You’ve found your dream home. The curb appeal is charming, the layout is open and the features fit your lifestyle. It’s time to move in, right? Not so fast. Before making a final decision, you’ll need to schedule a home inspection. In fact, this is one of the most important deciding factors when purchasing a home. However enticing a fresh coat of paint and new flower beds in the yard might be, the home inspection process is what reveals the true state of the home. Think of it as a thorough health exam of your future space.
A home inspection reports the condition of a real estate property and is an examination of the property’s current condition and safety. It can tell a buyer a lot about an existing or newly constructed home. It’s usually done after a sales contract between a buyer and seller has been signed. A home inspection is not to be confused with a home appraisal, which is what determines the fair market value of a home.
Preparing for a home inspection is a vital step in the home buying process. But once you have the inspector’s report in your hands, you can breathe a sigh of relief that you’ve checked off one of the most detailed parts of the homebuying process! You’ll soon be on your way to unpacking boxes in your dream home.