Why It’s Important to Get a Home Inspection

Why It’s Important to Get a Home Inspection

Every home is composed of several highly important systems and structures. These include the plumbing, electrical, HVAC, roof, foundation, windows, doors, and more. There are many people who have a vested interest in making sure the structures and systems are in good shape, and they are the ones who need home inspections. Here are a few reasons why getting a home inspection is important.

  • It can help you make an informed decision as a buyer. Before you purchase a home, you want to know exactly what you are getting into. Taking out a mortgage on a place only to discover it has major structural issues is the last thing you want, but since many real estate contracts have a contingency clause, you can back out of a sale if a home inspection reveals severe problems. Alternatively, a home inspection may give you negotiating power if issues are discovered.
  • It can help you sell your home faster. If you are trying to sell your home, you’re most likely in for a long process. You may be able to speed it up if you conduct a home inspection before putting your home on the market, as more buyers will be interested in a property that they already know is in good condition.
  • Your insurance company may require it. When you are looking to get a homeowners insurance policy, your insurance company will want to assess their risk before settling on rates or making things official. A home inspection tells them how likely it is that they will need to pay out in the future.

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