Risks of Not Getting Home Inspection

A home inspection is like a general health check-up. You can easily take it for granted, but over time, you’ll incur serious risks, and sometimes, it’s too late to stop the damage. However, you can steer clear of all risks of not getting home inspection by examining your home’s condition regularly. Let’s look more closely into why inspecting your home is a necessity.

Reasons why you should get a home inspection

A home inspection puts your mind at ease about the condition of your home and indicates which issues must be addressed urgently and which can be scheduled for later maintenance. But there are more reasons to inspect your home:

• Avoiding safety risks.
• Detecting hidden problems.
• Qualifying for home insurance coverage.
• Addressing problems early on to avoid costly repairs.
• Having more negotiation power when selling the house.
• Ensuring compliance with the housing regulations in Canada.

Do Home Inspections Need to Be Done by Professionals?

The short answer is yes. While you can put on a home inspector’s hat and examine your home’s condition, it’s better to ask a professional inspector to check it. The main reason is that you might overlook some issues or lack the equipment to check certain parts of your home. For instance, you can’t detect a hidden leak with the naked eye, but the inspector can use an infrared camera or a moisture meter to detect the exact location of possible leaks. But how much does it cost to hire a home inspector? Click on home inspection cost to find out.

Is It Okay to Skip the Inspection?

If you’re feeling lucky and believe that things have a way of working out themselves, you can skip the home inspection. But a word of warning: one day, a deep crack on your wall might attract your attention, and it’s all because you skipped home inspection. So, the wise thing is that you should never skip a home inspection in Canada.

Big Risks of Not Doing Home Inspection

Dismissing home inspection entails some risks, but some are more considerable because they are hard to recover from. These risks are more serious in older houses, so you can’t put off an old house inspection.

Can Cause Future Costs

A timely home inspection sheds light on the minor issues that can be addressed with basic and inexpensive maintenance. For example, you can take care of slow drainage with a drain opener, but if you ignore it, the pipe might get clogged, and it can be harder and more expensive to reopen it.

Safety Risks

Ignoring home inspection can also cause safety risks. If doing a thorough home inspection isn’t feasible for you, you must at least limit the inspection to safety risks such as structural issues, gas and water leaks, and electrical hazards.

Not Protecting Your Investment

An uninspected home declines in its overall value. If you want to sell your home, you don’t have negotiation leverage over the asking price when your home is inspected. Also, buyers prefer to buy an inspected home to avoid unexpected problems and expenses.

Read more:

Should I get a home inspection before buying a house? Considering the immense benefits of a home inspection, you can have a safe purchase if you do.

Lack of Home Insurance

Insurance companies demand higher premiums if your home isn’t inspected; even worse, they may deny providing coverage without inspection documentation. In fact, a home insurance inspection is a prerequisite if you want to have the best home insurance coverage.

The Bottom Line

The risks of not getting a home inspection are numerous. For instance, it can cause safety issues that are irrecoverable or cost too much. If it’s not possible for you to inspect all parts of the house, you should at least inspect the parts, such as the foundation or electrical systems, that are more hazardous. It might be tempting to waive home inspection, but be wary of the potential consequences.