We cannot emphasize enough the value and necessity of an extensive home inspection. Many home purchasers, either in the desire to save the $300 to $500 that a good inspection costs, or due to simple ignorance, have spent enormous sums of money repairing items that any good home inspector would have pointed out. Any offer to purchase you make should be contingent upon (subject to) a whole house inspection with a satisfactory report. Do not let anyone dissuade you from having the property thoroughly inspected! Not only will you sleep much sounder after you have moved into the house, a professional inspection can give you an escape hatch from a contract on a defective property. If the contract is written contingent on an acceptable inspection, any defects in the home must be either repaired or monetarily compensated for. If you are not satisfied, you have the option to cancel the contract.
Home Inspections are designed to disclose defects in the property that could materially affect its safety, livability, investment or resale value. They are not designed to disclose cosmetic deficiencies (for example, an interior wall that needs paint touch up). You will need to determine on your own those type of items that will need attention.
A True Story:
The house was built in 2005 and appeared "solid".
Until the Home inspector turned on the water and everything (except the bathroom sinks) started leaking like a sieve. Including toilets. Including a hose bib. Including pipes in walls. Including the roof (well turning the water on didn't cause that one!) Including the kitchen sink.
The moral of the story for any Real Estate Buyer: GET A HOME INSPECTION!
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