Buying a home is an emotional process – even when the purchase is meant purely as an investment. You can still drive down the street, spot a lovely two-storey home with a nice little yard and fall in love with it. Some properties tend to have that magnetic appeal that you just can’t help yourself and before you know it, you’re making an offer.
But hold the phone. You don’t want to commit to a down payment without knowing what you’re actually buying. You’re going to want a proper and professional building inspection. Property investors do so because it assures them that they are purchasing a house, a flat, or commercial property in top condition. It tells them whether they should buy the property or not, and this decision will be based on the inspection report.
The inspection report will contain detailed information regarding every aspect of the property, from the interior to the exterior parts. The report will cover critical areas such as roofing, walls, electrical, plumbing, foundation, gas, and anything related to the structural condition of the property.
The report may also include information about the fittings such as air conditioning systems, heaters, doors, windows, and even determine if appliances are in working order. Assessments regarding the safety of the property will also be detailed in the report.
You should receive details on the defects, if any, from the possible cause to the level of defect. Photographs will be taken of the broken or defective parts. Your inspector will offer recommendations in the report as to how such defects may be resolved.
Do expect also that some building inspections companies carry out will be limited. The areas that weren’t examined should be included as well in the report, detailing inaccessibility to parts like the roof space. Aside from inaccessibility to certain areas of the property, know that a building inspection is separate from a pest inspection. With this, you will want to get the property inspected for pests, too.
When the inspection report reveals problems with, for instance, the electrical system or termite infestation, it will be up to you to decide if you still want to go ahead with the purchase. The building and pest inspection experts provide can only give you recommendations, not offer up opinions. So make sure that the report you receive will be easy to read and comprehensive so that you’re able to make an informed decision.