Should You Waive A Home Inspection?
In today’s competitive market we understand how difficult it can be to stand out amongst multiple other offers on the table. However, as your local Ventura County Real Estate Team, we highly advise against waiting your right to a home inspection. This can be appealing to certain sellers as they do not have to worry about lowering the sale price or making costly repairs, but it is not worth the risk to you as the buyer.
Many home inspections uncover costly repairs that the buyer would otherwise not be aware of. Often times homeowners themselves are unaware of these common issues such as loose roof tiles that could cause future leaks. This is why a home inspection is so important as the homeowner is not necessarily hiding anything, they simply may not be aware of the potential problem. More often than not the repairs that an inspector uncovers are much more costly than the inspection itself. Common issues found during a home inspection include:
• Roof Problems – leading to future leaks or potentially a new roof
• Draining Issues – general plumbing issues are common
• Foundation Cracks – foundation repairs can be quite costly
• Pests – termites are common and can easily be spotted during an inspection
• Mold – for your health you should address any mold concerns ASAP
• Heating & Cooling Issues – you want to make sure you can financially withstand any heating and cooling repairs
You will want to take into consideration whether or not you have the reserve funds
available should these things fail. Since the market is so competitive you may not be able to request many repairs from the seller. However, the home inspection will allow you to make an informed decision about what you are getting yourself into.
If you are looking for the best Ventura County Real Estate Team we would be happy to help. We understand navigating this competitive market can be disheartening, but our experienced team knows the best way to make your offer stand out without eliminating a valuable home inspection. We want to make sure we always put your best interest first.
