Exp Realty LLC
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

Full Time Realtor® servicing Mecklenburg, Cabarrus, Union, Gaston, Iredell and York counties. I have 10+ years experience in sales and customer service. She received many awards since breaking into the business. One of them that I'm most proud of is the Rising Stars of Real Estate I received shortly after entering the business. 

I'm confident with my work ethic, determination, negotiating skills and overall customer service, I can assist anyone with their real estate needs. First time home buyers and those looking to relocate, look no further. I stay side by side with my clients to assure they not only find exactly what they are looking for, negotiate the best deal possible and educate them along the way. I believe that buying and selling a home for most is one of the biggest purchase you will make in your life. I want my clients to understand the process from start to finish. I also enjoy new construction and investors as well. Need to sell your home in order to purchase another one? Having been through that I know exactly how nerve wrecking that can be. Let my past experiences and expertise guide you through the process smoothly. 

I am a wife and a mother of 2. When I'm not selling Real Estate you can find me out on the soccer fields. Both my children play travel soccer and my husband coaches for Pfeiffer University. I was born and raised in central New Jersey. I later moved to the shore where we purchased our first home and started our family. We made the move to NC in 2015. Since being here we've totally fallen in love with all the things this beautiful state has to offer. I also spend my time volunteering for Cabarrus County Special Olympics, where I'm on the committee. I am also a part of the Cabarrus County Parent Advisory Council, PTA, leader of our neighborhood HOA Social Committee and 

I'm a volunteer for the Mecklenburg County schools as well. A Child's Place is a non profit organization in Charlotte that I also volunteer with. I agree with Audry Hepbrun, when she said; "As you grow older, you will discover that you have two hands - one for helping yourself, the other for helping others."

Licensed in North Carolina & South Carolina