Your Guide to What Home Inspectors Look For

After going through the stressful process of staging and showing your house, you’ve accepted an offer that exceeds your expectations. But you’ll still have to get over the home inspection hurdle that could reveal unexpected roadblocks, leading to costly repairs or cause buyers to renegotiate a lower sales price — or even walk away from the deal. It’s critical to know what home inspectors look for because serious problems could derail the sale altogether.

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As home prices and interest rates continue to show volatility in 2023, savvy buyers are more keen than ever to get their money’s worth, paying top dollar inspections to ensure that their purchase is in good condition. 

Out of the 7% of deals that fall through, the leading reason for termination is home inspection issues at 26%, reports the Realtors® Confidence Index survey for April 2022. While 18% of settlements are delayed, problems encountered during inspections hold up one in ten contracts.

Read on so you can take the necessary steps for a smooth sales process without lengthy setbacks or the inconvenience of losing a buyer and having to start all over again.

What is a home inspection?

A home inspection is the visual examination of a house’s structure and systems to determine the condition of the home and identify problems that could impact health and safety. Buyers typically pay for the inspection to uncover major issues that may give them second thoughts about purchasing the house and avoid surprise repairs after moving in.



from HomeLight Blog https://www.homelight.com/blog/what-home-inspectors-look-for/

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