Don’t Buy a Home Until You Do This
The crucial step all potential home buyers should take
Buying a home is a huge investment and something to be proud of. You’ve probably been building your credit and setting money aside for a down payment for years. Then, once the time is right, you go house hunting. During the house hunting phase, you may be focused on finding the right floor plan and the perfect kitchen design. But there might be something you haven’t thought about – what if the ideal house isn’t so perfect after all? Even in new homes, there may be hidden issues. That’s why we always encourage our clients to get a home inspection.
Home inspections are done during the inspection period after your offer has been accepted. We work closely with some top-notch home inspectors who are worth every penny – this isn’t something you should ask a friend or family member to do for you. Let’s learn more about a home inspection and why you should get one done before buying a home.
What is a home inspection?
During a home inspection, the inspector will thoroughly examine the home. They will look at the condition of each of the home’s systems, such as the HVAC, plumbing, and electrical systems. They will also look for any signs of structural damage or potential safety hazards. If the inspector finds anything that is not working as intended or appears to be at the end of its lifespan, they note it in their inspection report.
Home inspectors are not experts in all areas of the home, and sometimes, what they find will need to be further evaluated by someone skilled in that particular area. For example, if the home inspector is concerned about the condition of the roof, they would recommend having a roofer come out to do a further evaluation since they are more knowledgeable in the area.
What happens if items aren’t working?
Every home will have something that needs to be repaired. It could be something small, like a loose doorknob, or it could be significant, like finding a slab leak or termite damage. The good news is that regardless of what is found, the buyer can ask the seller to make repairs. The buyer and seller can then negotiate over the repairs that need to be made. In extreme cases, the seller could reduce the price of the house instead of making expensive or time-consuming repairs. In really extreme cases, the buyer can decide to walk away from the house, usually without losing any of their earnest money deposit.
Bottom line
Don’t skip your home inspection. Yes, they are expensive, but buying a house with serious issues would cost even more. Investing in a home inspection will give you peace of mind and reassurance that the home you are buying is a safe and solid investment.
If you’re ready to start your home search in New Mexico, we are here to help. We are experts in the area and will guide you through the entire process. We work closely with other industry professionals like home inspectors, lenders, and more to make sure you have the best possible experience. Give us a call!
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Posted by Alfonso "Fonz" Salazar on
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