Mistakes to Avoid During the Home Inspection Process
A home inspection is one of the most important parts of any real estate transaction. The inspection informs the potential buyer of any problems with the house and a sense of the kind of repairs or maintenance they will need to perform in the near future after purchase. Given the size of the investment involved in purchasing a home, the inspection is a crucial factor in making an informed decision.
As a buyer, you must take the home inspection process seriously and avoid making any mistakes that could jeopardize your investment or cause the inspection to go poorly. These are a few examples of mistakes to avoid during the home inspection process:
- Not researching the inspector’s background: Any time you are working with a contractor, you should be prepared to do a thorough background check to make sure he or she is trustworthy and capable of doing the work well. Find out how long inspectors have been working in the field, how many inspections they’ve done, their qualifications and whether they have previous experience in building or contracting. Be sure to check reviews online, as well.
- Not going to the inspection: It’s not mandatory for the buyer to be present at an inspection, but you stand to learn a lot about the property by attending. Seeing the pictures and reading the report is no substitute for being there while the inspector identifies issues that need to be resolved.
- Not reading the report: The inspector provides you with a report for a reason. It allows you to clearly see any issues with the property and the condition of every aspect of it, including what it will take to fix any problems the inspector found.
If your home inspection finds no major problems, then your contract can continue. But if the inspector finds material defects, which are conditions that need to be repaired, you (or your attorney) will need to negotiate with the seller to either make those repairs or amend the contract by making monetary concessions.
For more information on how you can get the most out of your home inspection, meet with an experienced Charlottesville real estate attorney at Miller Law Group, P.C. Contact us online or by phone at 434-202-5293.