It’s easy to get too excited about buying a new house and not conducting a home inspection before signing a contract. Qualified home inspectors can save you time and money and prevent you from suffering a lot in the long term.
A home inspection can seem like a waste of money to some. A simple inspection of the home’s exterior will not reveal any problems. No matter how old the house is, hidden costs may exist that are not obvious to the buyer.
A showing may not reveal structural, wiring or plumbing problems. It is better to consult with an expert.
Save Money
Is it possible to save money on your home inspection in Brampton? Ask the family who was shocked when their dream home became a nightmare. Brampton family finds their dream home in the neighbouring Halton Hills.
The seller agreed that the family could purchase it if they waived home inspections. Mrs Song, the buyer, stated that they asked her to waive the home inspection. She said she was unsure if she would agree, but she told me to do it if I wanted the house. (Foran, 202). Although this should have raised alarm bells, it didn’t.
Repair costs
The Songs family discovered that their basement did not have a water supply. They had to spend $10,000 on new storage tanks and equipment. The septic system was also in poor condition and would need to be replaced due to the new environmental regulations.
Song stated that it would cost her $120,000 more to replace the septic. Song’s family will need a separate mortgage to cover the costs of repairs to the house. A home inspection was one of her worst financial decisions.
Do not judge a house by its exterior.
It is important to have a house inspection done before buying a property. This ensures that the property you purchase is comparable to what it costs. Do the same research on your future home as with any important purchase. You will be less surprised in the future if you have more information.
Home Inspectors are here to save
A qualified, experienced home inspector must give buyers a report that will help them avoid making costly mistakes and prevent their dream home from turning into a nightmare. Home inspectors play a vital role in today’s housing market. This is a rewarding career.