Top 12 Reasons for Building Inspection – Purchasing a house is full of excitement and apprehensions. It is the biggest investment in anyone’s life and involves tons of decisions. Your sweet-talking real estate agent will only mention about positives of a house while there can be many hidden major and minor building issues in the house. Even a minor defect can cost thousands of dollars and deplete all of your savings.
Building inspection provides you with a detailed analysis in black and white about the present, potential and suspected issues in a building. The inspection report can also help in negotiation and save you from a potential financial hole.
All these scenarios make building inspection sine qua non and here are 12 must reason for it.
Don’t judge a house from its beautiful facade and colorful walls. Excited buyer goes la-la over the external beauty but
forgets about the possibility of numerous hidden issues in the building.
An experienced building inspector conducts detailed scanning of buildings and provides you a comprehensive report outlining all major and minor issues in it. A professional building report can save you from a disastrous deal.
The building industry is infamous for dodgy builders and there are many builders who are involved in malicious practices to make quick bucks. These builders cover up their shoddy work smartly and an innocent buyer can fall prey easily.
A building inspection is an inexpensive tool to protect you from these dodgy builders. An inspector is trained to detect any covered up shoddy work and provide you with the report to challenge your builder.
We purchase houses for the safety and comfort of our family but sometimes the very house poses the biggest risk to our family. A house may have different hidden safety hazards such as loose staircase railing, defective swimming pool fence, sagging roofs, asbestos and many more.
A building inspection is a reliable method to highlights any present and potential safety hazards.
An average person cannot differentiate between cosmetic issues and serious defects. A minor cosmetic defect may turn out to be a serious money drainer, while on the other hand, a serious defect may look like a minor cosmetic defect.
A building inspection can reveal whether a defect is just surface deep, money pit or serious safety hazards. Based on the building inspection report, the buyer can decide to close the deal or walk away.
Structures are a serious matter for any building. Whole building depends on the structure and a minor defect in structure can lead to many other defects in the building. Structural issues are
A building inspection is a sure-shot way of determining the integrity of building structure. Usually, the inspector gives extra attention to the structure of the building.
Many houses have illegal extensions or installation and a potential home buyer does not have any way to find it out. Basically you are paying for something that does not exist. On the top, these illegal extensions may fetch penalties or you may have pay for the demolition of it.
A building inspection is a simple technique to find out illegal extensions or installations and their consequences.
Without a proper condition report of the house, it is impossible to find the valuation and without proper valuation, it impossible to do proper negotiation.
Research reveals that buyers with building inspection reports get a 6% better price than buyers
without a report.
Building inspection provides you with the necessary information to calculate the potential valuation of the house and this gives you an upper hand while negotiating with the seller.
Building defects are not only about money, but it also takes a great deal of energy and time to fix building issues. Searching and finalizing the right repairman is a daunting process. Time took off from your work also adds up to losses.
Building inspection provides you with the opportunity to ask the repair of the seller and save you from all the hassles of getting building issues fixed.
Building inspection becomes even extra necessary when dealing with foreclosed properties. Over time, these properties have developed many problems like mold, water damage, broken fittings, missing parts, etc.
A building inspection can save you from a potential sinkhole. Inspection report list all the defects in the property and you can estimate the cost of bringing the house back to a liveable condition.
Calculating the future cost of the house is important especially when managing a tight budget. A surprise breakdown may drain all of your savings or push you behind the repayment.
Building inspection protects you from unpleasant surprises and provides you with a complete list of issues. This can help you to estimate the repair requirements and future costs of the house.
As a house purchaser, you want to protect your investment to the best of your capability. The building inspection report is a valuable training resource and can suggest specific maintenance tips. This saves you thousands of dollars over a long period of time.
The building inspection report also helps in planning the repair of your house according to the requirement and urgency of defects.
The last must reason for a building inspection is its negligible cost as compared to the total cost of the building. A building inspection costs between $250 to $600 depending upon size, location, type of property whereas a minor defect may cost thousands of dollars.
The tiny investment in building inspection is justified by the value it provides in form peace of mind and information to make a decision.
As a home buyer, you are entitled to many different inspections including building inspection. Buyers who waive their right to having a building inspection often regret later. A little caution is better than repenting later.
The building inspection can reveal problems and save you tens of thousands of dollars down the road. Basically Home inspection report tells you what actually you’re buying. So whether you have purchased five homes or you’re buying your first home, a home inspection is highly recommended in every case.