It’s particularly disconcerting when a Buyer decides to not have an inspection done because they think that the seemingly “new” house is too “new” to have any issues. After all it sure “looks” good – shiny, new, clean and pretty.
There is no perfect house whether new or old. I like to say that a house is akin to being almost human – a breathing, living series of structures and systems from foundation to roof, plumbing to electrical and everything in between. An inspection report done by a qualified and reputable inspector will highlight the positives and the negatives of the house. Was the roof recently patched and in need of further work? Is there moisture in the basement behind the drywall? Was the “upgraded” electrical done by an amateur or worse a DIY? What’s involved in maintaining the brand new high efficiency furnace? Have there been any insurance claims which the Seller may not have disclosed to his/her agent?
As a Listing Agent when I know there will be multiple offers, my services include ensuring that full disclosure by the Seller is satisfied by a current pre-list inspection report which I make available to all potential Buyers. It gives me peace of mind, it give my Seller peace of mind and it especially gives the Buyer peace of mind.
When there isn’t an inspection report available, as a Buyer Agent I strongly suggest that my Buyer has an inspection done even if it’s completed the day before offers are being reviewed. They might not get the house in a bidding war but it’s money well spent especially when they may have paid thousands of dollars had they indeed gotten the house and not known about the underlying sometimes serious issues.
So is it smart to have a home inspection? Is it prudent and wise? You bet it is. It might be the second smartest thing you could do next to choosing the right Realtor. 🙂