One of the critical aspects you need to focus on before you buy or move to a new home is having it checked out by a professional home inspector. Yes, we know, you might have an objection: ‘Buying a home is an expensive affair, why would I chip in hundreds more?’ This article is delving into what a home inspection can reveal for you and whether it’s worth it!
A home inspection is a common ‘to-do’ in the mature Miami real estate market. Also, home inspections have gained more traction after the COVID-19 pandemic. Why so? As the events started to worsen amidst the economic meltdown, demand for the secondary housing market across many parts slumped. As the Coronavirus outbreak boosted a feeling of home security, home inspections are helping buyers ensure they are getting the best value for what they are paying.
A few important areas you need to get inspected for your new Miami home:
- Structural issues
- Damages to the roof
- Damaged electrical systems
- Plumbing problems
- Damages caused by water
- Faults in the heating or cooling systems
- Insect and pest infestation
- Examination of woodwork
- Examination of appliances, etc.
A home inspection can also help you get a certification on the liability of the property.
Benefits of Home Inspection for Home Buyers
The real question – Why are Home Inspections so Important?
We can safely say that real estate is a capital-intensive asset, and any issues with its structure can make you to spend more money on a recently acquired asset. Even though home inspections are a bit costly, you as a buyer must get it done before you finalize the deal. If the report suggests major issues regarding the safety of the property, you should certainly reconsider your purchase decision. You can also ask the dealer to fix the issues before actually making the purchase. A home inspection also offers you an opportunity to negotiate the property’s price. You can get a discount on the final price if the report suggests minor drawbacks in the property and the seller is in a hurry to close the deal.
Also, the whole deal needs to have an agreement that contains such service or home inspection events. While performing a home inspection is not optional in the case of a resale home, you must also get the procedure conducted, even if you are buying a fresh unit. This can help you gauge the quality of the construction through a home inspection.
Is a home inspection worth the investment?
The cost of a home inspection may change from property to property, especially based on the size of the home and the area. Of course, the cost can be much higher if you considering hiring specialized inspectors.
Pro tip: Ask ahead of time how an inspector charges.
Here are certain things to remember:
- Remember that an inspection is not the only determinant for buying a house. You may make some renovations to the house with the currently occurring problems. The inspection will help you understand exactly how many you’ll need to do.
- Never ignore any problems you find. You will always find problems with a home in an inspection. Even a new home construction will have minor issues that need attention.
- Not all problems will be fixed. No seller will fix everything for you. They may try and negotiate on some, but expecting a resolution of all issues is unreasonable.
Key Takeaways
- A home inspection is a chance to learn about the major and minor issues with a home before purchasing it.
- Many sellers and lenders won’t provide financing on a home without an inspection.
- A home inspection can uncover many life-threatening problems like mold or damaged wiring that may cause a fatal fire.
- Most buyers may get a seven-day window to walk away from the purchase after a home inspection is done.
- Purchasing a home should be backed up with a thorough inspection.
- Home inspectors will check all exterior and interior parts of the home, including plumbing, electrical, roofing, HVAC, and structures.
If you are buying a home for the first time nearby Miami, a home inspection can offer you a quick look at the property as a whole and its various pros and cons. Home maintenance gets easier with a home inspection and that’s why it’s highly recommended.
If you are searching for a home inspector in Miami for your next purchase, Atlantic Building Inspections is where your search ends!
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