The Importance Of Having Your Home Inspected

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If you are the buyer in a real estate transaction, you are almost certain to be at a severe disadvantage if you do not get the home inspected. Particularly if the home is older, you run the risk of something major not being up to par, and you would face an expensive repair bill for which you would not have been responsible had an inspection taken place.

 

The case where the house was billed to have a geothermal heating system was a great attraction to the buyer, and since they were from out of town and on a very tight schedule, they made a deal in haste. Just before the buyer made a final offer, the sellers ran a backhoe over the PVC underground piping for the geothermal, and evidently destroyed them, not thinking that their landscaping efforts were doing anything to the geothermal.

 

But it did, and the first cold snap several months later found the buyers with no workable heating system. The cost? Close to $7,000 for a new heat pump and furnace hookup. At least, had the system been checked during an inspection, the seller could have negotiated a price differential on the price of the house, and he would not have been out the money.

 

For most people, their house is the largest purchase that they ever make, yet they treat the transaction like they are purchasing a pair of shoes.

 

A house can look great from the inside and the outside from a cosmetic standpoint, yet it can be in the throes of being eaten alive by termites, having a leaking roof, appliances that don’t work, air conditioning or heating that is worn out, and a host of other things that will come up.

 

A buyer should never waive the inspection rights when purchasing a home, as most things can be worked out if the parties can at least talk about the situation.

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