There are so many small details involved in the final purchase of a home that it can be easy to lose track of the things that need to be done. While you won’t be able to forget about a home inspection, a pest inspection can be every bit as important before you sign on the dotted line. If you’re wondering why you shouldn’t forego this important step, consider the following information.
The Final Offer
Few people want to deal with problems, especially when it comes to their dream home. But the entire purpose of a pest inspection is to ensure you know about these problems before you sign on the dotted line. If pest issues are discovered, you’ll still have some decisions to make as to how you want to proceed. You can push the problem back to the homeowner to deal with, or buy the home knowing about the pest issue and use it to negotiate a lower price.
Insurance May Not Help
Homeowner’s insurance will cover your home and belongings in the event of a natural disaster, fire or flood. And in some cases, your policy will cover damage due to pests. However, much of the rot and other damage that pests cause occurs over a long period of time. In these cases, your insurer may not cover the damage, or you may be on the hook for a significant deductible. In any case, your policy may require that you get an inspection when you purchase the home so be sure to check with your insurer.
Feeling Home At Home
Much like experiencing a burglary, discovering a pest problem in your home can be an unsettling experience. Unfortunately, if you’ve just moved into your new home, it can be even more difficult to get comfortable if you think pests are crawling around. It’s important to schedule a pest inspection so you can be sure there are no impediments to enjoying your new home. Yes, it’s one more cost involved before the deal is sealed, but the money spent will be well worth your comfort.
These are just three of the many reasons to invest in a professional pest inspection when buying a new home. It’s a small price to pay to ensure that your home is free of damage-causing pests. If you’re currently getting ready to invest in a new home, contact your trusted mortgage professional for the inside scoop.
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About the Author:
Babak Moghaddam graduated from University of Southern California in 1985. He entered the mortgage industry as a compliance auditor at the Bank of New York in 1986 and completed his masters in Business Administration two years later. After seventeen years in the traditional mortgage banking world Babak finally transformed this vision into his own practice in 2002 when he formed Charter Pacific Lending Corp, a mortgage company that has provided over $900 Million in residential real estate loans throughout Southern California. Babak and his team do things a little differently than other mortgage providers. They work as financial advisors, because they have come to realize that a mortgage is a very powerful financial tool. And just like any other financial tool, it should be managed as part of the overall financial management plan to reach every home owner’s long and short-term financial goals much faster. You can contact Babak for a free consultation and strategy session at (800) 322-1217 X103.