- Full information about the house:
2. Shields you against poor real-estate decisions
As stated earlier that an inspection would make you aware about the flaws of the building therefore based on the result of the inspection you can decide whether to buy the property or not. If there are fewer flaws and they can be overlooked, then you can go ahead to purchase the building but if there are major flaws that are beyond repair then you can skip buying that property. This way a close inspection can help you to take a better decision.
3. Use the home inspection for negotiations.
After analyzing the result of the inspection you can use the negative points in negotiating the price of the house. If there are repairable issues such as chipped wall paint, broken window panes, etc. then you can ask the seller to give you some sort of discount on the overall price of the house.