Buying a home is exciting, and it is also a big financial responsibility. You want to make sure that you are getting a good investment and that the home you are buying doesn’t have any major problems. You don’t want to buy a house and find out after it closes that there are major structural issues. The way to protect yourself against any unwanted surprises is to get a building and pest report before you close on your house.
A pest and building report will alert you to any problems with the house so you can back out of the deal or negotiate a lower price. You want to get both reports when you are buying a home. The pest report is crucial because if you have termites or other pests that create structural damage, you need to know what is going on.
Termites cause billions of dollars in structural damage each year, and they will eat away at the foundation and supporting structures of your home. If you buy a house that has termite damage, you are going to have to pay a huge amount of money to get that damage repaired. All the damaged wood will have to be replaced, and that can be very expensive.
You are also going to have to get rid of the termites. Having a pest report conducted before you buy the house will ensure that you are protected. If the house is pest free you can go ahead and buy it, and if it does have pests, you can have the seller make the repairs, or you can negotiate the price down and hire someone to do the repairs after you buy the house. A pest report will protect you financially, so you don’t lose money.
You are also going to need a building report before you close on the home you want. An inspector will inspect the entire house and write up a detailed report that tells you what the problems are with the house and what things need to be repaired quickly. You can use the report to negotiate a lower price if you need to and you will know exactly what you are buying.
The building report includes information on every part of the house. The inspector will check the plumbing and electrical system in the house. He will also check the foundation and structural components of the house to make sure they are in good condition. The inspector will let you know how much life is left on the roof and even check the water pressure. You will know everything you need to know about your house once you get your report and the information is very useful.
Don’t even think about buying a house without having pest and building inspections. You are taking a huge risk if you do and you could end up having to make expensive repairs that are going to drain your savings quickly.