Buying a home is one of the most important purchases you will will ever make, and a home inspection is a major part of the home buying process. A home inspection is important for buyers and sellers alike.
A home inspection is essentially an overview of a home, highlighting any major issues or repairs that need to be taken care of.
Home inspections are generally completed after a purchase agreement is reached for a home. A professional needs to complete the home inspection and cost generally varies based on location and home size.
If you are purchasing a home, an inspection will help you feel more secure and confident with your purchase. You will become more aware of repairs who’s cost may increase over time.
If you are selling your home, an inspection will alert you of any major issues or repairs that may decrease the value of your home.
If your home inspection reveals problems or major repairs, don’t panic. It doesn’t mean you shouldn’t buy the house. There are options. For example, a home warranty can help offset the cost of certain home repairs, especially if you can’t afford the cost upfront.
A home warranty provides repair or replacement coverage for mechanical failures of major systems and appliances such as air conditioning, heating, electrical, plumbing, refrigerator, washer, dryer and more. An HMS Home Warranty provides protection, savings and convenience for sellers during the listing period and for buyers after the sale of a home,” said McCort. “A home warranty protects the home budget against the costs of repairs and replacements of the home’s major systems and appliances. When faced with the need to replace major systems, many homeowners struggle with the high cost of unplanned repair expenses. Additionally, a home warranty provides convenience. When a system or appliance breaks down, a homeowner can easily call the warranty company and be matched with a pre-screened licensed professional to schedule a service call.”
So remember, a home inspection is essential, especially when buying a home. During a home inspection, it is important to ask as many questions as possible. Make sure all the important things are checked so that you can feel confident in your purchase and aware of what you are buying.
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