Do you really need a home inspection? Last time we talked about if you could do your own home inspection. While technically in some cases you can, it really isn’t recommended by most professionals in Real Estate.
This time, we will explore another reason why you should have your home inspected by a licensed inspector. I want to state again that all reasons are not equally important, so please don’t think one is more so than another. I just want to give you an idea of what home inspectors do and the value they provide.
#2 A Home Inspection Protects Your Investment
For most people, buying a home is the biggest investment they will ever make. Having a home inspection before purchasing is crucial! You don’t want to buy a “money pit”. It took a lot of work to get where you are and you want to make sure you are investing in something that will take care of you as you take care of it.
Most buyers will pay between $200 and $500 for a home inspection. An analysis from Porch.com reveals that price more than pays for itself in the long run. The report even states that a home inspection saves the average buyer around $14,000 on their purchase.
In the report it says, the average list price before an inspection is $226,600. After the inspection, the average closing price goes down to $212,400.
Home inspections are extremely prudent investments, and can save buyers from unforeseen fiscal challenges. Revealing necessary repairs, agents can negotiate thousands off the price their clients might have had to pay.
A professional inspection is very valuable and can definitely help you navigate through one of the biggest investments you will ever make. Don’t take the chance on your investment. Hire a home inspector!