Why is a home inspection important?

If you plan to protect your biggest investment in your life, there are important things you need to know about a good home inspection. A thorough home inspection is important for a number of reasons. The most important reason is that a home inspection gives you advance notice of any problems present in the home. Things like water damage, radon problems, lead paint, the presence of asbestos, knobe and tube wiring, can all be turned up in a home inspection. Finding these issues, and having them fixed, before the deal is closed is essential.

A full home inspection report also gives the home buyer knowledge and extra bargaining power when negotiating the price of the home. By pointing out the problems with the home, and what they will cost to fix, the buyer can often negotiate a lower purchase price to cover the cost of needed repairs. If the home inspection report were not present, this bargaining power would be lost.