Buying a home is everyone’s dream. When you finally get the chance to close this deal, it’s in your best interest to have a home inspector check it out. To be on the safe side, you need to ask the inspector a lot of relevant questions. Here are the most important questions you shouldn’t fail to raise with your inspector.
What’s the property’s current delinquency rate?
Seek to establish the current delinquency rate of the tenants currently occupying the house. A high rate could signal a potential risk due to poor screening of residents. This rate could as well be an indicator of potential evictions.
What’s the condition of the roof?
The inspector should give you a detailed report of the findings on the condition of the roof. A faulty roof could lead to the house being declined insurance. Most insurance companies don’t usually insure any roof that is 35 years and beyond.
Any water, fire, health and safety hazards that I should know?
These are critical areas that you must seek clarification from the inspector. Having these facts at hand is not only good for the buying process but is key to safeguarding the lives and wellbeing of your family and loved ones.
Be very specific and pay attention to include gas leaks, outdated electrical wiring, evidence of mold, and water leaks. You have to ensure the home inspector is thorough in spotting any of these issues for immediate address.
If they’re not fixed, you could run into trouble with the insurance company and mortgage finance company. You’ll be endangering the lives of your loved ones if you don’t identify and find a lasting solution for all of the mentioned problems.
These are some of the questions that you shouldn’t let the inspector go without answering. Home buying isn’t a rehearsal. You can’t make mistakes and hope to undo them someday in the future.
The best place to start is by connecting with a home inspector with a solid understanding of all the key issues concerning home buying. Working with a professional gives you a head start by ensuring the inspection is done in a thorough and satisfactory manner.