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Inspections an important part of real estate transactions

On Behalf of | Jan 4, 2018 | Firm News, Real Estate Transactions

Purchasing a home in New York can feel like an endless process. For this reason, skipping a step may be tempting — especially if it is the home inspection. However, home inspections are an important part of residential real estate transactions.

Skipping inspections may seem like a good idea, particularly for new homes. However, this can be a major mistake, as even homes that are newly built can still have problems. Issues can come in a variety of forms, ranging from the well to the pool or septic system.

Another major mistake when it comes to getting a potential home inspected is selecting the cheapest option. Sometimes, the cheapest inspector is not using the most up-to-date equipment. For instance, perhaps he or she is using a chemical swab in lieu of XRF technology when testing for lead paint. In addition, being present during the inspection is critical to making sure that no stone is left unturned. Having the chance to ask specific questions while the inspection is taking place can be invaluable for making an informed decision about whether a home is a good buy.

When it comes to purchasing a home, a would-be buyer’s plate is filled with tasks ranging from making offers and negotiating final home prices. Because real estate transactions can quickly become complicated, feeling overwhelmed is natural. However, a real estate attorney can help to ensure that one has crossed all T’s and dotted all I’s when it comes to the legal aspect of a deal. With an attorney’s help, homebuyers can rest assured that their best interests are protected as they strive to achieve their individual real estate goals in New York.

Source: realtor.com, “8 Home Inspection Mistakes Buyers Should Avoid at All Costs“, Cathie Ericson, Jan. 3, 2018