To most people, purchasing a home is not only a cherished dream, but also one of the largest, most important financial decisions they will make. The best financial decision you can make is to protect your investment with a professional home inspection by an ASHI certified inspector.
Insight understands the huge financial commitment of building or buying a home. Our service is used by first-time buyers as well as sophisticated investors to protect their interests. An Insight home inspection can provide an impartial analysis of the structural and mechanical systems. Our prompt and efficient service insures that you will know the facts about your home.
Your inspector is certified by The American Society of Home Inspectors and is a Licensed Builder, and can assist you in evaluating the condition of the home you are considering. We will introduce you to the home in a manner you have probably never seen. The majority of our clients share one observation in our inspections: thoroughness!
At Insight Residential Inspections, we speak house!
Insight Residential Inspections LLC has been a pioneering leader in Home Inspections and Environmental procedures and techniques since 1986. At Insight we strive for the most expertise in the business.
Call Today: 586-232-4231
Our Home Inspection Service Area:
Shelby Township, Romeo, Sterling Heights, Troy, Royal Oak, Warren, St. Clair Shores, Washington Township, Madison Heights, Oakland Township, Macomb County, Oakland County, Lapeer County, St. Clair County.
Shelby Twp MI Home Inspector – Insight Residential Inspections LLC
If you are in need of a top rated Shelby Twp MI home inspector, please contact Insight Residential Inspections LLC at (586) 232-4231 to schedule your inspection. You may also click here to learn more about our inspection process.
When buying a home, you have the right to complete many different types of inspections of the potential home you’re purchasing. A home inspection is actually one of the most common contract contingencies from home buyer’s. Whether you have purchased five homes or you’re going to buying your first home, a home inspection in almost every case, is highly recommended.
Why is the home inspection contingency one of the most commonly seen and also highly recommended? There are actually many reasons why the home inspection contingency is one of the most commonly seen contingencies in purchase and sale contracts in real estate and also why having a home inspection is highly recommended.
So, what are the reasons why you should have a home inspection when buying a home? Here are many of the top reasons to have a home inspection when buying a home.
Peace Of Mind
A home is one of the largest purchases and investments that is purchased in anyone’s lifetime. The costs associated with buying a home are not cheap by any stretch of the imagination. One of the most important reasons to have a home inspection when buying a home is the peace of mind that it can provide.
The primary purpose of a home inspection is to make sure the home is for the most part a very solid and safe home. By waiving the opportunity to have a home inspection, you may actually be creating additional and unnecessary anxiety and stress. By performing a home inspection, you will have the added peace of mind that you’re purchasing a very solid and safe home.
Another reason to have a home inspection when buying a home is that it doesn’t cost a lot of money. Most home inspections will range between $300-$600 depending on the size of the home. Since buying a home is such a large investment, the small amount of money it costs for a home inspection should help make the decision easy to have an inspection, even if you feel extremely comfortable with the home you’re purchasing.
Buyer’s who decide to waive their right to having a home inspection often regret in the future about not spending the few hundred dollars it costs to hire a home inspector. The most common circumstance when a buyer waives the right to having a home inspection is when there are multiple offers on a home. If there is a multiple offer situation where the two offers are fairly similar and one of the offers is not contingent on having a home inspection, a seller is likely to select the offer with no home inspection contingency.
Uncover Safety Issues
The home inspection is the opportunity to thoroughly investigate the home you’re potentially going to be purchasing. It’s important to understand that a quality home inspector will find some issues with every home, even a newly built home. Some of the issues that are found may not be a big deal while some maybe serious safety issues.
Some issues that are discovered during a home inspection are actually quite common. Issues such as improper electrical wiring, worn roofing, inoperable windows, and plumbing deficiencies are just a few of the most commonly found home inspection issues. The purpose of a home inspection is not to make sure that every last thing in a home is perfect to your liking, however, it’s important that the home inspection determines the home has no glaring safety issues.
Reveal Possible Pest & Insect Problems
Pest and insect infestation can destroy a home. Depending on your location, the likelihood of having a pest or insect problem will vary. There are many different types of pests and insects that can create problems in a home. Wood-boring pests and insects, such as termites, can be a huge problem if not discovered. Termites cause approximately five billion dollars in damage to properties yearly. Other common wood destroying pests include carpenter ants and powder post beetles.
