Health & Safety
4 – Safety
A home inspection can identify potential safety hazards, such as carbon monoxide leaks or electrical issues, which can pose a risk to the health and safety of the occupants.
Planning in Advance
5 – Budgeting
Although homeownership is typically a beneficial long-term investment, it entails various expenses that arise over time.
Apart from property taxes and utilities, maintenance and repairs represent significant costs.
These can encompass tasks such as roof replacement, window upgrades, and furnace repairs, among others.
Conducting a thorough home inspection enables you to gain insight into the expected lifespan of these components and plan your finances accordingly. For instance, if you are aware that your roof will last for another five years, you can set aside funds over that period to ensure you have sufficient savings when the time comes to replace it.
Conclusions and Further Thoughts
Overall, a home inspection is an important step in the home buying process that can help buyers make an informed decision about the property they are purchasing and avoid unexpected expenses and issues down the road.
Give Huber Mortgage a call to get a referral to the best home inspectors! Contact us HERE!
PS – One of my hobbies is blogging about mortgages, debt and government policy. During the day I’m a MORTGAGE BROKER in Kelowna, BC!
Check out the Huber Mortgage Home Buyers Guide HERE