A Guide to Home Inspections and Their Costs
If you're considering purchasing a home, condominium, or even a commercial building, having the structure thoroughly inspected before finalizing the sale is a critical step. Though some brave buyers may opt to skip this step in overheated housing markets in order to increase their chances of securing the property in a competitive bidding situation, few experts advise such a risky approach.
Inspections conducted by an impartial professional allow for a visual examination of the property from top to bottom including a review of such things as the structure's roof, foundation, drainage, plumbing and heating systems, and even walls, windows, and doors. Here's a closer look at what you can expect to pay for an inspection, how to select a home inspector, and whether it's possible (or even advisable) to try and cut costs on the inspection process.