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Home inspections can save you from buying a money pit

11/19/2018

7 Comments

 
Are you considering buying a new house? If you are it's important to make sure you do your due diligence before you buy. The best way to avoid buying a money pit is to get a home inspection from an expert. Getting a home inspection by a professional is the first line of defense in avoiding a bad property investment. Even with hundreds of laws in place to protect home buyers, it is still up to you to make sure the house you are buying is a good investment and not a money pit.


One of the most important things to do during an inspection is to be there for it, watch and ask questions and yes, even take notes. Try to schedule your inspection for a time period where you can be there and you can focus on what the inspector says without interruption. You will want to be there to observe his/her thoroughness and to be able to ask questions when necessary.


When you call to make your appointment with an inspector, it's a good idea to get some information on the inspector's qualifications. Some initial questions should include: Are you a full-time or a part-time inspector? How many years have you been inspecting homes? Where and when did you get your training? How many homes on average do you inspect a year?


We all know that getting a thorough professional inspection before buying a house is a must, so before you sign on the dotted line and move your stuff in, remember that inspections can uncover serious issues. These issues can include, foundation problems, asbestos, mold, in-ground oil tanks, water damage, roof problems, furnace issues, the age of the electrical systems and vermin/pests.


if your inspector turns up some of these more serious problems, it doesn’t necessarily mean you can’t buy the house, but being alerted to the problem will help you get a good sense of what you ware up against and whether the purchase is a good investment. 
7 Comments

    Author

    Frank Olsen - Home Inspectore

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