Real estate agents go to inspections all the time, and work with various inspectors and companies. Sometimes we may assume that our buyer knows the ins and outs of the inspection process, but we probably should not. Here are some common myths about the inspection:
Pulled from Realtor.com
Myth: The inspection report functions as a list of repairs the seller must complete.
Truth: The seller can choose to use the inspection as a repair list or as a negotiation tool to move the deal forward.
Myth: The home inspection will go fine without your presence.
Truth: You don't need to be there, but it's a good idea and a great way to learn how to operate systems in the home and understand its condition. It also lets you ask the inspector and seller questions.
Myth: You don't have to bother getting a home inspected if it's being sold "as is."
Truth: A home sold "as is" should certainly be inspected, so as the buyer you know exactly what "as is" means. These homes aren't being sold free of defects, only with defects left unrepaired. Many states require the seller to disclose known defects or other conditions that could affect the value of the home, but impose no further obligation.
Myth: A termite inspection is enough.
Truth: A home inspection covers more than looking for termites. Home inspectors look at the home's entire structure and all major systems, such as plumbing, electricity and any internal climate control systems such as heating and central air. If a home inspector does find potential termite problems, or other issues that are dealt with by specialists -- such as chimney or structural problems -- he or she will recommend a qualified inspector.
Myth: You don't need to have an inspection for a newly built home.
Truth: This could be one of the costliest myths of all. A recent Consumer Reports investigation found 15 percent of new homes sold had serious. In another study, 41 percent of the homes examined, constructed by various builders, revealed problems such as mold and moisture. And 34 percent had frame and structural problems.