Property Inspection
Firstly, Property Inspection is a non-invasive, visual inspection of a building.
It is carried out by a fully qualified professional trained and experienced in evaluating buildings and their components.
The inspection is designed to provide you with all the information you need to make an informed decision about your potential purchase.
You will be able to walk away from the inspection with a clear knowledge of what major issues (if any) are involved with your property, and which items will need maintenance in the short and longer-term.
Importance of Property Inspection
Safety
A home inspection can detect safety issues and make recommendations for improvements to make your home safer.
Reveal Illegal Additions or Installations
In other words, A home inspection can reveal whether rooms, altered garages or basements are not constructed to code, which may indicate the improvements were not properly permitted.
If a house has illegal room additions that are un-permitted, it affects the insurance, taxes, usability and most of all the overall value.
In essence, a buyer is purchasing something that legally does not exist.
Even new homes with systems that were not installed to code will become the new homeowners’ financial “problem” to fix.
Protection
Home inspections help protect all parties of the transaction,
i.e. Real Estate Agents, Buyers, and Sellers, from future claims by disclosing information that may be unknown to the parties.
Hence, All parties are better off with full disclosure of the condition of the home’s systems.
Seller’s disclosure statements rarely provide all the information concerning possible defects and condition of mechanical equipment.
Sellers may not be aware of or have sufficient knowledge to disclose pertinent information.
