Why a Home Inspection is Important – Especially in a Competitive Housing Market

It’s an exciting moment you have finally found your dream home and fallen in love with it. In a competitive housing market, you may be willing to do whatever it takes for your offer to stand out. But skipping the home inspection could be dangerous. It could help you win a bidding war, however could lead to unexpected problems and expensive repairs later.

Why You Shouldn’t Skip the Home Inspection

With multiple offers on a home, some buyers might feel the need to waive the home inspection contingency to make their offer more attractive. But a home inspection provides peace of mind and helps protect your investment by revealing potential significant and expensive problems.

The home inspection report will provide information about your new home’s HVAC, plumbing, electric, and other systems. If a house has a faulty roof or a foundation damaged by termites, the repair bills might cost thousands of dollars. Other problems like mold, asbestos, and carbon monoxide leaks could also be dangerous to your family’s health.

If you do decide to purchase a home without having an inspection done, you should schedule one after the home closing to at least understand the condition of your home. If any repairs need to be made, you’ll be able to create a home maintenance plan for your home before moving in.

What Happens During the Home Inspection?

Home inspections are a visual, non-invasive inspection of a home’s components. Home inspectors will use a variety of tools to check the structure, exterior, interior, electrical and plumbing. Most important, the inspector will provide an objective, detailed report with their findings after the inspection.

Home Inspection is also a valuable opportunity to tour your new home and learn about how everything works.

Why The Real Estate Agent Should Encourage A Home Inspection

A positive home inspection can pave the way for a smoother closing. A thorough home inspection report provides important knowledge and gives your clients the chance to have key issues addressed before moving into their new home. Your clients will appreciate having a full understanding of the home’s condition, even if they decide to purchase the home without a home inspection contingency.

No home is perfect, and you shouldn’t feel pressured by a competitive market to make a decision that could have serious financial consequences for years to come.

For more information or to schedule a home inspection, to find a . You can also call (800) 309-6753 or email us at inquiry@wini.com and one of our experts will contact you promptly.