Ignite FB Tracking PixelWhy You Should Get a Home Inspection as a Buyer or a Seller - Krystal Faticoni
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Why You Should Get a Home Inspection as a Buyer or a Seller

by Krystal Faticoni 03/04/2019

Getting a home inspection is usually built into the purchase contract for most real estate transactions. A home inspection contingency protects the buyer from getting any unwelcome surprises after they buy the home (think water damage or an HVAC system whose days are numbered).

In some cases, home inspections are the defining moment between a sale or moving on to other options.

In today’s post, we’re going to talk about the reasons you might want to get a home inspection whether you’re buying or selling a home.

Home inspections for buyers

There’s a reason most real estate contracts come with an inspection contingency. Expensive, impending repairs on a home can greatly affect how much you’re willing to offer on a home, or if you’re willing to make an offer at all.

Some buyers opt out of an inspection. This can be done for numerous reasons. The most common reason is that the buyer has a personal relationship with the seller and has faith that they are getting the full story when it comes to the state of the house. The other reason is that a buyer is trying to gain a competitive edge over the competition on a home, sweetening the deal by waiving the inspection and paving the way for a quick sale.

Both of these reasons have their flaws. For one, the seller might not even know the full extent of the repairs a home may need and an appraisal might not catch all of the issues with a home.

Another reason a buyer may waive an inspection contingency is because the seller claims to have recently had the home inspected. While this may be true, buyers should still opt to hire their own professional. This way, they can guarantee that the inspection was done by someone who is licensed and has their best interests in mind.

Home inspections for sellers

As we’ve seen, home inspections are typically designed to protect the interest of home buyers. However, sellers also stand to gain from ordering their own home inspection.

If you’re planning on selling within the next six months to a year, it will pay off to know exactly what issues the home currently has or will have in the near future. This will give you the chance to make repairs or address issues that could cause complications with your sale. You don’t want to be on your way to closing on an offer to suddenly realize you need to pay and arrange for a new roof.

So, whether you’re a buyer or seller, home inspections can be immensely beneficial to learn more about your home or the home you’re planning on buying. It will help you be prepared to make repairs if you’re a buyer. Or, if you’re a seller, you can make a plan to negotiate repairs with the seller based on the findings of the inspection.

About the Author

Author
Krystal Faticoni

Krystal commits to servicing her clients throughout the entire transaction and to exceeding expectations. Krystal's professionalism, negotiating skills, and current inventory awareness keep her clients in front of the competition. Working together with her sellers and buyers, Krystal assists them in achieving their real estate goals in a timely manner.  

Selling everything from starter to new construction stately homes. Krystal has been a full time real estate agent serving the counties of Mecklenburg, Union, & Cabarrus counties. In 2016 & 2017 Krystal was a top performer in her office. In 2017 she finished the year selling 4+ million.  

Krystal is committed to keeping herself and her clients up to date and informed. Krystal continually attends training's to remain current with the real estate industry. Krystal is certified as a Relocation Specialist, New Home Construction Specialist, Sales Specialist, EService, Service Expert and also holds an Accredited Buyers Representative (ABR) designation. In 2018 & 2019 she plans to work towards her next designation, the Certified Residential Specialist (CRS).  

Serving actively as a community volunteer, Krystal supports Mecklenburg County Schools where she volunteers on Friday's, distrusting food bags to homeless children. Krystal, also volunteers with A Child's Place.  ACP is a nonprofit in Charlotte that assists homeless families in need.  Krystal is a lunch buddy/math tutor to a student at Hidden Valley Elementary School. 

She has also enjoyed being a member of the PTA and volunteering to be an in-class Math tutor.   One of the other things she enjoys volunteering for is the Cabarrus County Special Olympics. Krystal looks forward to the future where she plans to share her time and expertise with newer agents by serving as a mentor.  

Licensed in North Carolina & South Carolina