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Unbiased Home Buyer Inspection

by Buyer Beware

A home buyer inspection can be very beneficial. Obtaining a paid professional’s opinion on an existing home can give a buyer that warm-fuzzy feeling needed to purchase.

However, buyers beware!

In many markets a seemingly unbiased, independent home inspector’s services can actually unknowingly be bought by local real estate agents. A home inspector can be in cahoots with a selling agent, thereby double dipping, while assisting a selling agent in the sale of a difficult home.

It is recommended that a buyer insist on being present during the home buyer inspection and, if possible, do some pre-inspection homework and be prepared to ask the home inspector questions.

It behooves a buyer to be familiar with his major investment. The buyer should see what the inspector sees to understand what might be lacking, need repair, or be a deal-breaker. The information learned will help with future home purchasing or home repair.

It’s impossible to know if an inspector is truly working for a buyer. A buyer should be wary if employing a home buyer inspector and, while taking their opinion into consideration, ultimately the decision needs to be made independently.

Realtor | Lender | Inspector | Appraiser | Title | Insurance

After all, who wants to own a money pit? Learn more about Home Buyer Inspection

The information you obtain at this site is not, nor is it intended to be, a substitute for financial, real estate or legal advice. You should consult an attorney, accountant, lender or real estate agent, as applicable, for advice regarding your individual situation. Comments and opinions found here are not necessarily those of Get Your Best Mortgage Rate.

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