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Updated over 9 years ago on . Most recent reply

User Stats

75
Posts
24
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Dhanush Kondoth
  • Investor
  • Dublin, OH
24
Votes |
75
Posts

Should I do a professional inspection?

Dhanush Kondoth
  • Investor
  • Dublin, OH
Posted

hellol all,

My offer just got accepted for an REO. It's a 1950s built cape code style home on a slab with 1 floor. Things "look" straight forward as far as issues are concerned. I intend to replace all the mechanicals just to avoid future headache.

My question is,should I spend the $300 on inspection or should I just put that money into a good appliance for the kitchen?

By the way this is my 1st property and I plan to hold it as a rental. 

What do you think I might miss out on if I don't do a professional inspection?

Any thoughts and suggestions will be highly appreciated. 

Dhanush

Most Popular Reply

User Stats

214
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58
Votes
Russell Naylor
  • Colorado Springs, CO
58
Votes |
214
Posts
Russell Naylor
  • Colorado Springs, CO
Replied

Unless you are in work/trained in a field that would allow you to look at the same kind of things an inspector does, I would hire one. I personally don't, but I've been an insurance adjuster for years and know what all to look for. 

An inspector will be able to identify potential code issues, issues with foundation/framing etc, or just general things you may want to be aware of.  

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