Hi Everyone, Welcome Back to the Blog. Real Estate is in FULL FORCE right now and it is getting extremely difficult to keep up with this crazy sellers market we are experiencing in Florida. I am so happy to be back on the blog talking about a crucial part of the home buying process so that you can be prepared and know what to expect when you put in an offer on a home. So let’s just jump right in!
The sellers accepted your offer and you’re now under contract for your dream home! Your Crate & Barrel shopping cart is filling up with your wish list of home decor and you can’t wait to get the keys and make it your own! But before you get that far, you have to cross a few things off first including the home inspection contingency. Today I’m sharing 3 mistakes you’ll want to make sure you avoid when you find yourself at this point in your transaction.
3 HOME INSPECTION MISTAKES TO AVOID
STEP 1: NOT HAVING A HOME INSPECTION TO “SAVE MONEY”
The BIGGEST mistake you can make when it comes to your Home Inspection is not having a Home Inspection at all. The average cost of a Home Inspection is $500 and if the house looks to be in pretty good condition, I see why you might consider skipping it and spending the extra money on home decor for your new place instead! However, at the end of the day, $500 is an extremely low expense when considering that the house you are purchasing is probably the biggest investment you’ve made to date. The home inspection is not only your chance to learn about how your home works but if there are any major defects that can’t be seen without the knowledge of a professional, you’ll want to know this before signing on the dotted line and taking ownership of your new home. So make sure you don’t skip this very important step of the home buying process. You’ll avoid any potential buyer’s remorse and be confident that buying this home is a great decision.
MISTAKE #2: NOT ATTENDING THE HOME INSPECTION
No matter how great of condition the house is in, there is inevitably going to be something that the home inspector finds to include in the report. Attending your home inspection will not only teach you a lot about the house you’re moving into but you’ll be able to ask the home inspector any questions you have. They’ll also tell you how serious the repairs they find actually are and share anything you should keep an eye on. If you skip your home inspection, you will likely feel very overwhelmed and potentially freaked out by the report when you receive it while also missing out on the opportunity to learn about your new home.
MISTAKE #3: FREAKING OUT ABOUT THE HOME INSPECTION REPORT
You already know that attending your Home Inspection will help prevent you from freaking out about the report when you receive it but buyers can sometimes be extremely unreasonable. There might be repairs that you definitely want to negotiate with the sellers, look into further or have fixed before closing but be careful not to be too unrealistic. Take a deep breath and write down your major concerns. Look into what they will cost to repair or replace and determine the best way to handle it. Keep your emotions out of it when addressing these issues with the sellers and try to keep a mindset that your goal is for both you and the sellers to feel that the solution is fair.
Do you want to learn more about the Home Inspection process and how it works? Comment below or send me a direct message and we can schedule a coffee chat either by phone or in person where I’ll share all about the home buying process including the details of the home inspection.
Thank you so much for joining me and I look forward to chatting real estate with you soon!