Some home buyers are tempted to waive an inspection so they can get an edge on the competition, especially if they're in a hot sellers’ market where there are more buyers than listings and homes are getting multiple offers. But no matter how flawless a home looks, it could secretly have a laundry list of issues that could go unnoticed by an untrained eye. The same goes even with a newly constructed home.
A home inspection is critical because it tells you the condition of the home and its issues. It can uncover potentially hazardous items on the property that can compromise your family’s health and safety. The last thing you’d want is to buy your dream or first home, only to deal with costly problems down the road, such as termites and other pests, structural issues, or even mold infestation. When these major defects are noted in the inspection report, you’ll have the opportunity to walk away from a potential nightmare. And even if the home doesn’t have any major defects, you can still use the inspection report to negotiate price for repairs on any items or concerns listed.
Likewise, don’t skimp on additional inspections that might be needed for your specific property, including mold, radon, lead testing, sewer, or septic system inspection, among others.