Buying a home is one of the biggest decisions you’ll ever make. A home inspection is a crucial step in the process, providing peace of mind and ensuring you’re aware of any potential issues before you commit to the purchase. However, it’s important to remember that a home is always undergoing use, wear, and tear. Even the most thorough inspection can’t predict every single problem that might arise after closing.
One of the most frustrating things for a new home buyer is discovering a significant issue shortly after moving in. This is especially true when the problem wasn’t apparent during the inspection. While it’s important to understand that unexpected issues can occur, an inspection warranty can offer additional protection and peace of mind.
Unexpected Issues After Closing – How an Inspection Warranty Can Help
While a home inspection is designed to identify potential problems before closing, it’s important to remember that things can change. Here are some common issues that may arise after the inspection:
- Appliance Failure: Appliances can malfunction after closing. This is often due to age, wear and tear, or hidden defects that weren’t apparent during
the inspection. Many purchase agreements include appliance coverage, but it’s important to note that this coverage may have age limits. Elite Inspection Warranty Program offers no age limit, providing additional protection for your appliances.
- Permitting Issues: Unpermitted work can sometimes surface during closing procedures. This can lead to delays, fines, and additional costs. While a warranty can’t fix permitting issues, it can provide some peace of mind knowing other covered problems won’t become financial burdens.
- Title Issues: Title searches can reveal unexpected ownership claims or liens. A thorough title search is essential before closing. While an inspection warranty is separate from a title search, both work together to minimize surprises during the buying process.
- Natural Disasters: Unforeseen events like floods or major storms can impact closing. It’s important to have homeowners insurance in place to protect against such disasters. While an inspection warranty won’t cover damage from natural disasters, it can help with covered repairs that may be needed after the impact of the event.
What You Can Do – With a Warranty
If you encounter an unexpected issue after closing, it’s important to stay calm and collected. Here’s what you can do:
- Communicate: Clearly communicate the issue with all parties involved, including the seller, your agent, and the inspector.
- Revisit the Inspection Report: Review the inspection report to see if any issues could have foreshadowed the current problem.
- Consider Your Options: Depending on the severity of the issue, you may have options such as repairs, price reductions, or walking away from the deal.
- Consult Your Agent: A good real estate agent can help you navigate unexpected issues and protect your interests.
Unexpected Issues? No Worries! Protect Your Home with an Inspection Warranty
It’s important to be prepared for potential problems when buying a home. While most issues can be resolved with clear communication and proactive steps, an inspection warranty can provide an additional layer of security. By understanding common issues that can arise after closing and taking steps to protect yourself, you can minimize stress and enjoy a smooth home-buying experience.
Confidence With Elite Inspection Warranty
With Elite Inspection Warranty, you can enjoy:
- Seamless Online Claim Submission: Submit claims 24/7 through our easy-to-use online portal.
- Expert Claim Resolution: Our dedicated, experienced staff will work diligently to resolve your claims quickly and efficiently.
- Data Privacy: We prioritize your privacy and will never mine your data or exploit your client’s contact information.
Consult with your real estate agent and inspector for further guidance, and explore how an inspection warranty from Elite Inspection Warranty Program can offer additional peace of mind during the home buying process.
