Why It’s a Good Idea to Get Multiple Inspections Within Your Option Period
Hi y’all, I’m back with more food for thought on buying an old home! I hope my previous post didn’t scare you away from buying a charming “antique,” ha! Old houses have so. much. personality. I just want to make sure you learn from my mistakes! This week, I’m sharing why it’s a good idea to get multiple inspections on the prospective house within your 10 day option period. Oh and if you’re new here, I’m Jamie, I blog over at C.R.A.F.T. and I just bought a super cute 1940’s charmer!
You’ve finally put in an offer on the perfect house. You love everything about her. The big backyard is perfect for Fido and that herb garden you’ve always wanted. The street lamp in the front yard is adorable. This house even has a 2 car garage! You’re so freakin’ excited that the sellers accepted your offer. Now what? Now it’s time to do your due diligence. If you’re looking to buy an older home, I highly suggest getting extra inspections done beyond the one inspection required by the lender. By getting extra inspections on specific systems you could possibly save your self money and lots of headaches in the future.
1. Electrical system
The general house inspector will check your electrical system, and tell you things like you’re going to need to upgrade and ground your outlets. Assuming the general inspector tells you this, call an electrician and have him come and give you quotes. Exactly how much is it going to cost for new circuit boards, grounding your outlets, and switching all outlets from 2 prong to 3 prongs outlets. You don’t want to wind up having to use you computer in the bathroom, because that is the only place in the house with a 3 prong outlet, like me:
2. Plumbing system
If you have large trees on your property, please, please do this one. As awesome as large trees are, their roots are not so nice on your drains. Pay for a plumber to thoroughly inspect your drains. They will snake a camera down there and easily be able to detect if roots are a problem or a potential problem for your home.
Since older homes were not built to accommodate an air-conditioning system, it is important to make sure that yours is up to code and will cool and heat your house efficiently. How old is the system? Is it working like it is suppose to? Is it the proper size for your house?
These extra inspections might cost a couple hundred bucks a piece, but will potentially save yourself thousands in repairs. The findings from the extra inspections could potentially be awesome bargaining tools to get more money off of your home. Cheers to happy (old) home buying! Oh and if you liked this post, check out “You know you live in old house if…” and see what we found hiding under our 1946 beaut!