If you are reading this article and thinking that you have already purchased a home without getting an inspection and made out find, you got lucky. A good and reputable real estate agent will always encourage you to have a home inspection before going through with any purchase, no matter how old the house is. As a buyer you are not required to notice everything about a home before deciding it is the right home for you, this is where a licensed home inspector can be a real asset. Sellers have the ability to conceal imperfections and even major problems from a buyer but they certainly can't hide them from a professional.
So, the question now is how do you find a licensed home inspector? Generally, your realtor will be able to guide you towards the most experience inspector in your area. Real estate agents often recommend and work with the same inspectors and begin to develop and trusting relationship with them so their recommendations should be considered with high regard. If you find your realtor is discouraging you from having an inspection done you need to first start looking for a new realtor. They are more interested in making a sale than making sure you get the home of your dreams.
Thousands of people choose to save money and forego the home inspection because it can cost anywhere from $200-$1000 depending on the square footage of the property in question. This is one of the biggest mistakes buyers can make. You may be saving an initial $500 dollars but if you later find a cracked foundation or leaking pipes you could be spending thousands in repairs that maybe you can't afford.
Now, if your home inspection finds unexpected problems and repairs that were either not known by the seller or the seller chose not to share this information there are several avenues you as the potential buyer can take. First, if the repairs are small you can put a condition in your purchase agreement that in order for you to buy this home the seller must repair them before a certain date. Generally, the seller will agree to these terms depending on the price of the repairs of course. Your second option is to accept these repairs exist and take care of them once you become the owner. Thirdly of course if the repairs are too extensive you simply have to walk away. This can be hard for some people when they think about the money "wasted" on a home inspection when in fact this inspection saved you a great deal of money and frustration.
Generally it will take a few inspections before you find a home you can afford to work with. Every home, including newer homes have problems that need to be attended to and this is something the buyer must realize and come to accept. Over time you will become to really depend on your inspector and trust their opinion in terms of how severe a problem is and whether it can be easily fixed. Take their advice seriously because it is their job to know and to help save you time and money.
For professional Calgary real estate services and listings, visit CarlosMontes.com - the site is clean and informative, with details about Calgary Real Estate including Okotoks Real Estate.
Source: http://www.ideamarketers.com/?articleid=3025174
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