Myths and Truths
- baziljohnson
- Mar 27
- 2 min read
Home inspections are crucial in the home buying and selling process, yet several myths or misunderstandings surround them.
Here are some common misconceptions:
1. Home Inspections Are Not Necessary
Many folks believe that a home inspection is an option to choose, but they are essential for identifying potential issues before finalising a purchase. for a residential home. The disclosure form by the seller does not cover everything and is not really worth the paper it is written on to protect you.
2. All Home Inspectors Are the Same
Having building or construction experience does not make you an inspector. A registered and Certified Professional Inspector® has the credentials to support his findings in the completed report. Continious training and regular academic evaluation are important factors to consider when appointing a home inspector. Ask the inspector for them?
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3. A Home Inspection Guarantees No Future Problems
A home inspection provides a snapshot of the property's condition at one point in time, but it cannot predict future issues. By identifying defects/problems or signs of potential problems, you can be prepared and aware of certain aspects that may require immediate or later attention.
4. New Homes Don’t Need Inspections
Even new constructions can have defects. A home inspection can reveal problems that may not be immediately visible. Due to the ever expanding need for residential accommodation in East London, South Africa, housing developments are completed in less than 6 months. This leads to a number of problems if snags are not identified early.
5. The Seller Should Fix Everything Before the Inspection
While sellers may want to address major issues, it's not always necessary. Inspections can help buyers make informed decisions. If you know what you are buying, the opportunity for negotiation around the price is greater.
6. Home Inspectors Can Solve Problems
Inspectors are not there to fix issues; their role is to identify and report on the condition of the home.
7. You Can Skip the Inspection If You’re Buying with Cash
Regardless of the payment method, a home inspection is a wise investment to avoid costly surprises later. Cash is King, but your kingdom can be a sinkhole if not careful.
8. Home Inspections Are Only for Buyers
Sellers can also benefit from pre-listing inspections to identify and address issues before putting their home on the market.
9. A Home Inspection Is Too Expensive
While there is a cost associated with home inspections, it is often minor compared to the potential costs of undiscovered problems. On average, a home inspection in East London costs less than 0,2% of the purchase price. Money that is well spent for peace of mind.
10. Inspections Are Only About Major Systems
Home inspections cover a wide range of items, including minor details that can affect the overall condition and value of the home. A comprehensive inspection report covers the entire property, the exterior and interior of the home.
Understanding these myths can help buyers and sellers make informed decisions during the real estate process.
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