Purchasing a home can be stressful with all of the factors that go into it, especially in hot markets like Boca Raton and Pompano Beach, Florida.
Luckily, finding a home inspector that will give you a quality home inspection report will make the process a little easier, and give you important insight into the home during a real estate transaction.
Home inspectors in Florida are required by the state to be licensed inspectors. Many Boca Raton and Pompano Beach home inspectors follow a specific Standard of Practice set forth by associations like InterNACHI, which are guidelines they follow during the inspection process.
Each home has specific systems that will be looked at during the home inspection to make sure that the home is safe. These specific things are also looked at to make sure that you are purchasing a home without any hidden problems.
During last year in 2019, the Boca Raton and Pompano Beach market was a seller’s market, making it hot and competitive for home buyers in the area. Home values rose by 3% during 2019, but are predicted to fall by 1.8% during 2020. This is most likely due to COVID-19, and is a trend that is happening to almost every market across the country in 2020.
The bottom line for Boca Raton and Pompano Beach homebuyers when it comes to sale negotiations is that you still won't be able to ask for much after getting your home inspection report, because of the nature of the market and the ratio of buyers vs homes for sale.