You’ve heard the old adage that you have to spend money to make money, right? This concept applies to buying a home, too. When you choose a house, have it looked over by a home inspector. An inspection gives you the information you need to renegotiate the deal you’re getting on the house.
If your inspector discovers that your new home needs foundation repair before you move in, you can often get the seller to pay the cost of those repairs. The same is true for any upgrades the home needs to meet fire code. The inspection report is a great bargaining chip when you are discussing how much you are going to pay. A home inspection may cost a few hundred dollars, but it can save you thousands!