It is easy to get caught up in the excitement of buying a new home and overlook the need for conducting a home inspection prior to signing a contract. Home inspections by qualified home inspectors are an important aspect of the home-buying process that can help you save time, money and save you from immense pain in the long run.
To some, a home inspection may appear to be a waste of money. However, simply going around the outside of the house and doing a visual check will not indicate any potential issues. Regardless of the home’s age, there may be hidden costs that the common buyer may be unaware of.
For example, problems with wiring, plumbing, or structural issues, may not be visible during a showing. Consulting with an expert is a much better bet.
Does a home inspection really save you money in the long run? Just ask the Ontario family that was stunned when their dream home turned into a nightmare for them. A family living in Brampton found their dream home in neighboring Halton Hills.
The seller made an agreement that the family could buy it if they waived a home inspection. The buyer Mrs. Song says, “They asked me to waive the home inspection, and I hesitated a little, but she said if I want the home, I had to waive it, so I waived it,” Song said (Foran, 2021). This should have sent alarm bells ringing but sadly it did not.
Songs family later found that there was no water well; they had to spend $10,000 to install new storage tanks and other equipment in their basement. She went on to say that the septic system was also in terrible condition, and that replacing it would be incredibly expensive due to new environmental regulations.
“It’s going to cost me another $120,000 to replace the septic,” Song said. Her family will need to get a separate mortgage for the cost of the repairs in the home. Skipping a home inspection was one of the worst financial decisions that resulted a horrible home buying experience.
Don’t judge a home by its looks
Therefore, the most crucial reason to get a house inspection before buying a property is to make sure it is exactly what you are getting to pay for. Do the same amount of research about your future home as you would any other important purchase. The more information you know, the less surprises you will face in the future.
Home Inspectors to the rescue
Buyers need a qualified and well-trained home inspector to provide them a reliable report on the home that will prevent their dream purchase from becoming a nightmare. This is why home inspectors are playing a crucial role in the current housing market and will continue to do so. It is a lucrative and satisfying career. Are you the type that likes to fix things around the house or get joy after climbing into the attic and finding the root cause of appliance problems or like to fix that annoying plumbing issue? You can turn that trait into a respectable, well-paid career through earning our CAHPI and ministry approved diploma program
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