If you are putting a contract on a house there should be a contingency provided to allow for a home inspection. This holds true even if you are purchasing a home listed ‘as is’. An inspection gives you an idea of the true condition of the home you are buying. It doesn’t matter if the seller is willing to fix things or not, it is beneficial for you to know exactly what you are getting into! There are many issues that may be uncovered during an inspection that may not necessarily kill the deal, but may require some planning and extra cash outlay for the buyer.
Some of those issues are:
- Foundation cracks
- Structural defects
- Attic problems (i.e. insulation deficiencies, moisture, ventilation, animals)
- Improper operation of mechanical equipment (i.e. Furnace, water heater, AC)
- Electrical deficiencies
- Outdated plumbing
Knowing these problems exist can help you make a more educated decision about the property you are about to buy. As I stated earlier, you may not change your mind about buying the property, but it may change your approach after the sale is final. Don’t you think that would be a benefit?
