In this month's home inspection picture we see a very wet crawlspace with damaged insulation. Several animals appeared to call this crawlspace "home"
Tupelo Home Inspections - Home inspections are a very important part of the home purchase process, but unfortunately it is often one of the most neglected in some ways.
I have seen many people spend hours, days, and sometimes weeks searching for the best interest rate on their mortgage. Afterward, they spend much time debating on when to lock in on a certain rate and other items in the mortgage process. But then those same diligent, thorough people spend just a few moments talking to a home inspector before they hire them. So what does that mean?
Let's look at that from a strictly financial standpoint. Here is some math (skip to the end if you'd like). As of the writing of this home inspection blog, the average rate on a 30 year fixed is somewhere around 4.25%. If you spend a week shopping for the best rate, you may get 4.0% (FHA, VA, and other rates are much better, this is just an example). That saves you about $20 per month (on a $150,000 loan), which is about $240 a year. If you multiply that over the course of the loan it ends up being $7,200.
As you can see, it is a very important thing to do, but think about this though - that is the cost of an average roof nowadays, the cost of a good heating unit plus some work, and only a fraction of a structural repair or other problems. If you hire a home inspector that misses things and does not do a thorough home inspection, then what cost you more, your loan or your home inspection? What should you spend more time researching? What is going to cost you more now?
Thinking about things that way can help us see the value of a good home inspection by a thorough home inspector. Home inspections in Tupelo MS take a certain type of home inspector who is experienced and dedicated.
If you need a home inspection in Tupelo, contact me, I will be happy to help.
Home Inspections and Home Inspectors in: Tupelo 38801, Tupelo 38802, Tupelo 38803, and Tupelo 38804
Ruff, Certified Professional Home Inspector