Buying your first home? Here’s what you can expect with your first home inspection.
HERE’S WHAT TO DO ON YOUR FIRST HOME INSPECTION
Buying your first home is an exciting, overwhelming time. The prospect of becoming homeowners is a little scary and there’s a lot of confusing paperwork and things to do you’ve never done before. One such thing is the home inspection. This event can be intimidating, but it’s a good thing because it lets you know if the home you’re buying has any major issues that could cost you thousands to fix.
As helpful as it is, the home inspection is often a dreaded part of the homebuying process, so below, I’ve put together a little list of things you can expect with your first home inspection.
The easiest way to find a good home inspector is by referral. If you know a family member or a friend who has recently bought or sold a house, ask them for recommendations. If no one has any, do your own research online to find a reputable inspector. Also, you can ask your state housing authority for a list of certified home inspectors in your area.
Once you’ve found an inspector, be sure to get answers to all your questions. For starters, ask how much the inspection costs and what it covers. If you need to, ask about payment options, too. Inquire about scheduling, as sooner is always better when buying a house, and find out how long it will take to get the report back once the inspection has taken place.
Finally, be sure the inspector is certified and ask for references.
YOUR DEAL BREAKERS
Before the inspection, decide how much you’re willing to spend on repairs and be prepared to make tough decisions should the inspection turn up any major repairs that will put you over-budget. It’s important to stick to your guns at this point because it could be that the home just has too many problems that will cost you too much money to fix.
Ultimately, you should be in the home when the inspection is taking place, but you should stay out of the inspector’s way as he goes about doing his job. He will give you a rundown of his findings at the time of the inspection, but you’ll receive a detailed report shortly thereafter.
Buying your first home is exciting, but it can also be confusing and intimidating. The home inspection is one such intimidating situation, so hopefully, the information above helps put your mind at ease if you’re going through your first home inspection.