Buying a home without having it inspected is one of the biggest mistakes a homebuyer can make—and it happens more often than you think. There are two main reasons why a buyer may skip past home inspections, and neither of them are beneficial in the long run.
- Scenario 1: The seller is adamant about not paying for a home inspection, and the buyer wants the home, but doesn’t want to foot the bill.
- Scenario 2: The seller has a few offers on their home, and the buyer tries to sweeten the dealby skipping the inspection.
More often than not, the buyer will take a quick look at the house and assume it’s in good condition. After all, if there aren’t any holes in the roof or noticeable water damage on the ceiling and walls, the house is fine—right?
Just because a home looks good on the surface doesn’t mean that it’s not hiding various problems. Moreover, the average homebuyer isn’t trained to spot things like:
- A leaky HVAC system
- Asbestos or lead paint
- A termite infestation
And while paying for a home inspection isn’t cheap, usually ranging anywhere between $300 and $480, any one of these hidden problems could snowball into a $20,000 catastrophe if left unchecked.
Go for a Pre-Sale Inspection
If you think you’ve found your dream home, schedule an inspection before making an offer or signing a contract. If the home is riddled with potentially serious underlying issues, you’re only out a couple hundred dollars—not the thousands you would spend if you bought the home without having it inspected.
In some cases, the seller will order a home inspection before they put their house on the market. While this is helpful for giving potential buyers a better idea of the home’s condition, you’re still recommended to order an inspection of your own before purchasing the home. There’s always the likelihood that the inspector missed something or made a mistake, or that the seller corrected the mistakes in a way that you don’t agree with.
Also, if the inspector you hired leaves out an important defect on the report, you’ve got a better chance of receiving compensationfor their mistake.
Buying your dream home is an exciting experience. But don’t let that excitement cloud your judgement so that you rush into buying a home without doing your due diligence. Even if hiring an inspector sets you back a few days, you don’t want to take the risk of your dream home turning into a money pit because of hidden defects.
If you’re looking for a house in Florida’s hottest markets, the Edge Group at Keller Williamscan help you find the home right for you. Contact one of our friendly agents in Tampa, Orlando, Ft. Lauderdale, or Jacksonville today to schedule a viewing.