Some home inspections will include a pest and insect inspection and others will not. Be sure to ask your real estate agent whether or not they have any home inspectors or pest inspection companies who can make sure the home you’re purchasing does not have any pest or insect problems.
Find Structural Issues
One of the top reasons to have a home inspection when buying a home is to determine if there are any structural issues with the home. The structure of a home is one of the most important components to a home. Structural issues can costs thousands of dollars to correct if discovered and by performing a home inspection, you can avoid having such a large expense in the future.
When choosing a home inspector, know that some home inspectors are professional engineers (PE’s) and some are not. A home inspector who is a professional engineer should be able to determine whether a home has structural issues or not. Other things to be aware of while looking a homes that could be potential structural issues include significant cracks in ceilings and walls, cracking in the foundation walls, and out of level door frames.
Forecast Potential Future Expenses
Since buying a home can be a significant investment and can deplete a buyer’s bank account, it’s important to know what to expect in the future when it comes to expenses. It’s important to understand that there are no guarantees when it comes to the unexpected expenses of owning a home. While unlikely, it’s possible that a new hot water tank can be defective and need replacement shortly after closing.
Another important reason to have a home inspection when buying a home is it can help predict the future expenses. If a home inspector indicates the roof or furnace is nearing the end of it’s life expectancy, it’s important you begin to budget for a new roof or furnace. The home inspection is a great tool to help you create a future plan for expenses.
Home inspections can help determine where expenses for replacement or upgrades may arise in the future for many components, including:
- Air Conditioning
- Heating Systems
There are programs available at local, state, and national levels that provide grant money and tax incentives for replacement for many of the above components in a home. Ask your Realtor about potential programs in your local area and state.
First and foremost, the purpose of the home inspection contingency is not to get a better price on a home because of minor issues found during the home inspection. Buyer’s who use the home inspection as a time to renegotiate with a seller even though an issue was seen before making an offer is one of the biggest things a buyer can do that real estate agents hate (and sellers).
If there are some major problems that are discovered during the inspection however, it maybe appropriate to renegotiate the terms of the original accepted offer. Depending on the type of financing and terms of the original contract, deficiencies from the home inspection can be used as a reason for a reduction in the price or a concession from the seller towards closing costs.
Negotiate Seller Repairs
The only person who can determine what home inspection findings that need to be corrected before moving forward, is the buyer. Some buyer’s are scared away from a home relatively easily and others are not alarmed by even significant inspection findings.
After the home inspection is completed, you will have the opportunity to request repairs of the home owner. The home owner will have the opportunity to agree to the repairs or disagree to the repairs. Without a home inspection, you will not have the opportunity to request repairs from a seller. This is another very important reason why having a home inspection when buying a home is strongly recommended.
Provides An “Out”
One of the biggest challenges that is faced during a real estate transaction is the home inspection phase. Many transactions will not be able to move forward after a home inspection for various reasons. The biggest reason a transaction doesn’t move forward is because a buyer and seller cannot agree on the repairs requested or the renegotiation’s from the inspection.
There are some circumstances where a buyer does not feel comfortable with the findings from the home inspection and will not proceed with the transaction, no matter what concessions and repairs are offered from a seller. The home inspection, in most cases, provides an “out” for a buyer if they are not comfortable, which is another reason for having a home inspection when buying a home. While it is rare that a buyer gets “cold feet” after an inspection, it does happen.
For an experienced and trusted Shelby Twp MI Home Inspector, call Insight Residential Inspections LLC at (586) 232-4231 to setup a residential inspection service.
Romeo MI Home Inspector – Insight Residential Inspections (586) 232-4231
If you are in need of a top rated Romeo MI Home Inspector, please contact Insight Residential Inspections at (586) 232-4231 to schedule a home inspection. Click here to learn more about us. Click here to see our ASHI Certification.
A home inspection is not a deal-breaker. It just gives you the correct information you need about the property.
When we talk about a real estate transaction, there are many questions that arise from both buyers and sellers. Some do not know what happens after closing while others think a home inspection is the best option. Both are true actually but the latter is one of the wisest decisions any buyer and seller could make. This is also one of the reasons why a Seller’s Inspection (Pre-listing Inspection) is very popular because more than 85 percent of homebuyers also request an inspection, according to the U.S. General Accounting Office.
