I Bought a House Without a Home Inspection (VIDEO)
Is it really necessary to have a professional home inspection go and inspect a house? Maybe, maybe not. While that may not seem like a good answer, it really depends on a number of factors. Mostreal estate investors get pretty good at assessing the condition of properties over time. This process is a lot tougher for those folks just starting out. One thing that I have found time and time again is that investors underestimate what it is going to cost to flip a property until they gain experience.
Spending a couple of hundred dollars on the front end can save you thousands down the road in some instances. Home inspectors cannot give repair estimates, but they can give you a list of the defects in the home. They are trained to find problems that may not be obvious to the untrained eye. And they can also let you know the seriousness of those items found during the inspection.
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