When the real estate market is hot, will I have time to arrange a home inspection?

While the real estate market in Surrey is hot you may be tempted to forego a home inspection to sell or purchase a home in or to move the process along more expediently. But it is always a good idea to arrange a home inspection whether you are selling or buying a new home.

As a buyer, you may want to look for homes that have already been inspected. Some sellers are anticipating this issue in a hot market, proactively having home inspections complete and reports ready for potential buyers and their real estate agents. For both a buyer and a seller, this will reveal any potential issues. For those that are selling, these inspections show problems allowing for the seller to address any issues before actually listing their home or property.

Buying a home without an inspection opens you up to major problems in the future. A house that looks perfect to the naked eye may be hiding all kinds of issues underneath. Typically, a professional home inspection will reveal minor to major concerns, preventing a buyer from purchasing a money pit versus a ready to move in home. If you are buying in Surrey, take the time to arrange a home inspection now, which will identify any concerns as soon as possible.

Although you may end up paying for a home inspection more than once, in a fast moving market due to being outbid, or finding issues, it is far better to expend the money on a home inspection and lose out on the house than to buy a home with hidden problems.

Whether it be a time restriction, a bidding war, or feeling pressure from an agent to go ahead and buy or sell your property in a hot market; doing so without a home inspection, could cost you ultimately in the long run. It is important when making such an important decision that you make the time for a home inspection.