Why first-time homebuyers should not waive home inspections

On Behalf of | Oct 10, 2022 | residential real estate | 0 comments

Before you buy a Florida home, you want to do your due diligence to reduce the chances of you finding out something major is wrong with the property once it is too late. While some home defects may be visible to the naked eye, others might require more research to uncover, and that is where the home inspection comes into play.

Per Realtor.com, waiving a home inspection is never a good idea, because a home inspection helps you identify issues that may prove extremely expensive to fix or repair down the line. There are other reasons, too, that it is advisable not to skip this important step in the home-buying process. Some of these reasons are as follows.

It gives you a potential “out”

A home inspection typically reveals quite a bit about a particular property. A home inspection may reveal potentially dangerous conditions, such as mold growth or radon, in a home. If you wanted to buy a home but then the home inspection made you think twice, you may have the opportunity to back away from the deal before it goes through.

It gives you a possible negotiating tool

If, after a home inspection, you still wish to buy a particular property that has defects, you may be able to use those defects and home inspection findings to negotiate a lower price. Conversely, you may be able to ask the seller to fix the issues before you move forward with the purchase.

A home inspection does require a small investment. However, it has the potential to save you considerable time and money by helping you avoid buying a home with major problems.