Very often, home buyers that are planning major renovations to the property automatically assume that they can skip undertaking the inspection. On first glance, it may seem like a good way to save money and also shorten the purchase and closing process. This can be appealing because the buyer can offer a quicker close which is usually considered to be a more competitive bid during the sales negotiations. However, we’ve helped too many clients that initially skipped this important step, found themselves in a hot spot, and decided to engage us for our home inspection services. If you’re working with a realtor that’s encouraging you to cut this stage of the home buying process altogether, then we advise you to
RUN! They don’t have your best interest at heart and are more focused on their commission. We’re here to share a few reasons why it’s so important to conduct a thorough home inspection by a company you trust. We also advise your escrow and close to be contingent upon the inspection results meeting your
standards.
For a remodel, you need to conduct the inspection to determine your scope of work. Without a building assessment, you’re only going off cosmetic upgrades and what your eye sees. This will often times miss very important and extremely costly changes that may be required to ensure your home has longevity and is up to current building codes. Let’s use this analogy – you wouldn’t have your mechanic make a major overhaul to your truck without first looking under the hood. The same goes for a house. Unless you’re planning on tearing down 100% of the existing structure, demolishing the foundation, filling it in, and
starting with a flat graded lot then you need to have a building inspection. Take it from the owner and operator of Madison Demolition Pros, John Kinsky, who’s also our long-time partner and experienced contractor. His demolition company in Madison, WI works on interior demo projects all the time. Him and his crew are often trying to balance keeping the bones of a building, like the plumbing, load-bearing walls, electrical and HVAC systems intact and operating while removing the ugly and unwanted bits like drywall, cabinets, and flooring. And it’s not just your house that needs attention. Outside can be just as important. Andy a Brisbane retaining wall expert says that poorly designed landscapes can be a drainage nightmare and real threat to your house foundations. Without a home inspection, you won’t know which existing systems are in good working order and can last you another 5 – 10 years before needing to be replaced.
Apart from the building system, mold and pest damage can often seem like an easy thing to fix during a reno. However, without a carefully vetted look by a professional, it’s unclear to the untrained average Joe whether this is a one-day problem that costs $2,000 or if it’s a multi-week challenge that costs $10,000+ to fix. That’s a pretty big difference that you’ll want to know about when putting in an offer!
Similarly, the last thing you want to find out is that you have a leak in your foundation two years after completing a $100,000+ reno. You definitely want to know this while you’re in the negotiation phase with the sellers. Knowledge is power, and being able to leverage any minor or major issues or potential problems that are flagged on the inspection report will save you time, money, and most of all, headaches down the line. Most of the time, the information uncovered during an inspection pays for itself when you and the home seller reach a final agreement on the purchase price.