When you decide that you’re ready to invest in a new home, it can be exciting. You’re likely already looking through potential homes and talking with your realtor. While it may seem like skipping a home inspection isn’t a big deal if it gets you into your new home sooner, we encourage you to think again.
1- Be Alerted of Structural Issues
Homes are costly. With most people spending around 30 years to pay for their homes, it isn’t a big surprise that you want to do everything possible to ensure you’re putting your hard-earned money into a stable investment. A home inspection is a great way to discover if there are any structural issues with the home before you spend your money on it. Structural issues tend to be expensive to deal with and not something you want to find later on down the road, as you’ll be stuck paying for them out of pocket.
2- Leverage
When you have a home inspection done, they’ll provide you with a genuine report. When problems with the home are reported, you can have your realtor take these problems to the seller to get remedied. Whether they reduce the price to pay for your service or agree to pay for the necessary repairs before you move in, having that leverage is key.
3- Price the Home Accurately
It’s very easy to get caught up in the aesthetics of a home and not pay attention to its interior components. This can have you agreeing to a high purchase price without even realizing what you’re getting into. A professional home inspection is an important tool that you can use to determine what an actual fair value would be for the property so you’re not overspending.
4- Set Realistic Expectations About Upgrading
It’s very common for homebuyers to purchase an existing home with the intent of upgrading it in the future. A home inspection is a great way to learn about all the issues that the home may have so that you can accurately set your expectations for future upgrades. From planning out your financial budget to knowing your repair timeline, a home inspection is an absolute necessity.
5- Peace of Mind
Unless you’re a home builder or inspector, it’s likely that you don’t have a wide variety of knowledge about every component of your home. Having a home inspector look over a potential home is a great way to help provide you with peace of mind about your new investment. You’ll know that your new home will be worth the money, and you won’t have to deal with any major repairs in the near future.
It’s very easy to want to rush the buying process when you finally find a home that you love. However, skipping a home inspection is never something you want to do. Remember that you’re going to be spending a lot of money on your new investment, so you should do everything possible to ensure that it’s the right option to meet your needs and financial budget.
Brooks Reynolds 
Sarah Ross 
Staff Account