“The fact is, you should get a home inspection because buying a home may be the single biggest purchase and investment you will make in your lifetime and you NEED to do everything in your power to protect that investment”
The average buyer pays between $150,000 and $350,000 for a home, the home inspection with a WDI(Termite) Inspection and Radon Test may cost between $525 and $725. That’s .002% to .003% of the investment cost of the home, less than a tenth of a percent. The Inspection fee is not only the single best value of all your home purchasing costs, it is the best way to determine if you are making a sound decision that makes financial sense.
Every home will have some things that need repair and maintenance, that’s just a fact of ownership, the question is what items, what are their costs and when do they need to be done. Knowing there are several thousand dollars of maintenance and non-critical repairs is understandable, but tens of thousands of dollars of costs to replace roofs, equipment or structural repairs in the near future may serious tax your ability to own the home. People default on their homes this way or at the least end up living under sub-standard conditions because they can’t afford the repairs.
You should never give up your right to walk away from a home purchase, because the seller’s disclosure is often not accurate, misleading or missing critical information. Having a Home Inspection, performed by a qualified and reputable Home Inspector is always in your best interest, don’t let anyone make you believe otherwise.