Buying a home is one of the biggest financial decisions you’ll ever make, and the last thing you want is to move in and find out there are costly problems behind the walls. That’s where a home inspection comes in. A thorough inspection can save you from future headaches, unexpected expenses, and major regrets. To help you navigate this process with confidence, here are some key home inspection tips every buyer should know.
Home Inspection Tips: Schedule the Inspection as Early as Possible
Once you have an accepted offer on a home, don’t delay scheduling your inspection. You’ll want to leave enough time before your due diligence period expires to review the report, get estimates for any repairs, and negotiate with the seller if needed. Home inspectors can book up quickly, especially during peak home-buying seasons, so acting fast ensures you’re not rushed through this critical step.
Attend the Inspection in Person
While it’s not mandatory, being present during the inspection is highly recommended. Seeing issues firsthand is much more helpful than just reading about them in a report. Plus, you’ll have the opportunity to ask questions, get clarification on potential concerns, and learn about basic home maintenance. Your inspector can point out important features like the location of the main water shutoff valve, which is good to know for emergencies.
Focus on Major Issues, Not Cosmetic Flaws
It’s easy to get distracted by minor cosmetic imperfections like chipped paint or outdated fixtures, but those are things you can fix easily. Instead, pay attention to major concerns like foundation issues, roof damage, plumbing leaks, electrical problems, and signs of mold or water damage. These types of problems can be expensive to fix and may require negotiation with the seller before you move forward with the purchase.
Pay Close Attention to the Roof and Foundation
The roof and foundation are two of the most expensive components of a home to repair, so you’ll want to ensure they’re in good shape. Ask your inspector about the age and condition of the roof and whether they see signs of leaks or missing shingles. For the foundation, look out for cracks, uneven floors, or doors that don’t close properly, as these could indicate structural issues that need further evaluation.
Don’t Forget About HVAC, Plumbing, and Electrical Systems
A failing heating or cooling system can be a costly problem, so ask about the condition and age of the HVAC unit. Find out if it’s been regularly maintained and how much life it has left. Similarly, check for plumbing issues like slow drains, low water pressure, or leaks. Electrical problems, such as outdated wiring or overloaded circuits, can be fire hazards, so make sure everything is up to code.
Home Inspection Tips for Your Report
After the inspection, you’ll receive a detailed report outlining the inspector’s findings. Take your time reviewing it, and don’t hesitate to ask your inspector for clarification on anything that’s unclear. The report will help you determine whether you want to move forward with the purchase, negotiate repairs, or, in some cases, walk away from the deal.
Negotiate Repairs or a Credit
If the inspection uncovers major issues, you have options. You can ask the seller to make repairs before closing, negotiate a price reduction, or request a credit to cover future repair costs. Keep in mind that sellers aren’t always required to fix everything, but many are willing to work with buyers to keep the deal moving forward. Your real estate agent can help you navigate these negotiations.
Home Inspection Tips on When to Walk Away
Not every home is worth the investment. If the inspection reveals serious structural issues, expensive repairs, or safety hazards, it may be in your best interest to walk away. While it can be disappointing, backing out of a bad deal is better than committing to a money pit.
By following these tips, you’ll be well-prepared to spot potential red flags, negotiate effectively, and move forward with confidence in your new home purchase.
FAQs About Home Inspections
How long does a home inspection take?
Most home inspections take between two to four hours, depending on the size and condition of the home. Larger or older homes may take longer.
Can I skip the home inspection for a newer home?
Even new-construction homes can have issues, so it’s still a good idea to get an inspection. Sometimes builders make mistakes, and an inspection can catch potential problems before they become costly repairs.
What should I do if the seller refuses to make repairs?
If the seller refuses to fix issues, you can negotiate a lower price or ask for a credit at closing. If the problems are serious and costly, you may need to reconsider whether the home is worth the investment.
TMK Inspections provides inspection services to homebuyers and sellers in Southeast Pennsylvania. Contact us to schedule an appointment.