subject: Uncover Problems With A Home Inspection [print this page] An important part of purchasing a home is to find the true condition of the property by performing a pre-sale inspection. This is so important that most lending companies require their clients to perform this inspection as part of their due diligence in evaluating the property and understanding the home they are underwriting.
In situations when a home inspection is not a requirement, a homeowner should not give into the temptation to save a little money by bypassing the inspection. Homes can easily have problems that will eventually surprise the homeowner with the need to spend thousands of dollars in unanticipated repairs. For this reason, it is generally an excellent idea to always contact a reputable home inspection company before purchasing a home.
Because home inspection is so important, the regional offices of lending agencies maintain a list of capable and honest home insurance companies that they use to perform the home inspections of their clients. This is an excellent source of information for those who are ordering their own inspections, to find those companies that have expertise and are adept at uncovering problems.
Professional home inspection companies have a lot of experience with finding potential problems that can be difficult to find for the average homeowner. They know the problem areas in a home, and have years of practice in identifying the tell-tale clues that lead to a weakness in a housing structure. Because the offices of a home inspection company are usually regional, these offices are particularly well-versed in the symptoms of those problems that are peculiar to their areas.
For instance, those companies with offices on the east and west coasts understand the potential problems caused by persistent exposure to moisture and salt. Home inspection companies in the western United States are well-versed to check for existing earthquake damage. Inspection agencies will be aware of areas in their region with poor drainage, poor soil foundation, and flood plains. When a home inspection company identifies problems related to these conditions, the associated repairs can outstrip the fees to hire these companies by a huge factor.
Using a home inspection service is important in order to assess the true value of a home. Most potential homeowners understand that the worth of a property is generally based on the value of the home as well as the worth of the land on which the home is built. However, a potential problem in the home could lead to thousands of dollars of repair. To understand the true value of a home, the worth of the house and land should be offset with the cost of the necessary repairs. This will help homeowners as they negotiate the final selling price of the property they hope to purchase.