Finance Why You Should Have A House Inspected Before Buying? We may receive commissions for affiliate links included in this article. This is a sponsored post. Absolute Baller makes no warranties about the statements, facts and/or claims made on this article. These are the opinions of the author. Read our advertising and contributor disclosure here. Buying a house is both an exciting and arduous process. You might spend months searching for the right home, and then when you find it, you have to make an offer and hope that it’s accepted. After that, all you probably want to do is get the keys and move in, but you never want to skip the home inspection, no matter how “perfect” it seems. You will have to pay the cost of a home inspection, which ranges in price from $279 to $399, according to HomeAdvisor, and while you can waive the right to do so, that’s never a good idea. Getting a professional to inspect it, identifying any necessary repairs and ensure everything in the house is functioning properly, should be a mandatory part of the home buying process, whether you’re buying a home among Los Angeles or Little Rock houses for sale. Hidden Problems Even if you do a thorough walk around the house, inside and out, and think the house looks great, the aesthetics can hide serious problems. No matter what the age of the home, there might be structural, plumbing, or wiring issues that aren’t visible. You need an expert to climb into the attic and dig around the crawl space to see if there may be expensive problems that aren’t readily apparent when viewing with a real estate agent. If something is uncovered, it could potentially save you a significant amount of money. Those who skip the expensive might realize a few years down the road that it would have been far cheaper than, for example, having to rewire the entire house. Uncover Possible Safety Issues One of the most important parts of the home inspection is ensuring that the house is safe to live in. You want to make sure the chimney isn’t blocked if there is one, electrical and plumbing systems are in proper working order, that there aren’t any issues with mold, and so on. Negotiating Power Another advantage of getting a home inspection before buying is that it may give you more negotiating power, potentially lowering the price of the home. If the house is at the top of your price range, information gathered during the inspection could make it easier to talk it down. You can ask the seller to fix problems pointed out in the report, request the seller to contribute more to closing costs or renegotiate the asking price. Planning for Maintenance Costs Getting a home inspection will give you a much better idea as to what the maintenance costs will be so that you can plan for that when putting together your budget. All homes require ongoing maintenance, with the cost generally dependent on the condition. A new home probably won’t need as much maintenance as an older one. The inspection report will reveal what you will need to replace over the next five years. Peace of Mind in Knowing What You’re Buying An inspection report guarantees that you know what the condition of the home is when the sale is finalized. You’ll understand what you’re buying, so there will be fewer unpleasant surprises down the road, allowing you to make the best decision possible. So if you are planning to buy a house, make sure you keep these points in mind to make an informed decision and to avoid any future issues. Read more about housing and insurance here: Should you approach a real estate agent to sell your house?How To Find The Best Homeowners Insurance Quotes In 2020?What is the significance of Hazard insurance Get featured on this site! Absolute Baller Absolute Baller is the #1 spot to discover up-and-coming artists, entrepreneurs and read their stories. The editors of Absolute Baller manage this account. Want to be featured? Please follow the link here. Share This Previous ArticleHELLO AUGUST RUSH PROVIDING PEOPLE WITH A NEW SUPPLEMENT ALTERNATIVE Next ArticleAdam Jacobs on Buying Failing Businesses and Turning Them Around August 28, 2020