Many new homebuyers consider the home inspection to be an added expense on the final costs of buying a home, however it can actually save you thousands of dollars! Be sure to have a certified home inspector take a look at your Phoenix home before you talk money with your realtor. Here are some tips to have your home inspection save money before you buy your home!
Home Inspection Contingency
As a homebuyer, you can use your home inspection in your purchase offer! It’s called the home inspection contingency (or the “due diligence contingency”), and it provides a significant defect you can make on your home’s costs, free of penalty. Check with your realtor for the span of time you’re protected by the inspection contingency (usually between 5-7 days).
Home Inspection: Exterior Savings
- Go green! Have your home checked for energy efficiency. From the roof and windows to the pool and appliances, often your Arizona home requires government sanctioned updates that will save you money for years! Every home inspection offers a home energy utility score. This score is determined from the water and energy performance of the home and includes information about the home’s average water and energy usage during each month! Not only is this a great way to determine your complete budget for buying a home, but you can often use these scores as leverage during negotiations!
- Get down to the foundation. Make sure your home inspector checks all aspects of your home’s foundation. It’s not always visible, but there are secondary signs that will show signs of cracks, settling, or expansion. In the intense Arizona heat and monsoons during the summer, we find that older home’s foundations are more at risk for shifting- a problem you won’t want to discover after you’ve already purchased the home.
- Make the grading grade. Not something one usually thinks about amidst all the paperwork, shopping, and negotiating, but your home inspector will measure your property’s grading to determine the slope. If your grading doesn’t slope away from the home, you have a potential (and never ending) damage crisis on your hands! Make your home inspection save money in the future by bringing this up during negotiations.
Home Inspection: Interior Savings
Home Inspections Save Money: Bottom Line
Home inspections are a necessity, not a luxury. Knowing exactly what you’re walking into when you purchase your home not only gives you peace of mind, but keeps your wallet safe too! You need a home inspection service you can trust. The One Avenue team is certified, professional, and constantly up to date. Have your home inspection save money with the team that sticks with you from start to finish. 623.299.2142