Thursday, February 14, 2013

Ask Debi, Is it worth it to pay for a home inspection?

Hi Debi,
We just had our offer accepted on a newer house in the Peoria, Arizona area. The home was built in 2006. The house looks like it is in pretty good shape and the seller has indicated that they will not fix anything. Do you think we should get a home inspection and what would be the point if the seller will not fix anything?

Sincerely,
Analyzing Annie

Dear An
The short answer to your question is yes, you should get an inspection. Regardless of whether or not the seller will fix anything it is a very good idea to know of any major issues the house may have. This information can be used to cancel the contract if you find a very costly deal breaker of an issue. It is also possible to negotiate with the seller if you still want the home but find an unexpected and costly repair.
The cost of an inspection is typically $350-$450 and the piece of mind that you gain in knowing all that you can know about this momentous purchase is incomparable.

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