The Home Buyer Inspection Skipping the home inspection is not the smart way to buy a home when considering a single family house. There is a good reason that the U.S. Department of Housing and Urban Development and The Federal Housing Administration created a form titled, “For Your Protection, Get a Home Inspection.” The inspection contingency gives the buyer an opportunity to back out of the deal should a major issue be uncovered. It also provides opportunity to further negotiate as a result of the findings.
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Who is a qualified home inspector? It is not a relative who is an engineer or contractor or a family member who has flipped a home or two. A qualified home inspector is a trained professional whose primary job is home inspections and completes at least 100 inspections a year. A common saying amongst ethical real estate professionals is, “The cheapest inspection can end up costing you the most.” An experienced Realtor will likely have some recommendations of quality home inspectors. Usually, these are the same people they use and trust when they themselves are purchasing a home.
THE SMART HOME BUYER