Why You Need a Pre-Purchase Property Inspection
Many people look forward to owning their own homes. As with other investments, buying a home comes with risks and thus necessary for prospective owners to find whether it is worth the money. Hiring a pre-purchase property inspector will help determine if the property is safe and if it has any defects.
Identify Common Defects
Common defects found in previously owned houses are insect infestation, mixed plumbing, foundation cracks, faulty air conditioning compressor, chimney separation, leaky pipes, aluminium wiring and so much more. It is very important to be aware of any problems before purchasing and the cost of the repair by having a pre-property inspection carried out. This not only gives you peace of mind but enables you to make an informed decision.
Not Everyone is Honest
When buying a home, you take a lot of considerations on the design, quality and strength of the structure. Many sellers tend to hide the faults in the home and quote a price that is higher than the actual value. This leads to a lot of headaches and stress when everything begins to fall apart. A pre-property inspection can greatly help you save money as it requires a thorough inspection from the foundation to the top that reveals the concealed faults. Moreover, this will help you negotiate the price or have the sellers leave money in escrow to cover the repairs. The time and money that you spend in an inspection is determined by the size and age of the home but could save you much more in the future.
The scope of a pre-purchase property inspection involves exterior areas such as roofing, chimneys, gutters, doors, wall surfaces, downspouts and foundation. On the other hand, interior areas such as insulation, plumbing, electrical, heating, ventilation, ceiling, walls, windows and doors are also evaluated. As the inspection is taking place, you need to ask about the problems, signs to watch out for, and measures to take to prevent them. You should also learn how things work and proper maintenance procedures.
Choosing an Inspector
When choosing a pre-purchase property inspector, you need to get referrals on someone with skilled experience. Also look for an inspector who is certified, professional and adheres to high business ethics. Moreover, adequate training and qualifications with strong affiliations with industrial associations will prove the inspector is equipped for the job. There so many inspection services available thus adequate research and consultation is necessary to acquire someone who will act in your best interest. Once you draw up a contact ensure that you are there for inspection as well.
A pre-property purchase property inspection is one of the best protection strategies that you can take for a safe and happy home for your family.