How Home Inspectors Can Save You Money In The Long Run

Before getting swept by the excitement of buying your dream house, you should include a home inspection in your pre-closing to-do list. A home inspection reveals all the potential problems and costly repairs in a home, so that you know exactly what you are buying.

Studies have shown that 9 in 10 home buyers hire home inspection services before closing a deal on their property. 83% of home buyers even claimed their mortgage lenders demanded a home inspection.

A home inspector conducts an in-depth examination of the property’s structure, exterior, and internal system and consolidates all the findings in a detailed report.

Buyers are often hesitant to pay for a home inspection, but they don’t realize that it is a worthwhile investment that can save them thousands of dollars down the road. Here’s how:

Identify Potential Money Pits

A home inspection covers the following:

  • A roof inspection: examining the drainage system, roof materials, chimney, skylights, and flashings
  • Structural components: foundation issues, peeling paint, cracked walls, basement
  • Interior systems: HVAC system, electrical systems, plumbing, central air conditioning system
  • Visible insulation, windows, light fixtures

This list is not exhaustive.

While a house may look fantastic on the outside, home inspections can reveal money pits that might raise your expenses like maintenance, safety hazards, and costly repairs. For instance, costs for big-ticket repairs like a new HVAC system could easily exceed $10,000.

Therefore, experts believe that home inspections can save average home buyers nearly $14,000 on their purchase.

Negotiate With The Seller

The home inspector usually provides estimates for repair costs, saving buyers from unforeseen expenses. You can use these deficiencies to negotiate a better deal and knock thousands off the property’s price, taking into account the costs of future maintenance. In some cases, the seller may agree to make the repairs before closing.

Additionally, a home inspector predicts the life expectancy of systems like the roof or HVAC, so you can plan for their eventual replacement accordingly.

Home inspector writing checking the exterior wall and noting down his findings

Identify Safety Issues

Issues like unsafe electrical wiring and uneven flooring are some of the many defects that must be addressed immediately. A home inspector also identifies hazards like asbestos, mold, and other health and safety issues.

Hire professional home inspection services serving Southern New York State and Long Island today! Our team of home inspectors at Clear Sight Inspections gives you peace of mind and confidence in your new home purchase.

We also offer different home inspection packages that cover every aspect of a residential property.

Schedule an online inspection or get in touch with our insured home inspectors today.