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Why You Need An Inspection

Furnace leak

Furnace leak

I’m writing this post as I sit at a client’s home waiting for the many contractors to complete repairs that were discovered during the buyers’ inspection. Normally, the homeowner would handle the juggling of the contractors, but since my clients live out of state, this task falls upon me as their real estate agent.  I don’t mind though.  This is just one of the many services that I provide to clients when they hire me to help them sell their home.  Besides, it gives me an opportunity to write my Blog posts.

Do I Really Need An Inspection?

This is a question that I get from many first time homebuyers. Their inquiry comes not necessarily from a lack of understanding of the benefits that home inspections provide, but rather from a financial standpoint.  Let’s face it, home inspections aren’t cheap.  A typical home inspection can cost anywhere from $400-$600. Most first time homebuyers are on a shoestring budget, and have a difficult time parting with that kind of money.  But, the answer is a resounding YES!

What do I get for my money?

Peace of mind.  You receive a report that details what is wrong with the home and a list of potential items that could cost you big money in the future. It is very similar to a doctor visit.  Think of it as a home check-up.

Uh oh… The Inspector Found Some Problems.

That’s fairly typical. No home is perfect, and in fact, homes are much like living, breathing creatures. Changes occur over time, and problems pop up. That’s why it’s a good idea to have your home inspected every few years, as a preventative measure. Take a look at the photo above. What appears to be a small insignificant leak turned out to be a bigger problem in disguise. The cause of the problem? Laziness. If the original installer of the furnace had just taken time to glue the fitting as required, none of the moisture issues would have occurred. And, if my homeowner had an inspection, this problem might have been caught before much of the damage had been done. Every once in awhile, I come across a home that is well cared for and no problems are noted in the inspection report. When this occurs, the buyer invariably shows disappointment and/or concern that perhaps the inspector isn’t “looking” hard enough. Apparently, some buyers try to justify the inspection on a cost per issue basis, and the more problems that are found, the happier the buyer is.  But, perhaps they shouldn’t be…

The Problem Buyer

I have a good friend and client (let’s call him Rich) who I had helped purchase a home many years ago.  He was a problem buyer, but not in the way that one would imagine by this description.  In fact, he was (and is) a great client who was very rational.  Rich’s problem was that he kept falling in love with homes that had major issues. In fact, he made offers on 5 homes before he found a home that didn’t have major structural issues associated with it. Rich had inspections on 4 homes that he ultimately walked away from because of the inspection problems found. But, through it all, he kept calm (even after spending nearly $2000 on inspections on homes he would never end up buying). His logic was that it is better to spend $400-$600 and find out now than to save the money and have bigger problems down the road.

I had An Inspection, But He Missed Some Things

One of my favorite shows on TV is Holmes on Homes. Mike Holmes is an inspector in Canada with a reality TV show that focuses on home inspections gone bad.  I’ve been helping buyers and sellers for over 15 years, and have been fortunate with inspectors.  The key is to find a good inspection company and stick with them. I’m always baffled when buyers balk at spending a little extra for seasoned inspectors and instead opt for the discount inspector that they found online or through some coupon deal.  A good inspector is worth the money. If you’re not convinced of this, just watch an episode of Holmes on Homes!  If you’d like the name of a few inspectors I’ve used in the past and trust, drop me an email.

What are your thoughts? Do you agree or disagree with me? Leave a comment…

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