Wednesday, October 12, 2011
Should I Have A Home Inspection On My Charlotte Home Purchase
Having a home inspection on your Charlotte home is probably the most important thing you can have done. There is a misconception I noticed lately with some of my buyers about whether they need to get a home inspection. There is never a reason for not getting a home inspection on your Charlotte home.
The question comes up "but the house is bank owned or the seller is selling the home as-is; so why should I pay for a home inspection?" A lot of times you cannot notice things wrong with a house with the naked eye. Being a Realtor in the Charlotte market; I have looked at thousands of homes with buyers and sellers...And I do notice more now than before; but still miss a lot of things a home inspector notices.
Even if you are purcsahing a home in the condition it is in and the seller will not do repairs; the home inspection is vital to the transaction. I think outside of the mortgage it is the next most important aspect of buying a house in Charlotte.
Generally when you are purchasing a home you notice before you put an offer in if the home needs any cosmetic work and sometimes if it is in need of any repairs by visually seeing damage to the house. But what if there are repairs and work to be done to the house that you have not anticipated when making the offer?
I had the perfect example of a house where from the naked eye it appeared to be in move in ready condition... however; after an extensive home inspection found issues with the house that were basically masked by the cosmetic work done to the house and never addressed the issue with the house...Without the home inspection my buyer could have spent upwards of $30,000 on repairs to the house that they were not anticipating when they put the offer in.
Obviously, being bank owned we knew the bank was probably unaware of the extent of damage to the house; but without an inspection my buyers might have purchased a home that they would not have been able to afford to maintain....
In cases where the homeowner is not the bank; you have the right during the due diligence period to ask for the repairs to be done. if the seller and you cannot agree on the repair request then you have the right to walk away form the house purchase only losing your due diligence money.
A small investment of money can lead give you peace of mind when you get the keys to your new home.....
Dave diCecco
Realtor/Broker
www.davedicecco.com
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