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Home Inspections are Important: Here’s Why



With all the fees and expenses involved in purchasing a home, it may be tempting to skip the home inspection to avoid spending the money.  But in the long run, it may cost you more to skip it.  Home inspections sometimes reveal things that ultimately could have cost you way more than the fee involved.

While you might believe the sellers are being honest about the condition of the home, it’s important not to take their word for it.  Truthfully, they probably are being honest.  But they don’t necessarily see what could be “wrong” with the house any more than you do.  That’s why you need an expert to come in and do the inspection. They can find things that never would be noticed by the naked eye because they know what to look for. Home inspectors can also give you advice and things to look out for in the future. With that information, you have an idea of how to prepare for potential costs down the road.

A home inspection can be a deal breaker as well.  For example, if sellers offer a discounted price or cash back for skipping the inspection, that is a huge red flag!  Walk away from the deal.   A home inspection only takes a few hours and is paid for by buyers, so there is no reason sellers should protest unless there are critical issues in the home they know about and are trying to hide.

When hiring a home inspector, you want someone with many years of experience and proper certifications and licenses. You also want someone who will be thorough…willing to go through the basement, attic and up on the roof to check out every nook and cranny of the home.  It’s important to gather as much information about the house as possible so that you know what you are getting in to.

It is not mandatory for you to be present for the inspection, but it’s a good idea to be there.  Some inspectors are happy to have you walk along with them and ask questions as you go.  Others will want to do the inspection on their own and then have you do a walk through with them after they are done.  Either way, be sure to look carefully through the report they give you and ask as many questions as you want.  Remember that you are paying for their time, so don’t hesitate to have them go over the report with you so that you have a clear understanding of it.

Even if your inspection comes up clean, the fee you pay is worth the price to have peace of mind. Include it in your home-buying budget and don’t think of it as an “extra” expense.  It is a crucial element of your decision in purchasing the home and paying a $450 fee and finding nothing wrong is better than skipping it and ending up having to replace your roof for $3000! 

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A Home for the Holidays: 5 Reasons to Buy Now!

Buying a home in the midst of the holiday season might sound like a crazy idea, but the truth is there are good reasons to purchase a home this time of year.  Here are 5 good reasons to purchase a home during the holidays:

- Less Real Estate Market Activity - With lots of family, school and work activities happening during the holidays, fewer real estate transactions are taking place.  Because fewer people are looking for houses, there is less competition for buyers.  And with less competition, buyers have more leverage when negotiating purchases.  People selling homes during the holidays must often lower asking prices or make other concessions to sell.  So, if you buy this time of year, you might get a bargain!

- Highly Motivated Sellers:  If someone is selling their house at the end of the year, it’s because they need to.  Usually sellers avoid the end of the year due to shorter days and cold weather, so if they are selling this time of year they are likely under pressure and motivated to make a deal.

- Lower Interest Rates: Because of limited demand during the holiday season, there is greater competition among lenders so there is a general trend of lower rates. 

- Tax Perks: Buy a house before the end of the year and you can deduct any points you paid upon closing.  You can also deduct property taxes and mortgage interest.  Learn about the tax benefits of purchasing a home and find out if it is to your advantage to buy before year’s end. While your decision to buy a home shouldn’t be made solely for tax reasons, you certainly want to take advantage of the perks that exist!

- Faster Closings: Everybody involved in the home buying/selling process has incentive to complete transactions before the end of the year.  Lenders want to close their books, Realtors want to receive their commissions before the new year and sellers are anxious to move on.  Since everyone is so motivated, and there is less real estate activity, closings should happen quickly and efficiently.

So, if you’re thinking of buying a house anytime soon, don’t wait for the holidays to be over. Contact Desi Sowers at 540-320-1328 and start your home search today!

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New River Valley Real Estate For Sale

New River Valley Real Estate For Sale:

75 Gavins Court, Christiansburg VA 24060

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Welcome to Senneca Springs in Christiansburg VA where homes match the taste and lifestyle of anyone who loves low maintenance living. The Rendition Grande model offers main level living, Timberlake cabinets, a brick/vinyl façade with stucco accents, hardwood flooring, vaulted ceilings, arched doorways, granite counters, tiled backsplash, Stainless appliances, recessed lighting and two car garage. Gorgeous open floor plan offers comfort and quality to meet today’s busy lifestyle with a living, kitchen and dining room combination plus a large sunroom. HOA features lawn maintenance, snow removal and common area maintenance. Only minutes from Blacksburg, with the charm of country living and a small-town feel, yet just minutes to VT, mall, shopping and recreation. Open land and pond views. Come see this home!

Each Office Independently Owned and Operated