Home Inspection Video Many buyers are trying to decide how to cut corners to save money here or there during the home buying process. Why? Because the settlement costs in Maryland are just too high and buyers don’t have all the cash needed for transactions. So how important is a home inspection? The appraisal will be done, is that enough?
I say NO. There are many items that are covered in a home inspection. A home inspection lasts a couple hours, an appraiser is at a house for 10-30 minutes. The appraiser is doing measurements, drawing a floorplan, not checking all the systems and making sure they are operational. I am including a link to watch a video on the home inspection and what is covered during a typical inspection. This inspection can uncover many issues that may help you renegotiate the contract, or let you know to get out of the deal before you spend your money on a MoneyPit. If you are trying to cut corners, don’t forego the home inspection!!
If you have any experiences, good or bad with home inspections, please share them. Did you do a home inspection and find that the house was going to cost too much in repairs, that you got out of the contract? Please let me know!