You’ve found a home, negotiated a price that’s acceptable to you and the seller, and are excited about moving in. However, there a few ways you can still lower your risk of taking on a new investment. Professional inspections offer you peace of mind that you aren’t going to end up with big, unexpected bills from problems that weren’t identified before your purchase. If it’s almost time to close on your home, here are some of the inspections you may need before closing day.

Home Inspection

This one needs to be on your “must do” list. Hire a professional inspector to closely examine every part of the home, from the roof to the basement. Plumbing, the wall and floor structural integrity, heating and air unit, ventilation, windows, doors, and appliances are all big-ticket items that should be inspected. Read the inspector’s report closely to see what will need to be repaired or replaced on the home.

Termite Inspection

Termites are pests that can cause major structural damage if left to their own devices. A termite inspector will check for the presence of the tiny beasts, any past damage they’ve caused, and pinpoint worrisome areas that could encourage termites to arrive (such as open cracks or crevices).

Mold Inspection

Mold is another big issue if found in a home, which is why some homebuyers decide to hire an inspector to detect it. They will go through the home searching for dampness inside the walls, floors, or insulation. They may also take an air sample and test it for signs of mold. Finding mold in your potential home before closing could save you thousands of dollars in remediation costs.

Radon Inspection

A common cause of lung cancer, radon can enter through a home’s cracks and wreak havoc on your health. A professional radon inspector can run a test of the home and give you a report on the levels he finds along with recommendations of how to lower it if they are elevated.

Should You Attend the Home Inspection?

It’s not required or even recommended that you attend your home inspection. But you can if you want to. If you’re curious about how it’s done, or just want to get familiar with the home, take the few hours out of your schedule and join the inspector.

Who Pays for These Inspections?

Costs can vary based on the size and location of the home, and the buyer is typically responsible for paying for the inspection. However, don’t cut corners thinking you don’t need one, because finding just one issue more than pays for your out-of-pocket cost.

Those purchasing a house, especially first-time buyers, may be worried there will be unexpected issues down the road that will cost headaches and money. Home inspections can decrease the risk of this happening to you, and help you move on to closing with more confidence.

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