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Newsletters>
MPR Newsletter #3
February 1, 2008
Why get a professional home inspection?
The simple answer to this question is that many homebuyers
who decide to forego a home inspection, usually with the
intention of saving the $200 to $500 that a good inspection
costs, have ended up spending significantly more money
repairing items that any good home inspector would have
found prior to closing.
Home Inspections are designed to disclose defects in the
property that could materially affect its safety,
livability, or resale value. They are not designed to
disclose cosmetic deficiencies (for example, an interior
wall that needs paint touch up). You will need to determine
on your own those type of items that will need attention:
don't expect a whole house inspection to reveal them to
you.
Any offer you make to purchase a property should be
contingent upon (subject to) a whole house inspection that
is deemed satisfactory to you the homebuyer. Do not let
anyone--not the agent, not your family or friends, and
especially not the seller--dissuade you from having the
property thoroughly inspected! Not only will you have
confidence that significant and sometimes costly problems
are not lurking around the corner for you after you have
moved into the house, but a professional home inspection
can give you an escape hatch from a contract on a defective
house. If the contract is written contingent on an
acceptable inspection, any defects in the home must be
either repaired or monetarily compensated for. If you are
not satisfied, you have the option to cancel the contract.
Typically, there will be a time limit in the contract
designating when the inspection must be completed
(typically between 5 and 10 days). The ‘take home’ message
is don't wait until you have made an offer on a house
before you begin the search for a home inspector. Otherwise
you run the risk of not being able to schedule the
inspection with your first choice inspector within the
allowed timeframe.
   
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