One of the most misunderstood parts of the homebuying process is inspection. For example, buyers often erroneously believe that if the house appears to be in good condition does not require an inspection. Nothing could be further from the truth! In fact, it is recommended by real estate professionals that every home is inspected if it is new or 50 years old.

Remember that not everyone is an ethical person. What this means is that some sellers of houses will go to great lengths to hide any defects earlier, passed by the house. For example, they can return and repainting all the ceilings then there is a substantial loss on the roof. The buyer, without an inspection, will have absolutely no way of knowing that there was a roof leak above. There have been many stories of buyers to afford homes, not an inspection and then learning from neighbors that the house had major problems with the seller never disclosed. Then you have a legal battle on their hands trying to prove that the seller has concealed information willingly. Who wants to go through a legal battle and pay all the associated legal fees unnecessarily?

The simplest and easiest way to protect yourself is to have a certified inspector to go really over the house before buying it. Make sure your realtor gives you plenty of time in the contract for inspection and ask the seller to fix any defective product. Some states even allow a period of due diligence that the buyer can leave the contract for any reason during that time period if it is related inspection or not.

In some states, it makes sense also for radon inspections, mold and termites. You also want to make sure the roof is inspected thoroughly as is the basement. You can also ask the seller to buy a house year warranty will cover the main components in the house for a year and is renewable if the buyer chooses to do so. These are generally less than $ 450 and are worth their weight in gold.