Angela Mackinnon

CMI Mortgage #217909

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Home Inspection

When should I have a professional home inspection done?

A home inspection is a crucial step in the process of buying or selling a property, and it can also be beneficial for existing homeowners in certain situations. Here are some key scenarios in which one should consider having a home inspection done:

  1. Before Buying a Home: One of the most common times to schedule a home inspection is before purchasing a property. This is a prudent step for prospective buyers to take, as it allows them to gain a comprehensive understanding of the property’s condition. A professional home inspector will thoroughly examine the house’s structural integrity, electrical systems, plumbing, HVAC systems, and more. Any issues or deficiencies discovered during the inspection can be used for negotiation purposes or to make an informed decision about whether to proceed with the purchase.
  2. Before Selling a Home: Sellers can also benefit from having a pre-listing home inspection done. This proactive approach allows homeowners to identify and address any potential issues or maintenance needs before putting the property on the market. It can help in setting a fair asking price and prevent surprises that may arise during the buyer’s inspection, which could potentially delay or derail the sale.
  3. Periodic Maintenance and Checkups: Even if you’re not planning to buy or sell a property, regular home inspections can be valuable for existing homeowners. These periodic assessments can help identify minor problems before they escalate into major, costly repairs. It’s a proactive way to maintain the condition and value of your home, ensuring that it remains a safe and comfortable place to live.
  4. After Significant Events: After natural disasters, severe weather events, or other incidents that may affect a home’s structural integrity or systems, it’s advisable to have a home inspection. This can help assess any damage and determine the extent of necessary repairs or renovations.
  5. When Renovating or Remodeling: If you’re planning significant renovations or remodeling projects, consider getting a home inspection before starting the work. This can help you identify any underlying issues or structural concerns that should be addressed before beginning the renovations. It’s a way to ensure that your renovation project proceeds smoothly and safely.

In summary, home inspections are not limited to just the buying or selling of a property; they can be beneficial in various situations to assess a home’s condition, safety, and maintenance needs. Whether you’re a prospective buyer, seller, or an existing homeowner looking to protect your investment, scheduling a home inspection at the right times can provide peace of mind and potentially save you money in the long run.

period is a negotiable item. 

Home Inspection

When you find the home you want to purchase, a home inspection will provide you with critical information about the condition of the house. Negotiating needed improvements can only happen if the buyer is aware of them. While an appraisal may set the value of the home, the inspection verifies the specific details of the condition of the house such as:

• the cleaning or repairs needed
• the structural aspects of the house (such as the foundation, framing, roof)
• the internal systems (such as plumbing and electrical)
• other representations made by the seller

Knowing the actuality of the condition of the house will allow you to include contingencies that the seller must meet before you become liable. A professional home inspector will know what to look for – what kinds of factors are important to evaluate before entering into a final purchase commitment.

Prior to the loan closing , a final inspection should be done to ascertain that the conditions of the agreement have been met. Once you have signed, your options will be limited.

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MORTGAGE BROKER

NMLS #210518

Office: 405-340-7044
Mobile: 405-570-7276

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CMI Mortgage #217909
2500 S Broadway, Suite 130
Edmond, OK 73013

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