Buying your home is probably the single biggest investment you will
ever make. To help protect your investment, I will help you write your
purchase agreement so that it is contingent on an inspection. I think
that this is so important that I will pay for it myself!!
Making your offer contingent on an inspection allows you to avoid
unpleasant surprises upon taking possession of the home. Your Twin
Cities home inspector's report will cover the condition of the home's
heating system; central air conditioning system, plumbing and
electrical systems; the roof, attic, and insulation; walls, ceilings,
floors, windows and doors; the foundation, basement, and other
Even if the inspector finds nothing wrong with the home, you will
have peace of mind, and you will receive a wealth of information about
your home and how to maintain it. If the report shows any problems, you
will be happy that you have three options you can exercise at your
discretion. If you feel that the problems are so large that you no
longer want to purchase the home, it's that simple: You don't have to
buy the home. I carefully write the inspection contingency so that you
can cancel the purchase agreement and have your earnest money returned.
If you feel the problems are manageable, and are about what you
expected considering the age and price of the home, you can continue
with the purchase. A third option involves negotiating to have the
seller remedy any problems. If you can't come to a satisfactory
agreement with the seller, you always have the option of canceling the
agreement and having your earnest money returned to you.
I have been selling real estate in the Twin Cities for over 20 years, and I have convinced almost every one of my buyers
on the importance of writing their offer contingent on an inspection.
Most Twin Cities home inspectors spend two or three hours performing
the inspection, and then another hour or two going over the results
with the buyer. After meeting with the inspector, buyers are almost
unanimous in their belief that having the inspection is a vital part of
the home buying process. When the inspector finds hidden defects, the
buyers are relieved to find out about it while they still have some
options. Even when there are no major flaws to find, the buyers find
the meeting very informative and educational. Even buyers who are very
experienced at working on homes find it helpful to meet with a
qualified Twin Cities home inspector whose only business is providing
impartial property inspections.
The cost of a home inspection varies geographically. In the Twin
Cities a single family home inspection typically costs about $400. They
can cost more depending upon the size of the home, the number of
bathrooms, and the need for additional inspections such as septic,
well, radon, or mold testing. Please do not let the cost of an
inspection cause you to miss out on having your home inspected. It is a
small price to pay for the sense of security and the knowledge gained
from the inspection. Find a way to keep the price of the inspection in
your budget. Or better yet, use me when you buy your next Twin Cities
home and I will pay for it!!