@cicicents: part 1: you will need more money than you think! When we entered into contract for our first home no one told us that we would need to have 2-3x what we originally saved for these services! We thought we’d find THE house, go through the process once then live happily ever after! We felt caught off guard that we lost thousands of dollars with no house to show for it, just to start all over again. It feels like the end of the world in the moment to lose thousands of dollars, but it’s better to lose those few thousand up front then be stuck with a huge home rennovation project. Be prepared to lose some money, maybe even more than once. Just remember to build in a buffer of at least 2 rounds of inspections, appraisals, etc. #PersonalFinance #buyingahouse #budget #moneylessons #money
Losing $2,000 is better than buying a home that ends up needing tens of thousands of dollars in repairs. This is why I always communicate the potential risks to my buyers and encourage them to make informed decisions. Sometimes walking away isn’t a loss it’s protecting your future investment
2026-08-02 19:26:46
219
Jessica Vohs | KC Realtor :
Appraisals are typically done once you are past the inspection period for that exact reason… and 2000 for inspections? Someone ripped y’all off…
2026-08-03 14:44:24
16
Steve W265 :
You didn’t loose 2k. You purchased a very valuable education that save your thousands.
2026-08-03 01:55:21
42
skillz8999 :
lol I mean it’s the same thing as if you pay a mechanic $200-300 to inspect a used car. But if they find issues, you’ll be glad you don’t move forward with the purchase
2026-08-02 23:44:07
9
happyone1969🥓 :
In 2026 home ownership is a scam.
2026-08-03 00:19:07
10
Blondie :
You paid for a service that cost $2000
2026-08-03 09:34:02
6
SJ :
I think realtors need to be better at explaining this stuff to their buyers.
2026-08-02 23:52:51
6
Artesian golden Doodles :
Inspections are a scam
2026-08-03 11:55:28
0
Mando :
Worth losing that $2000 if it lead you to batter home with no major issues
2026-08-04 02:03:23
3
Cat Game :
who are you going to where you're spending 2-3k on an inspection 🤔
2026-08-02 19:50:19
4
spitfire0511 :
How did you not know this?
2026-08-02 22:34:08
13
christokopher :
The price of all of the exploratory costs when you’re just in the “shopping” phase is extremely painful
2026-08-02 15:46:46
5
shell :
if you backed out, you dont pay for the appraisal. It would be about 700 total for home and pest inspection. It's out of pocket but worth it.
2026-08-04 16:05:23
0
user4651236819656 :
What did you expect, the inspector to refund you?
2026-08-04 01:13:47
6
Lynda Zahn :
It’s very normal. It Aldi is why new buyers should not look at fixer uppers .
2026-08-02 21:54:20
1
Jburg :
Yes, that is correct when you pay for outside services so that does an appraisal or a Home Inspection those independent contractors who you hired for their time and expertise and labor. Do not refund you your money they completed their job.
2026-08-02 20:18:52
1
greenoutside 🍉 :
So don’t do it.
2026-08-03 07:27:59
0
monica helenske :
The appraisal has always been one of the last things done in any house I bought. So much can change the appraisal price between going under contract and closing. That is wild it was done prior to inspection.
2026-08-03 02:25:16
3
Shannon Freeman :
duh
2026-08-02 23:23:04
1
mnavarette :
That seller will have to acknowledge the damage to the next seller
2026-08-03 14:19:57
3
Miranda :
My inspection cost $250 or $350? I am confused at how you lost thousands
2026-08-03 21:21:46
0
Roblezzzzz :
That’s kind of common sense that you pay for a service one time and if you don’t go through with it, you can’t get your money back
2026-08-04 14:43:54
2
ledsela :
Same. Between the home inspection. Sewer inspection, roof inspection. Thank god I pulled out before the appraisal
2026-08-02 21:23:52
1
TexasMamaSellsHomes :
Why did your agent and lender have you do an appraisal before your option period and inspections were done first?
2026-08-03 00:25:33
1
Corington :
we paid 400 for an inspection and declined an appraisal. $400 was worth not getting stuck with a literal uninsurable death trap.
2026-08-02 22:53:24
1
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