The Importance of a Home Inspection

December 17, 2013

Chicago home inspectionAnyone planning a home purchase in Chicago should educate themselves on the home inspection process. A home inspection can help buyers better negotiate with sellers and can help buyers prepare for future expenses on repair or replacement costs on systems in the home. There is no good reason to not have an inspection conducted, according a recent article in the Equifax Finance blog that gives some helpful information about the home inspection process, “

Buying a Home? Tips for Finding a Good Home Inspector.”

The article recommends finding a professional, experienced, licensed and certified inspector, who will be knowledgeable about new materials, technologies, and products in use today, as well as those in use 50 years ago or earlier.

While sellers are required by law to disclose major problems with a home that may affect its value, those disclosures are in no way a substitute for an inspection. Before your cancellation clause expires, have an inspection conducted and get bids from multiple contractors for any repairs. If repair costs will be significant, you will have the opportunity to either cancel the contract or renegotiate the sale price.

Find a qualified home inspector close to you through the American Society of Home Inspectors (ASHI) or the National Association of Home Inspectors (NAHI), which both provide search tools to help you find certified members of their organizations located in your area. You can also research potential inspectors’ reviews on ratings sites like Yelp, Angie’s List, or the Better Business Bureau. You can also ask potential inspectors to provide three recent references; or ask your real estate agent of lender for recommendations of qualified inspectors.

Read the full article, which includes information on radon and mold inspections, and other important topics, on the Equifax Finance blog. While there, read up on the other articles on real estate and other personal finance topics including

credit reports, retirement, taxes, insurance, identity theft protection, saving money and more.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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