When you are buying a lottery ticket you have a small chance to win big, but when you are buying a house without home inspection you have a great chance to find out that you have to invest great deal of money to repair/replace un-expected problem.
You may ask what kind of problems we are talking about.
As a home inspector, I can name a dozen of problems that not easy to see and especially if you don’t have a special training that can cost thousands of dollars to repair.
Here is real story – couple of weeks ago I got a call from very angered person; he asked if I can provide second opinion on structural integrity of his house. I’ve recommended calling structural engineer for evaluation, he replied that he already did and he knows that he has problems with foundation, sagging and uneven floor. He told me that he bought a home without the inspection and now he plans to go to court.
I don’t know what his chances to win in court, but the average cost to repair foundation problems is $4,511 with most homeowners spending between $2,318 to $6,750. Minor foundation crack repairs cost $620 or more to fix, while major repairs that require hydraulic piers can cost $10,000 to $15,000.
Today many home inspection companies are offering pre-sale / pre-offer final walk through or short evaluation, where inspector present at the time of showing as part of the buyer group. This way buyer will learn about problems, before even participating in war of bids.
Please take a look what MSP Home Inspections LLC offering to their clients: