Advice: Should I make my offer to buy a house conditional on a home inspection? Inspections help manage a buyer’s risk and provide some peace of mind that the home they’re buying is not going to be a money pit, says Joe Richer.
When the housing market is hot, it is not uncommon for buyers to feel the pressure to forgo a home inspection as a condition of their offer, especially if they are concerned about a bidding war. By not including a home inspection, they believe their offer would be more attractive to the seller by removing a potential impediment to the sale.
Qualified home inspectors will also check to see if all appliances are in good working order and will climb up into the attic to look at the insulation, and for evidence of mould and other issues. You can expect the inspector to provide a detailed report that will highlight any issues that you may want addressed and those you will want to address after you take possession. Sometimes, but not always, this becomes a negotiating point where you could try to negotiate repairs or a price reduction for you to address them.
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