Home Inspections - Why You MUST Hire a Pro
I can tell you first-hand the importance of a home inspection. Several years ago, I purchased a home from another investor. That person bought the home as a HUD foreclosure, did a lot of remodeling and then sold as a FSBO. I found the home, purchased it and did my own inspection. After all, as an investor, I knew a lot about houses and wanted to save a little money.
Well, several years went by and I had to have the electrical meter replaced. When the city inspector came to take a look, he wanted to see the entire house (oh heck, not good). When he did, he noticed that the electrical panel was incorrectly installed in a bathroom, that was also unsafe. Thinking about it, I completely understand how that was a problem and I was lucky nothing happened while I was renting to tenants.
Of course, I had (and wanted) to fix that problem. How much was the repair you ask? Well, it was enough into the thousands that I learned not to skip a few hundred dollar inspection when purchasing a home.
My example might be extreme, but any previous owner of a home could've had improvements that weren't to code. Even if a previous owner hired a contractor, the work might have needed a permit that was skipped. If you buy a home and decide not to have a professional inspection, you risk having a problem while you live there or a home inspector finding issues when you sell. Further, there are the safety issues and it's just not worth the risk to save a little money.
So in summary, always, always, always, hire a professional home inspector, and hire one of the best! Ask your Realtor for a few references. Quite frankly, I even recommend a professional home inspection for new construction. If you want to know more, I'd be happy to answer your questions and/or recommend a few inspectors. Call, text or send me an email.
Happy house hunting. It's awesome when done correctly.