Whether you’re buying or selling a home, the process comes with financial implications. Some of these may seem trivial but in the long run, they’re usually for the better. One common question that buyers and sellers have is whether or not it’s worth spending money for a home inspector.
To answer this question, ask yourself whether a few hundred dollars is worth the headache of buying a home that turns out to needs thousands in repairs or whether or not you could get a higher asking price for your home if you just made the repairs before listing it on the market. But why do you need a hire a professional?
Having to go room-to-room and look through every nook and cranny of it may be a time consuming process. Not to mention, some issues may not be so visible to the untrained eye.
Here are a few reasons why home inspectors are worth the time and the cost:
They Will See Things That A Lot Of People Don’t
You think a crack on the basement floor is no big deal, right? A home inspector sees it a different way. He can see it as a potential entry point for radon to enter the home. And radon is an odorless, colorless, tasteless gas that is proven to be fatal if one is exposed to enough of it.
And due to Colorado’s unique geology, unfortunately, it is a hotbed for radon. A home inspector will spot things that can create even bigger problems, especially for the new homeowner.
It Saves Everybody’s Time
We all know that time is the most important asset that any of us can have. The last thing anyone wants to do is drag the real estate process out any longer than it has to be. As a seller, a pre-listing inspection can greatly decrease the amount of time your home sits on the market.
As a buyer, a pre-purchase inspection can reduce the amount of time it takes to decide whether or not you want to move forward in the sale. For realtors, a home inspection saves time closing the deal!
To save yourself and everyone else involved a collective headache, you should hire a home inspector to look through everything and find out what needs to be repaired.
Lower Your Asking Price – Or Increase Your Selling Price!
Think about it for a moment. If you don’t invest in a home inspector to look through and identify problems throughout your home, you’re leaving a lot of money on the table. For sellers – even if it means making small repairs and replacements. A faulty plumbing system or some minor damage to the home can be detrimental to a home’s overall value.
Who knows…you can sell your home for a little bit more than what you ask for. For buyers – finding issues with the home can leverage your negotiating power.
Finding a home inspector doesn’t have to be a hassle when you’re buying or selling a home. But it’s better to find one so you can make sure the house is in good shape. A thorough home inspection is the best option in more ways than one. It’s better for the value for your home, saves time and headaches for the new homeowners, and saves lives by doing away with potential dangers.