You have found your perfect home at least it looks perfect but do you know what is under the house, in the walls  or attic?  

Many new buyers decide to not have a home inspection because the appraiser is going to go and inspect. I hear this a lot with VA loans.  "The VA is really strict and they look over the house really good."  It is imperative that you understand the difference between an inspection and an appraisal.  The purpose of the inspection is to protect the prospective buyer from purchasing a home with structural defects and other major problems. Whereas the appraisal is meant to protect the lender from paying more than the house is worth.  

The home appraiser will normally identify deficiencies that are apparent or observable by the eye such as wood rot, holes in ceiling, missing fixtures and so forth. The home inspector, will not only address the deficiencies visible to the eye but also tests mechanical systems, major appliances, the plumbing and the roofing.

A home inspection usually costs a few hundred dollars and will last approximately 2-3 hours.  This is some of the best money you will spend in the home buying process.  At EXIT Realty Preferred in Raeford, NC our buyers have discovered issues through the home inspection that could have cost them thousands of dollars down the road such as roofing, septic and major plumbing issues.

Our agents are trained to go over the home inspection with you and then negotiate on your behalf with the seller to have some if not all of the repairs done that mentioned on the home inspection.  Where as if you forego the inspection and just have the appraisal completed, granted if there are any obvious repairs the seller will be asked to make those repairs so you can get the loan for the house but you could still be left with a big problem that was not identified.

We recommend that EVERY home buyer have a home inspection. We believe it is so important that we will ask you to sign that you declined a home inspection if you so choose to not have one.  We want every buyer to be educated about the ins and outs of the home they are purchasing.