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The importance of a home inspection

| Aug 13, 2020 | Residential Real Estate Law

You’ve been looking to buy a home in New Haven County for the past year. Finally, you have seen one you like. The only problem is the price. You sit down to assess your finances and find you can stretch to reach the asking price. Then you realize you forgot to include the fees and other expenses needed when buying property.

One of the costs you may consider cutting is a home inspection. However, this could be a costly mistake.

These are some of the reasons home inspections are vital:

  • An objective opinion: It is hard to remain impartial when you see a home you love. You can overlook its faults once you envision yourself living in it, your children playing in the garden and so on. The inspector does not care whether you buy the house or not; thus, they provide the objectivity you lack.
  • An expert opinion: It is easy to miss faults as a buyer because you do not know what you should be looking for. Experts know what to look for and can interpret what they see.
  • It could help you reduce the price: Discovering a fault may help you negotiate with the owner, bringing the price down to something you can better afford.
  • It helps you assess the real cost of the property: Finding out what maintenance a house will need in the next five or 10 years allows you to calculate the true amount your home will cost you.

An experienced attorney can help you complete all the necessary paperwork and avoid mistakes when buying New Haven residential real estate.

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