A home inspection is a non-invasive, visual examination where the licensed home inspector takes a look at the major components of the home. This includes the foundation, crawlspace, basement, electrical systems, plumbing systems, HVAC, roofing, attic, walls, interiors and exteriors of the home. A home inspection performed by a licensed home inspector is highly beneficial to both buyers and sellers.
Now, let’s take of the advantages of a home inspection.
To the Buyers
Although a walkthrough can give buyers a basic idea of what the property they are looking at can offer, it may not give enough information and details. Perhaps, a roof damage or termite infestation present but not immediately visible through the untrained eye. This problem could cost the buyer thousands of dollars for repairs. With a home inspection, the professional home inspector does not just walk around but ensures that the homebuyer is not left with unpleasant surprises so they know what they’re actually getting.
There is more transparency in a home inspection and the home inspector fully understands that home purchase is a huge financial investment. A home inspection also provides the buyer leverage in terms of negotiations. If there are known issues that can cost extra for repair, buyers are out in a better position to obtain the property at a fair price.
To the Sellers
A home inspection performed ahead of time is extremely helpful for the seller. It not just hastens the sale process but helps get the property sold with minimal setbacks. If the home inspector finds something, the seller still has enough time to fix the issue before listing the property on the market and before anybody comes touring around.
When the seller has full knowledge of the property, he/she can provide tangible proof with the help of an inspection report. This helps increase the seller’s confidence in the property and offer better-negotiating leverage. From a legal standpoint, a home inspection is very important for the seller since a full disclosure will be made. This also protects the seller from the threat of legal action from an unsatisfied buyer since the buyer cannot file a lawsuit because of the full disclosure. There’s a peace of mind for the seller once the transaction is complete.
Looking at the above-mentioned advantages, one could easily see why a home inspection is highly significant. It’s a win-win for both parties and increases the likelihood of both buyer and seller striking a fair deal.
For an experienced and trusted Romeo MI Home Inspector, call Insight Residential Inspections at (586) 232-4231 today!
Home Inspections in Shelby Township Michigan , Macomb County, Oakland County, Lapeer County, and St. Clair County Michigan by Insight Residential Home Inspection LLC.
Celebrating Over 35 Years of Experience with Over 16,000 Inspections Performed Insight Residential Inspections LLC has been a pioneering leader in Home Inspections and Environmental procedures and techniques since 1986. At Insight we strive for the most expertise in the business.
Should a Home Inspection be Done? To most people in Michigan, purchasing a home is not only a cherished dream, but also one of the most important financial decisions they will make. The best financial decision you can make is to protect your investment with a professional home inspection, performed by an ASHI certified home inspector.
Your home is one of your largest investments Insight Residential Inspections understands the huge financial commitment of building or buying a home. Our service is used by first-time buyers as well as sophisticated investors to protect their interest. Now Insight can provide an impartial analysis of the structural and mechanical systems. Our prompt and efficient service ensures that you will know the facts from the knowledge we provide.
Lenders, Insurance Companies and Investors May Require an Inspection Insight clients include investors, lenders and insurance companies who realize the importance of being fully informed before making a loan or investment decision.
Your Insight home inspection includes a thorough checklist covering the following:
- Foundations (Structurally Sound)
- Floors, Walls & Ceilings (Structurally Sound)
- Central Heating & Cooling Systems
- Electrical Systems
- Interior Plumbing & Drain Systems
- Attic Insulation
- Attic Ventilation
- Kitchen & Bath Ventilation
- Windows & Doors
- Finished Floors, Walls & Ceilings
- Sump Pumps
- Water Heaters
- Fireplaces & Woodburners
- Harmful Gases from Furnace
- Harmful Gases from Water Heater
- Smoke Alarms & CO Detectors
- Built-in Appliances
Of these 22 areas there are over 500 checks made in a full inspection. A detailed agreement is provided at the inspection. Included free – a $75.00 value! The “Insight Inspection Report Reference Book” custom written for Michigan construction. Free CO gas test of the furnace and water heater. We have found that most purchase agreements include a five day time period for completing a home inspection. To help us meet your deadline, please contact us immediately to schedule an inspection appointment. We would hate for you to miss an opportunity due to avoidable delays. Call Insight today to schedule an appointment: 586-232-4231