Jay Falone's Blog
A home inspection can make or break a property sale. If all goes well during a home inspection, a buyer and seller can proceed with a transaction. Conversely, if a home inspector discovers major problems with a house, a property sale may be in jeopardy.
As a homebuyer, you'll want to do everything possible to ensure a home inspection delivers valuable insights. With in-depth home insights at your disposal, you can determine whether to continue with a home purchase or reenter the housing market.
To ensure a successful home inspection, let's take a look at three common home inspection mistakes, and how a homebuyer can avoid these problems.
1. A homebuyer hires an inexperienced home inspector.
When it comes to hiring a home inspector, it is always better to err on the side of caution. With an experienced home inspector at your side, you can boost the likelihood of a successful home inspection.
Evaluate a variety of local home inspectors. Then, take a look at each home inspector's background and expertise to narrow your search.
In addition, if you feel comfortable with a home inspector, reach out to this professional directly before you make your final hiring decision. That way, you can request client referrals and gain additional insights to help you make an informed selection.
2. A homebuyer does not attend a home inspection.
A homebuyer is not required to attend a home inspection. However, attendance usually is a good idea, regardless of your homebuying expertise.
Remember, a home purchase is one of the biggest transactions that you likely will complete in your lifetime. If you want to ensure a home is a viable long-term investment, it certainly pays to walk around a property with a home inspector and conduct an in-depth evaluation.
In many instances, attending a home inspection may enable a homebuyer to gain home insights that might not be included in a home inspection report as well.
For example, a home inspector who identifies issues with a property may be able to give a homebuyer an estimate about how much it will cost to complete myriad property repairs. These insights are exceedingly valuable and can help a homebuyer determine whether a house is a worthwhile purchase.
3. A homebuyer ignores a home inspection report.
After a home inspector completes a property evaluation, this professional will provide the homebuyer with a home inspection report. Then, a homebuyer will have a set amount of time to review the report to determine whether to proceed with a home purchase.
A home inspection report contains plenty of valuable insights, and as such, should not be ignored. Instead, a homebuyer should spend time evaluating the report and learning from it. And if a homebuyer has any questions, he or she can reach out to the home inspector who provided the report for answers.
Lastly, if you need help planning a home inspection, you should employ a real estate agent. By hiring a real estate agent, you'll have no trouble getting in touch with the best home inspectors in your area.
Believe it or not, an inspection may make or break a home purchase. And if a homebuyer fails to allocate time and resources to perform a comprehensive inspection, the consequences could be severe.
Ultimately, there are many reasons to conduct an extensive inspection before you finalize a home purchase, and these include:
1. You can identify any underlying structural problems with a house.
A home inspection provides a valuable learning opportunity for a homebuyer. In fact, an inspection can help you identify any underlying structural problems with a house before you complete your purchase.
During a home inspection, a property expert will examine a residence both inside and out. When the property expert has completed his or her inspection, this professional will provide you with an inspection report.
As a homebuyer, it is important to review all inspection report results closely. With these home insights, you can decide whether to proceed with a house purchase or reenter the real estate market.
2. You can assess the costs associated with various home repairs.
A comprehensive home inspection enables you to learn about a wide range of home problems. After you receive a home inspection report, you can analyze the costs associated with various home repairs as well.
If you find that home repair costs could be substantial, you may want to ask a seller to complete assorted home improvements. Or, you can always request a reduced price for a home due to its condition.
Furthermore, if you are overwhelmed by potential home repairs, it is important to remember that you can still walk away from a home purchase. And at this point, you can restart your home search from square one.
3. You can determine whether a home is a viable long-term investment.
A home generally is a long-term investment, and as such, you should strive to optimize the value of your house purchase. Thanks to a comprehensive home inspection, you'll be in a great position to do just that.
With an in-depth home inspection, you can identify a house's strengths and weaknesses. And if you feel comfortable with a house after an inspection, you can finalize your home purchase and reap the benefits of a successful investment.
When it comes to conducting a home inspection, it helps to collaborate with a real estate agent. This housing market professional can put you in touch with the top local home inspectors to ensure you can receive expert support as you evaluate a residence.
Let's not forget about the assistance that a real estate agent can provide throughout the homebuying journey, either. A real estate agent can set up home showings, help you submit offers on houses and much more. As a result, a real estate agent will make it easy for you to enjoy a successful homebuying experience.
Ready to pursue your dream house? Consult with a real estate agent, and you can receive plenty of support as you proceed along the homebuying journey.
If you plan to buy a house and want to achieve the optimal results, you should perform a home inspection. In fact, there are many reasons why you should allocate significant time and resources to conduct an in-depth house inspection, and these include:
1. You can gain unprecedented insights into a home's condition.
Although you might have fallen in love with a house when you first saw it, a home inspection may make you rethink your decision to purchase a residence. To better understand why this may be the case, let's consider an example.
If you conduct a home inspection and discover a wide range of problems with a house, you have a tough choice to make. In this scenario, you can continue with a home purchase as planned. Or, you may be able to make a viable argument that a seller should perform assorted house repairs or reduce his or her sale price based on the inspection results.
Ultimately, a home inspection provides you with insights that you may struggle to gain anywhere else. And if you perform an extensive home inspection, you may reap the benefits of this evaluation for years to come.
2. You can avoid the risk of paying too much to acquire your ideal residence.
As a homebuyer, it is important to do everything possible to get the best price on a house. But even if you conduct real estate market research, you risk spending too much on a house if you ignore a home inspection.
