Dec
04

Houses For Sale – The Importance Of Property Inspections

By emily

There are many things to think about when you look at houses for sale, but many don’t decide to get help when they first enter the home search market. A good real estate agent can help get you access to all the properties for sale on the MLS (which is most of them) and you can often find FSBO (For Sale By Owner) homes available on your own through the newspaper or online.

As an investor, I was never really a fan of real estate agents because I though they got overpaid for what they do. Now, I have a real estate license and am an agent myself. I find that real estate agents are just providing a service and access to information. You can find discount agents (like me) who do this work for an amount that is much closer to the cost of delivering the service and is not as high a profit margin endeavor.

Get An Inspection On All Houses For Sale That You Make An Offer On

After you find your dream house, it’s also important to remember that there may be hidden problems with the property that you don’t notice as you go through looking at where you will place your furniture and which kid will get which room. A good real estate agent will often suggest that a home inspector look every any type of home before a final decision is made. If someone goes about buying a house with the help of an agent, it is a  good idea to find someone who can find the hidden problems that the average person would not think to look for when checking out the house.

Some property owners with houses for sale don’t really want the buyers to see what is really going on if there is a problem. Most homeowners are honest, and if something is wrong they fix it or point it out. However, there is a small percentage that might not do this, and they might be in a huge hurry to get rid of their home for whatever reason. The small percent is what ruins it for everyone else. No matter how wonderful someone with houses for sale might seem, it is essential that someone checks things over anyway.

I just took a class with my real estate broker that a property inspector presented. He told us that some inspectors just take a 1-day class, hang a shingle and start looking at properties. Make sure you find out your inspector’s certification, experience and what ongoing training he’s had before you hire him. Price isn’t the only thing to be worried about.

Things that might be hidden are sometimes small problems, and other times they can be huge. Houses for sale should always be looked over for the presence of mold. This mold can grow in areas that are not apparent to the casual observers, but someone qualified to find it will spot it right away. This is an important step because this mold can be deadly if it is left to grow unchecked and out of control. There are times when this might be something that can be removed, but it might also be something that dooms a house as un-sellable.

Houses for sale should also be looked over for electrical and plumbing problems. There are structural problems that should be avoided, so these should be checked over as well. No matter if you find homes for sale online or in person, they all need the same sort of inspection by someone who knows what to look for and who is hired by the ones looking to buy the house or houses. These people should be independent contractors or work for a company unaffiliated with the sellers or the real estate agent, just to be on the safe side. Most houses will be as advertised, and most owners are honest, but it is too big of an investment to take the chance that they are hiding something.

A Realtor Guides You Through The Whole Process Of Finding, Researching and buying Houses For Sale

As you can see, finding the right house isn’t the only part of the home buying process you need to focus on. Getting a good inspection, property insurance, title insurance and financing are also issues that you’ll need to handle. Fortunately, if you work with an agent, they will be experienced in guiding you through this entire process. If you decide to “go it alone” you can certainly do it (I’ve bought lots of property that way), but it’s a good idea to have an attorney or another experienced person review what you’re doing and make sure you have all your ducks on a row before you sign on the final closing papers.

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