Are you going to buy a home in Barrie? If yes, have you completed the home inspection process? If not, this post is for you. We understand that the home-buying process can be very exhaustive.
Sometimes, it gets more complicated when homes you are eyeing are going under contract the same day they are listed. In such cases, it becomes nearly impossible to visit the property in person and become confident about your decision. At times like these, you might think about waiving the home inspection process. In fact, many homebuyers do this in the frenzy real estate market.
Not considering home inspection is like putting the money that you have earned with so much hardship into gambling. No matter how tight the deadline is and how much a home seller or real estate agent praises a home for sale, you should never ever skip this process.
When the real estate market of a place is hot, it is likely to find most home inspectors already booked. So, when you are on the journey of home hunting during the peak season, make sure that you get in touch with a Home Inspector in Barrie in advance.
Is it a bad idea to waiver home inspection?
Before deciding if it is good or bad to waiver home inspection, you should understand what exactly home inspection means and involves. The home inspection process is an onsite, in-person examination of the current conditions and structure of a home. A home inspection is not a test that passes or fails a home. It doesn’t evaluate if a home meets zoning or building codes.
It includes a visual inspection of major elements and systems, such as:
- electrical and plumbing systems (where visible)
- attic ventilation
- exterior walls
- doors and windows
- heating and air conditioning systems
- ceilings, walls, and floors
- drainage systems
- the structural integrity of the home
- common areas if you are buying a condo
Once the inspection is completed, Home Inspectors prepare a report that provides detailed information about the condition and structural integrity of a home. You will easily know if some parts or areas of a home are safe, need to be repaired immediately, or may need replacement in the near future. Plus, you will also learn the evidence of any past problems.
As soon as you get the report and come to know about any problems, you can ask the seller to rectify or adjust the price. Or, you can even refuse to make the deal if problems are major and expensive and the seller is not ready to make improvements.
In short, a home inspection saves you from spending a sizeable amount on a home that is not worth it. Though it can be tempting to skip home inspection in a hot real estate market, waiving a home inspection may come with substantial risks.
Without a Home Inspection, you will remain unaware of costly repairs and potential hazards that will compromise the health as well as safety of yours and your loved ones. Besides, your financial interest is also not protected which is utmost necessary when you are making possibly the largest purchase of your life.