A property inspection is basically a visual inspection of a property, often in relation to the selling of that property. Many home inspectors are qualified to conduct these inspections, who have the proper training and credentials to do such inspections on a regular basis. A professional property inspector will carry out this inspection in order to find problems and areas of concern that may impact negatively on the resale value of your property. One such area of concern would be structural issues. This type of issue would usually need to be corrected prior to the purchase of your property.
If you have purchased a new property for your home or property, one of your first tasks should be obtaining a property inspection done on it. You should always seek advice from your real estate agent when searching for a qualified inspector to carry out this inspection. Your agent will have an idea of several qualified inspectors in your local area. If possible, they can recommend one who can inspect your property and give you an honest opinion of its condition. The inspection report is often used as part of the valuation when selling a property.
When you first approach the property inspector, he/she may offer you a free detailed report, which should be compared with pictures you may have taken during the inspection. You may also be requested to produce other related documents, such as plans/buildings plans, structural plans, engineering drawings, etc so that you can provide the information the inspector needs. The inspector may request additional photographs from you if you think they may be useful in helping him/her with their report. Remember, the purpose of the inspection is to provide you with the most objective view of the property, so be as thorough and detailed as you can.
Once your property is inspected, a list of any repairs that need to be made, and their approximate cost, will be provided to you. The inspector will then discuss these repairs with you and advise you on how to make them, if necessary. They may also suggest other ways to improve your home’s condition that are not listed in their report. Sometimes they may even suggest that you should replace some items, or that you should change or repair something that has broken or damaged already.
A property inspector is well trained and knowledgeable about property matters, which is why it’s important to hire only the best. Do not allow yourself to be fooled by what you initially see in the inspection report. A good inspector does his/her homework before presenting their report to you and is thorough in their job. Hiring someone who does not pay close attention to details and is lazy will leave you with a lot of costly repairs, which will cost you even more money than the actual value of your home.
Another thing to look for in your prospective property inspector is their licensing. If they are not a licensed real estate professional, you may want to consider hiring someone who is, so that you are guaranteed that they are doing what they are paid to do, which is to inspect. A licensed property inspector will know their limitations and not waste their time on those properties that do not need as much attention as those that do. Always take a little time to ask your potential inspector any questions that you have in order to make sure that they are qualified to handle your home’s property in the way that you expect.