Importance of Home Inspection

When you are in the process of selling your home, you are also likely in the process of looking for a new place to call yours. As you’re spending this time in the housing market, you’re going to learn much about how you should prepare your home for sale, and what you should be looking for when viewing a property. One of the most important things that a buyer is going to want to see, including those interested in your home, is a third party home inspection report. Colorado Professional Title in Highlands Ranch would like to share some of the most important reasons for ensuring you see a home inspection when buying a new property.

When you get the third party home inspector to the property, it’s important to keep in mind that the areas he or she will be inspecting thoroughly are those areas that would be the most expensive to repair, should he or she discover damage. This is good for you in the long run, so as not to run into any surprises once you’ve already purchased the property. These areas of inspection will include:

  • roofing and attic
  • siding and foundation
  • heating and air conditioning units
  • sewage and drainage systems
  • basement and crawl space

It makes sense that you’ll want a professional to inspect these areas. After the inspector has completed the inspection, he or she will gather the findings and put them in an official inspection report, which will be made available to you and the seller of the home. You’ll then have the opportunity to decide, along with the homeowner, on the next step.

If you discover damage is present, due to the report, you and the homeowner have the following three options:

  1. Agree that the homeowner will make the needed repairs prior to selling you the property
  2. Agree that the homeowner will discount the price of the home so that you are able to have that extra money needed to make the repairs
  3. Agree that you are not able to reach a settlement that will fit you both equally, and walk away from the deal

Once you have found a property that fits your requirements, you know that the very last step you should take before signing the deal, is to ensure the home is free of any title related issues. You can do this by getting a title search and title insurance for your new property. For title insurance in Highlands Ranch, remember the professionals at Colorado Professionals. Contact us at (303) 268-4278 to find out how we can best serve you.