How important is it to conduct a home inspection before you purchase a home?

Home Inspections are great!

Have you ever purchased something and didn't seem to like it afterwards?  What do we normally do when we no longer want something we have purchased?  Normally, a purchaser returns it and most of the time 100% of their money is returned as well.

When purchasing a home there is a different set of rules that apply.  

Most of the time people make returns because they are not please with their purchase.  However, you can not buy a home and then decide after a few days that you want to return it.  In fact once you sign the contract you have made certain decisions that puts your money (*Earnest Money) on the line.  Once you agree to purchase a home you have signed off on legally binding documents.  After you receive the keys to your new home,  excitedly walk away from the closing table, and move in you are not going to have rights to go back to the seller and return the home.  

To avoid the urge to return a home because you are dis-pleased you should have a Home Inspection conducted before you complete the purchase.  This way you will know what you are buying.  An inspection gives a detailed summary of the current condition of the home.  You will learn about the things like the condition of the electricity, roof, plumbing, windows, structure and much more.  If after the inspection you decide the home is not a good fit, you have options to have the repairs addressed or walk away without risk of losing your Earnest Money.

If you decide to become a homeowner remember to have the home inspected before you make a decision to go through with the purchase.

Like we said before, Home Inspections are great!

*Earnest Money

Upfront deposit on a home purchase.  Earnest Money is required by most sellers as part of a contract package.  Earnest Money could be returned based on agreed upon terms.  

Trinity First Realty Services, Inc.
www.TrinityFirstRealtyInc.com