A real estate inspection is a non-invasive physical examination, performed for a fee, designed to identify material defects in the systems, structures, and components of a building as they exist at the time of the inspection.
Before buying or even selling a home, it is highly recommended that you have it thoroughly inspected by a qualified inspector. A trained professional home inspector will inspect every part of the house, and uncover any potential problem from leaky basements to roofs that need repair.
A thorough inspection will also reveal any serious issues with the home or property, such as foundation, plumbing and electrical problems. You will also find out about any potential problems that may arise in the future. It is best if you are there for the inspection, so you can ask any questions and get tips for maintenance and repair. After the inspection has been completed, the inspector will provide you with a detailed inspection report.
If serious problems are found with the home, you may want to negotiate a lower price or walk away from the deal. If you are having your own home inspected prior to sale, this enables you to repair any major problems or avoid overpricing. If your home inspection does not uncover any serious problems, it can help you fetch top dollar for your home. Foregoing the use of an inspector puts you at a major disadvantage, and the small upfront cost can save you many thousands of dollars down the road.