The answer to ‘Should I get a home inspection?’ should always be yes, no doubt about it. It’s a trivial amount of money to spend for some real peace of mind, and an inspection can save a buyer thousands of dollars if things are uncovered.
I’m a firm believer in being cautious and thorough so I’d never advise against getting an inspection. Unfortunately market forces can make it almost impossible to secure a property with an inspection condition, or any conditions for that matter. We’ve been in this situation for the last several years and in 2017 as well.
Inspections are a good idea if you are a seller too. In this case they’re done before you list. The inspection will tell you if there’s anything seriously wrong that you may have missed. This gives you an opportunity to fix things and potentially avoids lawsuits down the road. When you make the report available to buyers before they offer it increases trust and marketability and puts more dollars in your pocket.
When market conditions allow for it the vast majority of my buyer offers have an inspection condition. Several of my clients who’ve answered ‘yes’ to the question ‘Should I get a home inspection?’ are pretty happy having spent the four or five hundred dollars.
In one property the inspection uncovered some significant roof and siding issues. In two other cases asbestos was found. Lastly, a supposedly rewired house had knob and tube wiring hidden away in between floors.
If significant issues are uncovered a buyer has the option of abandoning the deal, renegotiating on price or having the seller remedy the deficiencies. We’ve done all three of these things at one time or another, saving my clients tens of thousands of dollars as a result.
Even if nothing serious is found the inspectors have a wealth of invaluable knowledge and experience to pass on to the buyer. My clients get a thorough education on every aspect of the home which is why it’s essential that they attend the inspection.
Should I get a home inspection? Yes, without a shadow of doubt you should. Getting a home inspection is a good thing.