February 28, 2020
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Finance

The Importance of Real Estate Inspection

When homes go on the market, they’re not always in tip-top shape. Normal wear and tear or neglectful owners are common causes of damage and poor condition. That’s why home inspection professionals are so valuable in the real estate industry. People want to know what they’re getting into when buying a home. Whether you’re investing or want to buy a home you plan to live in, real estate inspection nassau county is something you may want to consider.  Home inspectors will look for any problems with a property and give you estimates on possible repair costs.

Use as a Contingency

In your contract with the seller prior to closing, you can use home inspection as a contingency. This means that if a home inspection shows significant issues with the home, you can back out of your purchase offer without a penalty. You can also use inspection as a negotiating tool. If something is broken or damaged, you have the opportunity to ask for repairs and/or request a price reduction from the seller. Your realtor will discuss with you the negotiations you can make to reach a better deal.

Get Expert Advice

Home inspectors have the knowledge and expertise to check various things that can be wrong with a house. For example, they check a home’s foundation, appliances, garages, basements and more. They also make sure there aren’t any illegal additions or installations as well as ensure the home doesn’t have safety issues such as radon, carbon monoxide and mold. If something isn’t right with the home, your home inspector will let you know. From there, you’ll be aware of the costs, repairs and maintenance the home will need immediately.

It’s important to know what condition a home is in before you buy it. A home is like a dress. You’ll never know how it fits until you try it on.