Should Buyers Pay for Independent Inspections in Colorado?

Published On: March 8th, 2016|Categories: Aspen, Blog, Buying, Tips|

should you pay for a home inspection - aspen homes for sale

Purchasing a home is one of the most important things you’ll ever do; for many people, it’s also the most expensive. You’ve searched relentlessly and finally found the home of your dreams. The seller has provided you with their home inspection report and it looks good to go.

Should you take their word for it?

Should Home Buyers Pay for Independent Inspections?

It would be in your best interest to have an independent inspector work on your behalf for a number of reasons. Home inspectors in Colorado are not licensed or regulated and there are no requirements to become one.

While your Realtor® will have a close network of inspectors he or she trusts, the person providing the report may not be on that list. You can also obtain referrals from family members and friends.

Prices for home inspections in Colorado average around $400. Some inspectors accept a lot less for their inspection and aren’t so thorough, while some are more costly and highly detailed. Are you willing to run the risk that the seller skimped on their home inspector?

When making a purchase offer, your Realtor can make it so your offer is contingent based on the revealing of the home inspection. If you decide to cover the added expense of an independent home inspection, you want to make sure all major areas of the home are covered such as the foundation, roof, electrical and HVAC systems. Having your own inspection will save you in the long run.

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