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While you’re busy admiring the beautiful exteriors of a potential property, you might be ignorant of the cracked window or wiring issue residing inside it. And, that’s where a home inspection comes into play. It is indeed a perfect way to prevent yourselves from future remorse or falling in the trap of sellers who are willing to extract a huge sum of money for a poor quality property.
However, the process of home inspection has been subject to various misconceptions lately. It’s time you get your facts straight and separate facts from fiction right away. Don’t stress as we have recorded the same for you. We hope these will open your eyes and make you believe what is right.
Myth 1. Home inspection and home appraisal are indifferent
It’s easy to see why buyers and sellers often get muddled up in the concept of home inspection and home appraisal. Both involve experts visiting the home, analyzing it: hence, it’s normal to think of them as inspections. However, both are poles apart, and the main difference lies in the nature of it. While a home inspection in New Hampshire highlights the condition of the property and its components in detail, a home appraisal, on the other hand, helps determine the property’s value on behalf of the lending institution.
Myth 2. Which home inspector to hire isn’t a big deal
Just because a home inspector is licensed doesn’t mean he/she is qualified. It is likely that he might have met the minimum requirements for obtaining the license. That being said, you must look out for a competent professional. For this, do your homework by getting referrals from professional associations, agents, and other home-owners. Further, you must read their reviews on the internet.
Myth 3. Newly constructed homes don’t need to be inspected
Buyers often have this notion in their minds that a newly built home doesn’t require a home inspection and regret it later. Although it would seem that brand new homes should be relatively error-free, they often have underlying issues as per various home inspections carried out. In fact, incomplete projects like insufficient insulation, half-installed handrails, or missing pieces of hardware are a common scenario. In addition, there also have been instances related to poor drainage systems, window leaks, electrical problems, to mention a few. Hence, a property, whether old or recently flipped, is eligible for a home inspection, and you must bear this in your mind.
Myth 4. There’s no need of buyers to come for a home inspection
Whether or not a buyer is versed with construction or technology, it is always a good idea to accompany the inspector on the day of inspection. You get the opportunity to hear explanations, if any, from the inspector directly and also have the opportunity to solve your follow-up questions. In addition, the inspector might share some valuable tips as you converse.
Myth 5. An inspector will shed light on every single thing wrong with the property
If you believe that the inspector will uncover every nook and cranny of the property and will share details of the same, you are highly mistaken! To be practical, they cannot rip apart things or check inside walls for your convenience. They do, however, have handy tools like electrical testers, infrared cameras, and moisture meters in combination with well-trained eyes to detect zones that might be overlooked by buyers. Still, it is possible that the inspector might miss out on a few undetectable issues, and you need to make peace with it.
I hope these points were helpful enough for you to segregate the facts from fiction and clear all underlying misconceptions about home inspection. So, what are you waiting for? Search the web for the best home inspection companies today, read their reviews, shortlist a few of them, and before you choose a company, make sure they services include radon testing in NH.
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