The Importance Of Home Inspections

Finding a home does not mean that your investigative duties are over. Although most states( including Idaho) do not have required inspections.

 But what about full home inspections? Are they worth it? In most cases, the answer is YES. Although you will have to pay for a home inspection, it may save you a lot of money in the long run.

 A thorough home inspection will include checking the following:

• Electrical systems
• Heating and cooling systems
• Foundation
• Siding
• Structural elements
• Roof
• Insulation
• Doors and windows, and
• Plumbing

 If you are buying a new or used home, it is best to have a home inspection before signing the final paperwork. Once the inspection report comes back, you will the opportunity to ask the homeowners for a price reduction, go ahead and buy the home anyway, or ask the homeowners to make the necessary repairs.
 You will receive a varied reaction from homeowners. Many times, they will agree to lower the price a little.
 When drawing up an initial offer for the purchase of the home, you should include a statement that allows you to withdraw your bid if any repairs are not taken care of or the price is not lowered due to the findings by the home inspector.
 If the contract does not include this, then you can still withdraw from the bid, but you may owe the agent commission fees.
 Having a home inspection will give you peace of mind when you are buying a home. Since you will be taking out a mortgage, it is important to know what you will be buying, and the amount of money you will have to invest after purchasing the home.
 A home inspection will also help you make your final decision whether to purchase the home or to keep looking for another.

Nick Smith
Slivercreek Realty Group
Cell 208-859-6590
Fax 208-319-8969
RealOneSmith@gmail.com
http://www.real1smith.com/