Never Buy a House without a Home Inspection
Buying or selling a property is a serious business, and these transactions need to follow many different laws and regulations. There are good reasons for the myriad of regulations governing property transactions, and these laws aim to protect both buyers and sellers.
Regardless of all the protection measures in place, buyers and homeowners can still suffer severe damages, sometimes only long after the transaction has been completed. Such damage often originates from defects on the property, defects that are not always visible to the naked eye. That is why you need to hire professional inspectors to perform a building inspection before any property changes hands.
In most cases, it’s not feasible to use a single expert or contractor to perform a thorough evaluation of a house. Different experts are typically needed to assess various aspects. In most cases, an independent and experienced realtor or property lawyer will be able to provide valuable advice on contractors that can be trusted to perform these examinations.
When thinking about house evaluations, matters such as plumbing and wiring system immediately comes to mind. One of the most necessary inspections that should be performed regards the legal aspects of the property. Many people are caught by surprise to learn just how many properties are sold by individuals who had no legal rights to perform such transaction. A legal expert should also be asked to check the boundaries of the property and the legality of later additions, such as outbuildings and summer houses.
Many reputable construction companies and independent assessors are qualified to judge the structural quality of a building. In some cases, specialised equipment and instruments are necessary to perform these tasks. Aspects such as the condition of the flooring and walls, drainage, insulation and should be considered. It is also vital to check for termites and other potentially harmful infestations. Many defects are covered up by plaster or other superficial coverings.
Fittings, fixtures and essential systems should also enjoy meticulous attention from experts. In the case of plumbing, it is often difficult to determine the quality of the system, especially if most of it is underground, but specialists can make reasonable deductions. The condition of wiring and electrical fittings is critical, not only because they are expensive to repair or replace, but also because they may pose a fire hazard if not maintained properly.
When dealing with professional home inspectors, it is always important to make sure you know why you are paying for their service. It is, therefore, necessary to ask for a written quotation and that this document specifies what services they will render. Always ensure that a written report is available after the building inspection.
This inspection report in details can turn out to be rather costly. These reports can be extremely helpful when negotiating with the seller or buyer. In some cases, it would be possible to secure promises of repairs by the seller, and it’s a chance to negotiate a lower purchase price.