Before buying a home borrowers should have the home inspected for current or potential problems that might occur. These inspections should be done by somene knowledgeable or by a professional. Purchase contracts often have contingencies based on the home passing inspections. So, what type of inspections are common before purchasing a home?

It is important to understand that an appraisal inspection is not the same as a home inspection. A home inspection is much more detailed inspection of the homes overall condition.

Don't confuse a home inspection with a home warranty. If a problem is detected in the inspection and you don't make arrangements with the seller before the closing, you will be responsible for making whatever repairs are necessary.

Many homeowners elect not to have an inspection performed on newer homes. Newer homes tend to have fewer problems or potential problems than older homes. However, some people will even have brand new homes inspected, just for the peace of mind in knowing that there home is in sound condition.

While having a home inspected can help identify any potential problems, it does not guarantee that the home will be in perfect condition. It is simply used to identify any major problems. If you are looking for additional protection, then you may want to look into adding a home warranty as well.

 

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