Five Common Misconceptions About Home Inspections

One of the greatest investments most people make in their lifetime is in their home. There are a variety of tools homeowners can utilize to help preserve the longevity of their home, one of which is the home inspection. Despite the value of home inspections, many people choose not to use them when buying or selling a home or as part of a general maintenance program. The following are a few common misconceptions about home inspections with clarifications to help you understand the value behind this tool. Misconception #1 The only time you need a home inspection is when you are purchasing a home. The truth is home inspections can be advantageous for sellers too. Getting a home inspection and correcting any issues prior to putting the home on the market will help ensure the home is in the best condition for potential buyers. It will increase buyer confidence in the home and can result in a faster sale. Fewer renegotiations may be required in the sales process, and the home will sell closer to asking price if the seller has already identified and corrected any problems with the home. Misconception #2 Home inspections are only necessary for older homes. A home inspection is a good idea regardless of the age of the home. New homes can have problems which are often due to issues with the original construction or neglected maintenance. Don’t assume that all components and systems of the home are functioning correctly just because the home is new. New construction is not a quality guarantee. On a national average, there are 30 or more reportable defects...