When you’re buying a new home in Colorado, you can expect the property to be a hundred years old. Over time, everything decomposes and becomes ruined if no one takes proper care of it. This is why you must be sure that the place is flawless before buying it.
Some people go through it by themselves and inspect the condition. Others, hire professionals and let them do the job. Since they are the pros and have been doing this job for a long time, they will surely do it much better than amateurs.
The reasons why we hire these guys are many. In this article, we’re sharing a couple of them with you to understand why they are doing this job and how Denver homebuyers benefit from home inspections, their work and their duties. Follow up if you want to know more about them and what kind of value they bring into our lives.
1. Lowering the risk when buying a new home
When you’re buying a house that had previous owners for years, you have no idea what you’re inheriting. It may be perfectly preserved, but it may have been a complete ruin before you walked inside for the first time.
People living there before you might have been doing all sorts of things without your consent. You’re now getting a place that looks good, but you will never know if someone ripped a part of the wall and placed something inside and then repainted the entire thing.
It’s the inspector’s job to find out f there’s something that poses a threat to you in the future. They are going to do everything in their power to find out if there is something wrong, and with it, lower the risk when you’re getting it.
2. Understating the real value of the property
Before you buy anything, you want to know the value of the item. When you pay for a shirt, you want to know what the money spent is worth for this particular piece. You will pay $2,000 only if it has something special. You will never pay this price for a regular ordinary shirt.
On top of it, if you see that this shirt has holes in it and was previously worn, then you will certainly not pay a dime. If you spend your money on something, you want it to have the true market value.
It’s the same with homes. You want to know what you’re paying for. You want the house you’re buying to have true value. If they are selling you $250,000 for a 6-bedroom house, you want these rooms to be in perfect conditions, and not with holes in their walls.
This is why you’re hiring the inspector. The inspector will determine if the home you’re purchasing has a real market value. They will go through it, check all the walls, items, features, downsides, and potential flaws, and will come up with the real market value of the place.
For example, if you’re about to spend $250,000 as we said, and the inspector finds out that there pool in the back is not functional, the roof is leaking, and there’s no gas pipe leading inside, they will tell you that you’re being overcharged.
The real price is around $175,000. That’s what you’re going to offer and walk away if you don’t get the true amount. If the seller stands by their price, then they’ll repair all the issues that come with it.
3. Checking all the functions in the house
Just as we mentioned above, the job of the professional home inspector is to go through the house and see if everything’s working properly among other things. That being said, the inspector should check out if pipes are leaking, walls being wet, ripped wires, light bulbs not working, and all kinds of things.
Why is this important? Because all of this means an additional investment of the future owner, and once the paper is being signed, there’s no going back in concluding that something isn’t working and asking for the previous owner to come and fix it.
You must inspect the place before, make the conclusions, and make decisions based on this. If the sellers can fix these things and offer the same price again, then great. If not, they’ll need to lower the price.
Now, this isn’t a big deal if we’re talking about light bulbs. They come at a very affordable price. However, if we’re talking about things that are more expensive then this will make a big deal. You’ll need to additionally invest in it.
4. Make sure there’s not something broken or obsolete
More often than not, the home inspectors find out that there’s a broken toilet seat, or the roof construction is obsolete and needs to be replaced any time soon. This is also something that the new owner will have to do after they buy the house.
Buying a huge mention with a ruined roof deck means spending tens of thousands of dollars on it. This should all be compensated. Some homeowners sell their property without highlighting these issues and are trying to do it as there’s nothing wrong.
The buyers are not experienced and skilled in finding flaws like this, and this is why they call professional home inspectors. They know where to look, how to look best, and they know what can be expected.
In some cases, they find out that even entire walls are missing and the structure in the middle is just a mask for what’s supposed to be a wall between two rooms. Only after you move in, you’ll realize that you can hear the other person loud clear as they talk to someone else in the other room.
5. Learn more about the home from the start
If you take a walk with the inspector, you can learn a lot about the house before you even move in. As they make the inspections you can overview and learn. You’ll find out some of the most important issues and features of the place. Check out what exactly this role means on the link.
6. Saving money
Some might ask how it is possible to save on this when you’re paying the person doing the inspection. The answer is clear – by spending little on them, to protect a huge investment. Buying a house is one of the biggest investments you’ll ever make in life.
Having someone to tell you that everything’s fine and you’re okay with spending all those money on it is more than valuable. If you have no one to check out the place, you might get something that is broken, failed, obsolete, damaged, and is generally not worth the money you’re spending. You’ll spend thousands of dollars on something worth nothing.
These few points are telling you why having a home inspector is so valuable for this kind of investment. Never buy a new home without having one go through the place entirely. They might find out things that will make you change your mind in the last second, but it’s better this way than to regret the decision for the last of your life.