Importance of the Property Inspection

An investment of any size should always be supported by an inspection. Nowhere is this more true than in real estate. Many first-time homebuyers are so eager to get into their property that they overlook this crucial step.

Having a professional home inspection done is a must. The information you receive at the inspection and in the written report is intended to make you aware of the strengths and weaknesses of the home you are purchasing. Most inspections will determine areas in the home that could use upgrading or repair. Some repairs may be negotiabe with the homes seller. Keep in mind that even on "As Is" homes- typical of bank owned properties & preforeclosure sales; it is still wise to get an inspection done for your own knowledge. Items marked for repair are not so much meant to discourage your purchase of the property but rather to give you a complete picture of the condition of the home you are purchasing. Most any home that is not new construction will have some wear & tear on it.

There are different types of inspections and not every type may apply to your purchase. The most common and comprehensive type inspection is the home inspection. Most of the home will be covered in the home inspection so this is one is a must. If your home has a septic system or a well it is also a good idea to have these tested by the appropriate companies as well. Additional inspections include inspections for Radon, Water Quality and Termites.

Speak to your Realtor about having an inspection scheduled after your offer on the property is accepted. The money spent will be well worth the knowledge received.