(Closed) House buying attempt #5. Inspector on a brand-new home? Loan points?Are we crazy

posted 5 years ago in Finances
Post # 17
Member
1614 posts
Bumble bee

We bought our home “pretty new.”  It was 3 years old.  They found in the inspection that the builders did not put in the proper number of vents in the attic and water was collecting during/after showers etc.  This repair fell under the home warranty and they came out and fixed it right away.  It would have been awful to get in and find we have a mold problem or water damage. 

My mom always says that the iinspection is your out–you always write in an inspection and financing contingency. 

Post # 19
Member
1987 posts
Buzzing bee

View original reply
bellanotte11 : Brand new houses can still have lots of issues, if the builder didn’t do something correctly.

Plus- as PP’s suggested it’s still your ‘out’, should something come back not to your satisfaction. I hope you wrote an inspection contingency into your offer 

Post # 21
Member
3679 posts
Sugar bee
  • Wedding: August 2013

You absolutely need an inspection, and you should check to make sure that your mortgage will go through if the appraisal price falls below what youre asking to borrow from the lender. 

Post # 23
Member
249 posts
Helper bee
  • Wedding: October 2015

I work at a residential builder company, most especifically the warranty department. All our houses are brand new and most of our customers decide to hire an inspector. Whether you need it really depends on you. If you have an eye for detail and have own a home before then you will know what to look after and wouldn’t really need an inspector. But I do recommend it since they tend to get up on the roof and inspect it and in case you have a roof leak, that tends to cost the most money, but it should be covered by the warranty (should, they’re all different). They tend to have different devices to properly measure the current on electrical plugs, things that home buyers wouldn’t normally do. Plus if in the future you have a problem with something that was on the original private inspection it puts more pressure on the builder to solve it faster and complete all the repairs. You can message me if you have any other questions now or in the future when you have your home. Home warranty is all I do, all day, every day 🙂 

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