Home inspections: why they are important

On Behalf of | May 1, 2019 | Contract Disputes |

No one who buys a house in North Carolina wants to discover a nasty surprise in the home like a moldy wall, a heater that is faulty, or cracked flooring. Sellers also want to avoid unpleasant surprises, since a buyer who finds problems before a sale might insist on a lower price due to the home’s issues. To prevent a good deal from going down, buyers and sellers alike should consider having the home they want to sell or buy inspected before a purchase is finalized.

Homelight explains that from the seller’s perspective, a house inspection reveals what is wrong with the house before a buyer can come in and discover it. The buyer may end up walking out on the deal or at least demand a lower price for the home. Inspecting the house first not only gives the seller time to fix the problems, but also keeps the seller informed and better able to answer any questions a buyer may have. This can help avoid snags in the sale and move the sale along at a faster pace.

Per FindLaw, from the buyer’s perspective a house inspection reveals problems with the house before the buyer makes the purchase. As long as the problems are discovered before the sale, the buyer can demand that the seller fix the problems. A home inspection can uncover issues such as faucets that leak, bad furnaces, or problems with the home’s air conditioning system. Inspections can be an even greater asset in investigating foreclosed homes. Some foreclosed homes, if boarded up and unoccupied for a long time, present problems like black mold.

Either party, seller or buyer, should be aware that a home inspection is not necessarily comprehensive. For instance, if you want to know if a house has termites, the inspector you hire may not present that information because that inspector does not have a license to check a home for termites. You may need to find licensed specialists that deal with issues like pests, gases, and chemicals in order to get those kinds of inspections for your property.

Even if going through these inspections seems like a hassle, the bottom line is that buyers and sellers benefit from getting as much information about a house or property as possible before a purchase goes through.

RSS Feed

FindLaw Network