisions of someone’s life, and they are buying the house without testing it out. They are buying it without a full picture of the house and property that they will be paying on for the next 30 years! 30 years is a long time to be in debt on a property that has issues you did not know about before buying it.
That’s what home inspectors are for; we test out the house for you. There are many latent defects that can exist in a home that are hard to find if you do not know what to look for, or the signs that would lead a home inspector to make a recommendation for further evaluation. The attached photographs are of defects discovered on a recent home inspection. The roof was actively leaking into the attic, the house had knob and tube wiring, and had cast iron plumbing. All issues that can run into a significant amount of money to correct.
We just want to give our clients the knowledge they need to make an informed decision when buying a home. That way they can make a financially sound decision without a lot of surprises that can cost more money than they had planned to pay.
Can you afford to skip a home inspection?
If you know anyone buying a home, we would appreciate you letting them know that we are happy to help them make a more informed decision.