Buying a new home is an exciting process that is filled with so many emotions. For many people, they once they find the house that they want to call home, they get swept up in excitement and overlook making one of the most important parts of the home buying process: Having the home inspected.
If you are a prospective homeowner, you may be wondering why a home inspection long island is so important. Here is a look at the key reasons why you shouldn’t overlook this invaluable part of buying a home.
Reveals the Home’s Secrets
Whether it’s a single-family home, a duplex, a condo or an apartment, every structure has its secrets. A home inspection aims to reveal those secrets so that you, the future homeowner, can have a better understanding of the condition of the home before they proceed with purchasing it.
Having a long island home inspection may seem like a waste of time and money, especially if you are buying a new construction; however, it’s important to remember that even a brand new home, or one that appears to be in immaculate condition could be hiding major issues. No matter how old the home is, or what its condition is, costly issues that may not be visible to be naked eye can exist. There could be problems with the plumbing, the electricity, the boiler or the foundation, for example that you cannot see. A home inspection completed by a professional will reveal these types of issues.
Protects Your Investment
For most people, a home is the biggest investment they will ever make. As such, you want to make sure that you are investing your money wisely.
Because a home inspection reveals issues with a home, it helps to ensure that you are not investing your money into a ‘lemon,’ or a house that needs major repairs, or has damage that is irreparable.
Saves You Money
Buying a home is expensive, so it may seem like spending extra money on an inspection is a waste; however, spending that extra money can actually save you a tens of thousands of dollars down the line.
The average home inspection costs between $300 and $500. While this may seem like a lot, especially when you are planning on spending so much on purchasing the house, it’s actually pennies compared to the money that you could potentially be spending in the future if there is a major issue with the house; a home inspection costs far less than having the foundation repaired or the house rewired.
A home inspection could prove to be a powerful negation tool. If the information collected during the inspection reveals major issues, you could use that information as a bargaining chip to talk down the price of the home. Additionally, the information could allow you to include clauses in the purchase contract that will require the seller to make the necessary repairs before completing the purchase.
If you have found your dream home, an inspection can ensure that it doesn’t turn out to be a nightmare.