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>From my prespective: do not let yourself get emotionally comitted to
purchase before the inspection. One of the scarier experiences for a
Home Inspector is the occasional situtation where first-time buyers'
eyes glaze over when you explain a major defect - say that water the
leaking from the toilet and under the floor tiles has rotted out the
entire floor structure blow - and then start measuring the widows for
drapes.
Fine if they understand what they are getting into and they are making
an informed decsion - definitely NOT good if they do not and are not.
Fortunately in my area such houses are the exception - perhaps one
house in 25 or 30 has a defect (other than a near-end-of-life roof,
which can usually wait a year or two) which will require big-dollar
repair in the near future, and even then in a market where the seller
his usually experienced a lot of appreciation, and the average home
sells for around 300K, it seems to be the case that even a 5 or 10K
problem is usually a situation where the buyer and seller are able to
work things out.
But - especially if you are a first time buyer with limited cash -
IMO it's vital to listen carefully to what the inspector says and
reports.
And then ask questions - and keep asking questions if there are things
you do not understand - until you are completely satisfied that you do
understand the possible implications of any major problems - no
matter how much you love the house.
Michael Thomas
Paragon Home Inspection, LLC
Chicago, IL
mdtATparagoninspectsDOTcom
847-475-5668
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Re: going to contract on Saturday - what should I look out for?
