Post Purchase Home Inspection
Have a Third Option
Your long search is over, and you have made an offer on your dream home, only to find out that you have competition; there are multiple offers. What’s worse is that the seller will accept the first offer that does not require an inspection. What should you do? In a hot sellers' market such as we are currently in, this situation is not uncommon. You have two choices, either insist on an inspection (the wise choice under normal circumstances) and possibly lose out on your potential dream home or take a chance and buy the house without an inspection. In this article we are offering you a third choice, the Post Purchase Inspection.
Post Sale is Not Too Late
With that in mind, if you decide to go ahead and make the purchase, it is not too late. You can still get an inspection after your purchase and preferably before you move in. Buying a house without an inspection means that you waive certain legal rights, and would have absolutely no protection should you pursue the former owner in court should major problems arise later. It also means that you have no idea what repair and maintenance costs you will be facing once you move in, despite what you were told about the property’s condition by the seller, or the agents involved. To have legal rights when you purchase a property you must have a certified home inspection. The next best thing is a Post Purchase Inspection from Fahlman Home Inspections. Be aware of your legal rights when purchasing your home without an inspection. With that in mind, if you decide to go ahead and make the purchase, it is not too late. You can still get an inspection after your purchase and preferably before you move in.
Know What You Are Buying
A Post-Purchase inspection does not offer the protection that a Pre-Purchase inspection does, but it does identify what repairs are needed and the priorities of making those repairs. Especially in light of any other renovations, you may want to make to the home. Over time minor defects will become significant defects if not attended promptly and correctly. Typical repair costs average 1% per year of the home’s purchase price and as high as 3% in the first year of ownership. With older homes, the costs can increase to 2 to 3% per year.
Don't get caught with unexpected repair bills when you buy your new home. Contact Mose Home Inspection Services to book your home inspection today. Don’t get stuck with unexpected expenses. The Post-Purchase inspection is just as thorough and informative to the new owner as a Pre-Purchase inspection.
BOOK NOW and benefit from a Quality Professional Home Inspection from Fahlman Home Inspection