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Contrary to what most people believe, a home inspection is composed of not just one inspection. Depending on the type of financing you choose, there should be at least two to three separate inspections on the home you want to purchase.
Before you get a real professional to examine your house for you, conduct your own basic inspection. That counts as the first inspection.
The second is to get a professional whole-house inspection by a home inspector with a good reputation.
The third one is optional. If your financing consists in a government loan like the FHA perhaps, or the VA, then the third inspection should come around the time of the appraisal. Though not really a home inspection, as most people claim, it does account for a bit of a mini-inspection, so to speak.
To Home Inspect? Or Not to Home Inspect? How Important is a Home Inspection?
The value and necessity of an extensive home inspection cannot be emphasized enough. Many home buyers today are spending enormous amounts of their money in repairs alone because they thought dispensing with a home inspection could save them…what? $200? $300? A good home inspection costs right about that much.
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- Year Released/Circulated: 2008
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