Waving a home inspection when purchasing a property can be risky for several reasons:
OK your not dumb but you were most likely pressured into waiving the inspection, here is what you get
### 1. **Unseen Structural Issues**
Home inspectors are trained to identify potential structural problems, such as foundation issues, roof damage, or plumbing concerns. Without an inspection, you may not know about costly repairs until after you’ve purchased the home.
### 2. **Hidden Health and Safety Hazards**
Inspections can reveal health hazards like mold, asbestos, lead paint, or radon gas. These issues can be dangerous to occupants and expensive to remedy. Waving an inspection leaves you unaware of these risks.
### 3. **Electrical and Plumbing Problems**
Hidden electrical wiring issues or plumbing problems may not be evident during a typical walk-through. An inspection helps uncover things like faulty wiring, outdated electrical systems, or hidden leaks.
### 4. **Pest Infestations**
Home inspections often include checking for pest problems, like termites or rodents, that can cause significant damage. Skipping the inspection might leave you with a home that needs pest control or has structural damage from pests.
### 5. **Major Appliance and System Failures**
Inspectors often check the condition of major systems like HVAC, water heaters, and appliances. If these systems are at the end of their life and you forgo an inspection, you might be faced with unexpected replacement costs soon after moving in.
### 6. **Unexpected Repair Costs**
Without knowing about potential repairs or issues beforehand, you might face significant repair bills after closing. These unexpected costs could stretch your budget or diminish the value of your investment.
### 7. **Difficult Resale**
If issues come to light after you’ve bought the house, they could negatively impact the resale value or deter future buyers, who may not want to take on a home with hidden problems.
In summary, waving a home inspection increases the risk of purchasing a property with unknown defects, which could lead to costly repairs, health hazards, and diminished home value.
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