Buying a new property is an important milestone in the lives of many people. And, because of the investment involved, they do not want to do anything to ruin that occasion.
Sometimes though, people unknowingly land themselves into trouble. Often the trouble they find themselves in is related to their failure to have the new property thoroughly inspected.
Even when things look perfectly fine to your eyes, there can be a lot of things wrong with the building that you aren’t able to see.
Only a professional, with an eye for this kind of work, can tell you exactly what the condition of the property is.
Hiring a building inspector before purchasing any property is a smart move. Not only does it give you peace of mind, but, according to Certified Pest and Building Inspection Services, it also gives you negotiated power in the sales process.
The building inspector’s report can give you the right answers and will be able to help you make the final decision.
After all, you wouldn’t want to invest money in order to rectify problems that weren’t even yours, to begin with.
It’s standard practice for buyers to bombard the hired building inspector with questions and you definitely should. However, the trick is to ask the right questions. If you fail to ask the important questions, your whole purchase process can be in jeopardy.
Here are five questions that you need to ask your building inspector.
1. Do you have the required qualifications and license?
Once you’ve found the building inspector you want to hire, make sure they have the right qualifications.
You may also want to see their license and make sure that they are registered with the concerned authorities.
2. How long have you been in the inspection business?
Practice makes man perfect’. To live by this motto is to admit that experience does count in deciding whether the building inspector is qualified enough to help you.
Ask for a few referrals and call them to make sure the inspector is as good as they advertise.
3. How much do you charge and what services are included?
This is extremely helpful for people on a tight budget.
Ask for the estimated amount and ensure that all the services you need will be included in their package.
4. What is included in the report and when will I receive it?
Ask for a sample report so that you know what to expect from the report. Go through it and add any other inspections that you would want to get done.
Get an estimated time of receiving the report so you know when you can resume the purchasing process.
5. What if my report reveals problems?
It will not be the end of the world. Each property has a fault or two, and as long as the problems you identify are minor issues that can be resolved easily, you don’t have to worry about them.
However, if the report shows something like poor electrical wiring or unhealthy mould, you might have to reconsider your decision to buy.
Once you have the answers to these questions, you can add a list of your own and ask them to conduct some specific inspections. Do consider the added cost though!
Image Source: By Michael Rieger (This image is from the FEMA Photo Library.) [Public domain], via Wikimedia Commons.