The Mortgage Insider - Home Financing with Contemporary Mortgage

5 reasons to get a home inspection

November 18th, 2021 12:36 PM by Holly Ecimovic

Are you buying or selling a home? 

If so, you should have a professional home inspection performed.

Here's a list of systems that will be looked at during the inspection:

  1. Roofing
  2. Electrical systems
  3. Cosmetic condition, paint, siding, etc.
  4. Plumbing systems 
  5. Structural elements, foundation, framing, etc.

You need to know exactly what you're getting when buying a home.

A home inspection, performed by a professional home inspector, will reveal any hidden problems with the home so that they may be addressed before the deal is closed.

You should require an inspection at the time you make a formal offer. Make sure the contract has an inspection contingency. Then, hire your own inspector and pay close attention to the inspection report. If you aren't comfortable with what the inspector finds, you should not go through with the deal.

On the other hand, if you are selling a home, you want to know about potential hidden problems before your house goes on the market.

Almost all contracts include the condition that the contract is contingent on upon completion of a satisfactory inspection.

Most buyers are going to insist that the inspection be a professional home inspection, usually by an inspector they hire.

If the buyer's inspector finds a problem, it can cause the buyer to become hesitant, and the deal can often fall through. Unexpected problems uncovered by the buyer's inspector will cause delays in closing, and usually you will have to pay for repairs at the last minute, or take a lower price on your home.

It's better to pay for your own inspection before putting your home on the market. Find out about any hidden problems and correct them in advance. Otherwise, you can count on the buyer's inspector finding them, at the worst possible time.

Call us today to begin the home loan process: 407-834-3377.

Posted by Holly Ecimovic on November 18th, 2021 12:36 PM


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498 Palm Springs Dr Suite 220
Altamonte Springs, FL 32701