I lived in a rental home for around 8 years and am currently negotiating the cash purchase of it. Because I've lived here for so long and (this is my first home purchase),I'm very familiar with the condition of this house. Is a home inspection really necessary and a good idea? The home was built about 30 years ago. There are no visible signs of mold or termites, the interior is generally sound. Because its a condo the roof / outside isn't our responsibility to maintain. Internally, there are no signs of anything other than a few dry cracks here and there - no odd smells or otherwise.
I appreciate any suggestions on if it makes sense for us to still inspect the home we're buying? My logic is, we know the home so well b/c we've lived here so long - how much would inspector know beyond what we already know? If yes, should we go for a basic inspection or a thorough inspection for mold and termites as well?