Published at Monday, April 02nd, 2018 - 13:40:02 PM. Home Insurance. By Durand.
Excerpt from Home Inspector Insurance Cost - A Cheap Form Of Insurance :
home inspector insurance cost. But wanting to do everything on his own...he made a common mistake that many first home-buyers make. That's right -- he bought it without having it inspected by a certified home inspector. First, he noticed the little quirks about the house... like how the doors and windows didn't close properly. Then there were the drafts in the winter that could not be sealed. Finally, there was the old "marble on the countertop test". You would not believe how fast it rolled down to the other end and under the fridge. It turns out that the builder would not have won any ethics awards. Instead of dumping all of the construction garbage...he merely buried it of all places...under the front right corner of the house. As you can imagine, after a few years the garbage began to decompose & the house began to settle. And settle it did. Believe it or not... upon closer examination I found that I could stick my entire head under the foundation at one place. Unfortunately for him, it was a very expensive lesson. A lesson that cost him over $32,000 of lost appreciation when it came time to for him to sell. For you see, this house had some major structural problems. Problems -- that could only be fixed by driving (4) concrete filled posts into the ground 80 ft deep and jacking up the entire house.
You are buying your first resale home. It looks great with a fresh coat of paint on it -- so why bother getting a home inspection? I'd like to tell you why...because a home inspector insurance cost is a cheap insurance. Think about it ...Where else can you get the value you get from a $300 -$400 home inspection? Have you ever actually thought about all of the hidden things that could be wrong with a resale home -- things that an untrained eye can easily miss? You would be surprised how many times a few hundred dollar investments have saved a first-time buyer from getting stuck with a house that was a potential nightmare of an investment.
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