As a buyer you want to buy a home with good investment possibilities. If you didn’t why would you buy a home. These days you can rent for nearly the same price as owning a home. But you know that owning a home brings you options that you can’t get when renting; Investment options. You can add-on, landscape, update, remodel, and other endless possibilities.
Do you own a home now? If so, how many things have you changed in your home without a licensed contractor? Okay, you don’t need to answer. The truth is realistic, you own your home right? Of course you have done some DIY work, understandable. And did you know that most of the things you have done probably needed a permit. Well, you are not the only ones.
Most likely so did the sellers that are selling you a home. Some sellers have gotten the proper permits and went by the book. These are the owners that get the most profit from the sale.
A home inspection can find hidden things that can cost you a lot of money. An inspector can find many hidden problems like dry rot, infestations, mold issues, past leaks, and many other things you can’t see with an untrained eye.
Most damages to a home will show up on a seller’s disclosure, but when a home is foreclosed on and the bank has taken possession the bank has no legal obligation to provide a disclosure because the bank has not lived in the home. Brand new homes have the right of exemption also, because the contractor has not lived in the home. Brand new homes don’t always sell right away and may have been sitting unoccupied for quite awhile and it is beneficial to have an inspection.
Don’t make a decision you will regret. An inspection may save your investment money. Don’t be the investor stuck in a damaged home that you can’t get rid of. Be the investor that hired the inspector and found that costly damage before you bought the home.