Home buyers in California may think that a home inspection is optional when buying a house. While this is true, the experts strongly warn against skipping this step. While potential homeowners may think it is not worth spending the money, it can save lots of money and headaches later on if they discover a defect or problem after finalization of the sale.
According to Investopedia, there are very few reasons why a buyer should forgo an inspection, as it is the best way to discover major problems with the property before entering into an important contract. If there is a contingency in place, the buyer can walk away from the sale without paying any penalties if something is significantly wrong. For new property, the inspector will typically check out the foundation and structure before the build out, and then do a complete inspection after completion. For other homes, an inspection typically includes:
- Exterior structures such as walls, garage and roof
- Interior systems such as electrical, plumbing, and HVAC
- Interior structures like appliances, bathroom fixtures, smoke detectors and ventilation fans
An inspector does not check for everything, so Forbes recommends hiring additional inspectors to examine for:
- Mold and mildew
It is also a good idea to hire an inspector to check out the sewer lines, chimney and general structure. When hiring an inspector, potential buyers should ensure he or she has the necessary certifications, carries insurance and has adequate experience. After the completion of the inspection reports, the buyer can decide to follow through with the original plan, renegotiate the price, ask for repairs or walk away from the deal.