Path to Purchase Step 8

Inspecting the Property

Home inspections are an inexpensive but incredibly valuable way for you to find out whether or not your investment property prospect is worth the price (or the effort). Inspections not only allow you to do another walkthrough of the home, but with the help of professional inspectors and specialists like plumbers and electricians, you can see exactly what is wrong in a home, home much it will cost to fix, and whether the issues are large or small.

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Investment Property Inspections

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Inspecting a Crawl Space or Basement

Some investment property owners decided to forgo an inspection, but this is rarely recommended. Unless you have a wealth of knowledge on all things related to plumbing, electrics, carpentry, or construction, it is probably a good idea to go forward with an inspection. Plus, it gives you another reason to knock some dollars off of the initial asking price!

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