Inspect Before You Invest! 3 Things Pre-Purchase Inspections Reveal to a Homebuyer

Buying a house can feel good since it means you won't have to pay rent anymore. Although the house may look good from the outside, don't assume it's the same inside. You should have the house inspected before you occupy it. Although you would spend some money and time on a pre-purchase inspection, you would avoid unnecessary headaches, stress and loss in the future. What do pre-purchase inspections help homebuyers to know? Keep reading.

Quality of the Wiring Done

A house with high-voltage electricity is worth buying, but it could also be a regrettable investment if the wiring is faulty since it could cause serious injuries, fires or even death. Faulty wiring or electrical systems don't just occur in older houses but in new ones also. The wiring components in the house may look new, but they could be defective in some ways. Some homebuyers discover some major wiring problems after they have bought and occupied a house, which isn't good.

The Building's Safety

If you don't inspect the house before you occupy it, you may expose yourself and your family to problems you could have avoided. If the building is old, it's likely to be damaged and unsafe for you. Although most houses experience normal wear and tear, some of them become a health hazard or fire trap when neglected.

A professional pre-purchase inspector finds out if the building materials used are approved and safe or toxic in any way. If the house is unsafe in some ways, the inspector will calculate the amount of money you need to make it safe. Health hazards like mould and droppings, asbestos, formaldehyde, rotting wood and leaking pipes are signs of an unsafe house.

Neglected Repairs

No buyer wants to spend more money on repairs just a week after paying its asking price. Repair surprises are common for homebuyers who don't get their home inspected before they occupy it. If a pre-purchase inspection reveals some neglected repairs, you have a chance to negotiate and lower the buying price or ask the seller to fix the repairs before you transfer the money to the seller's account. Professional pre-purchase inspections could also reveal if termites, snakes, spiders and ants have infested the house.

If you didn't see the need to pay for a pre-purchase inspection, now you know how beneficial they can be. What you may consider minor problems when buying a house may eat deep into your pocket in the future. Although excitement may make you overlook some things when buying a home, pre-purchase inspections shouldn't be among them. The inspector's findings could affect the decision you make in a big way.