With a house inspection, you can learn about various home problems, along with the costs associated with such issues. Then, you can use this information to determine whether your initial offer is sufficient, or whether you should request a reduced home price based on a residence's condition.
3. You can limit the possibility of costly home repairs.
Thanks to a home inspection, you can identify home issues that otherwise may lead to costly repairs down the line. You then can use this information to decide whether you can complete myriad home repairs on your own, or whether professional support is needed to perform house improvements. And if you are overwhelmed by the costs associated with many potential home repairs, you can always walk away from a home sale at this time.
Clearly, there are many reasons to perform a home inspection before you finalize a house purchase. If you hire an expert real estate agent, you can receive plenty of support as you prepare for a home inspection too.
A real estate agent is happy to put you in touch with the top home inspectors in your area. Plus, a real estate agent will attend a home inspection with you and is ready to provide guidance throughout the evaluation. Perhaps best of all, a real estate agent can meet with you after a house inspection, go over the inspection results with you and help you make an informed decision about whether to proceed with a home purchase.
For home sellers, accepting a homebuyer's offer represents one of many steps you'll need to complete to finalize your home sale. In fact, accepting a homebuyer's proposal provides no guarantees, and a homebuyer likely will conduct a home inspection that may determine whether he or she moves forward with a home purchase.
Ultimately, a home inspection may make or break your home sale. But if you spend some time preparing for a home inspection, you can improve your chances of accelerating the home selling process.
Here are three tips to help home sellers get ready for a home inspection.
1. Clean Up Your Home's Interior and Exterior
A home inspector will investigate every nook and cranny of your house. As such, you'll want to ensure your residence dazzles when a home inspector visits, as any flaw could damage your chances of finalizing your home sale.
Conduct an extensive clean-up of your house's interior and exterior – you'll be happy you did. With a neat, tidy home, you'll be able to improve your chances of making a positive impression on a home inspector.
Plus, evaluating your residence before a home inspection ensures you can identify and address any minor flaws before the evaluation. That way, you'll be able to eliminate any problems and improve your chances of a fast, seamless home inspection that won't jeopardize your home sale.
2. Ensure All Areas of Your Home Are Easily Accessible
A home inspector will want to examine your hot water heater, your home's siding and more, so you'll want to make every area of your home easily accessible to a home inspector to guarantee he or she can perform the assessment properly.
Although a home inspector may uncover a variety of problems with your residence, the assessment represents a valuable learning opportunity for both you and the homebuyer. Thus, if all areas of your home are easily accessible, you may be able to make the most of this opportunity, learn about hidden problems with your residence and work to resolve these issues accordingly.
3. Consult with Your Real Estate Agent
Let's face it – a home inspection can be stressful, particularly for home sellers who want to finalize a home sale as soon as possible. Luckily, your real estate agent can help you minimize stress and ensure you know exactly what to expect before, during and after a home inspection.
Your real estate agent can answer any of your home inspection questions and ensure you are fully prepared for the assessment. In addition, your real estate agent will collaborate with you and the homebuyer. And if problems are discovered during a home inspection, your real estate agent will help you determine the best course of action.
When it comes to a home inspection, there is no need to worry. If you use the aforementioned tips to prepare for a home inspection, you'll be able to improve your chances of speeding up the home selling process.
Once you start the process of buying a home, you may begin to feel as if you know everything there is to know about real estate. There’s so much house hunting, researching and negotiating that the process can be dizzying. Once you get into a contract and start the home inspection process, a whole new host of questions comes to the table. Now, you need to know the nitty gritty of what you’re about to buy.
Once you hire a home inspector, it could seem like they are speaking an entirely different language. These inspectors will be looking for any and all potential problems with your new dream home. In order to get the most out of your home inspection, you’ll want to ask smart questions.
How Much Of An Impact Does This Have?
Home inspectors cannot legally tell you whether a property is “good” or not. They can only tell you the things they find wrong with the property, or where they see a need for improvement. These inspectors will seem pretty even keeled when you meet them, so they can be hard to read. They’re all about facts. Asking them what kind of an impact a certain problem will have can help you to make a more informed decision.
Who Can Fix This?
In many states, home inspectors cannot legally make repair recommendations. They can however give you an idea of how easy or how complicated it may be to fix something. You may find that you’ll be able to make simple repairs on your own rather than hire someone for a big price. The only drawback is that home inspectors cannot actually “fix” anything for you. They can only give advice.
What’s A Priority?
Your home inspector can give you an idea of what issues in the home you are about to buy need to be fixed first. Since the inspector's job is to point out absolutely everything- both big and small- you’ll want to know what has the biggest priority so that you can plan accordingly. If things are at the “end of their lifetime” rather than in need of a simple repair, you’ll understand as a homebuyer how much money you’ll need to shell out for repairs sooner rather than later.
Where Is That?
Many times as home inspectors as heading through the property, mentioning things that need repairs and attention, you may have no idea what they are referring to. It’s a good idea to have a notepad and and a camera so that you can refer back to what the inspector was talking about. Some inspectors even insert digital pictures into their reports, so you can ask about that when you’re hiring an inspector.
How Does That Work?
Inspectors can often give you an idea of how different moving parts of the home operate. If you’re new to homeownership, or come across something that you have never seen before, your inspector will be happy to help you figure it all out. It can be a lifesaver once you move in since you’ll already know how much of the house operates.