Common mistakes to avoid
- Skipping the inspection to win the offer. It can make an offer look stronger, but it leaves you to find expensive problems after you own the home. The CFPB lists an inspection as a step to take before closing.
- Missing the contract deadline. Your right to ask for repairs or to end the contract usually has a time limit. Know the date and book early.
- Not going to the inspection. The report alone cannot show you how a problem looks or how serious it is. Being there is the best way to learn.
- Treating every item as a deal breaker. Nearly every home has a list of findings. Focus on safety and on costly defects, and treat the rest as maintenance.
- Assuming the inspector checked everything. A standard inspection covers readily accessible, visible parts of the main systems. Extras like radon, pests, sewers and pools are separate.