When buying a home, specifically a foreclosure, an inspection is standard practice for many mortgage companies and realtors. The idea is to seek out any major problems before the sale is finalized and the new homeowner gets stuck with the repair bill. However, home inspection scams are common, and even if your home inspector looks like he or she knows what they are doing, you should always consider getting a second opinion before you settle on their assessment. Just take a moment to consider whether or not this inspector has your best interests in mind, or the banks.
Top to Bottom Inspection
Home inspectors that are looking over a home should check everything from the tip of the roof to the depths of the basement, and in that assessment there should also be a thorough examination of the HVAC system. The furnace, air conditioner, and duct work are very valuable in any home, but they also tend to be neglected. Depending on the season that you purchase your home it, you inspector may try to talk you out of an inspection of one of the system.
Footing the Bill
For example, if it is 95 degrees in the middle of July, you inspector may tell you that he or she doesn’t want to test run the furnace because of the added heat it will create. However, if you neglect to have either or both of these units checked out, the cost of repairing or replacing them down the line could shock you. Picture yourself in that situation. You have just bought a home and are now making mortgage payments, and although money is tight, you now have no choice but to pay for a new furnace and/ or air conditioner. It doesn’t seem fair and it is just not right!
Get a Second Opinion
Have your home inspected by someone that you choose and that you trust! Check with your local government and also check BBB ratings to find someone with a good track record. Compare the findings of both inspectors and bargain with the bank when there are discrepancies. Don’t loose your money and don’t get scammed!