Last week, Brooke and I discussed a situation in which the buyers of a property had an inspection done on the property’s septic system, which found that it needed to be replaced.
Fortunately, those buyers didn’t have to foot the bill for the costly repair, but other buyers haven’t been so lucky because they’ve made a crucial error – skipping the inspection process.
Even if a home has a roof that looks new or the listing agent says that there’s new electrical or plumbing, it’s still important to have everything inspected. The whole point of the inspection process is to help you avoid having to pay for costly repairs down the road. So while ordering inspections costs some money up front, it could save you a bunch of money down the road.
Get more details about the importance of inspections in our vlog below:
As Katie and I discuss in the video, inspections seek to find defects in major systems like electrical or plumbing, the roof or foundation, or the septic system.
What inspections do not cover are cosmetic things like ugly carpeting or paint colors. Those things can be seen by the naked eye, and you can adjust your offer based on the cost of fixing those things (or by asking for an allowance from the seller to offset those costs). However, inspections dive deeper into things that you might not be able to readily see, which is why they are so important for home buyers.
If you waive the inspection process, you run the risk of being on the hook for any and all repairs down the road – you can’t call the seller up a year after you buy the house and ask them to do something about it!
With that in mind, check out this guideline that recommends what inspections you should think about having when putting an offer in on a home.
And, as always, Your Hometown Realtors are here to help with any questions or concerns you might have. Feel free to drop by our office at 309 N Broadway in Riverton or call us at 307-856-3999 for further assistance!