Here’s the right perspective to have about home inspection reports.
In a market like this with so few homes for sale, home inspections are all the more important. However, be wary of making mountains out of molehills when it comes to what’s on the report.
“Small repairs aren’t worth canceling a contract over.”
Recently, there was a house on the market that everyone wanted. It went under contract twice but fell apart both times based on the home inspection. We were fortunate enough to snag this house for one of our buyers, and after our inspection, of course, the same problems came up as during the first two. However, we had an inspector who wasn’t an alarmist and didn’t freak the buyer out about what was probably $1,500 to $2,000 worth of repairs. These are not the kinds of things that you should be thinking about canceling purchases over, especially in a market with so much competition.
Just a word to the wise for buyers: When you’re looking at homes and finally get one under contract, think twice about canceling that contract over a bunch of little imperfections that can easily be fixed. Hire a good inspector because they can help you look at the big picture and make sure you don’t lose out on a great home like the first two buyers on this property did.
If you have any questions for me, need a recommendation for a great inspector, or you’re looking to buy or sell, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.