Whether you are considering a home inspection for a property you’re buying, or one you are having built, hiring professional property inspection is the smart step before completing any house purchasing or building project. This process can potentially unearth problems and help you estimate repairs before you hand over your hard earned cash.
So, how does it work? A property inspection involves examining the structure of the house or building, as well as the systems within to make sure it is up to the standard required by the law. In terms of what it covers, a property inspection can also include the heating system, interior plumbing, floors, windows, attics and basements, among other things. The process of inspection can bring to light any repairs or maintenance tasks needed before you pay to purchase any property.
How can a property inspection save you time and money?
Since property inspections cost money, people are often tempted to skip the process, however they can save you money in the long term. Paying a little more up front for an inspection can potentially save you hundreds of thousands of pounds.
1. Unearth structural issues
Before you take the plunge and buy a new home or office space, a property inspection can uncover any issues that may add to your cost. While the price may seem a bargain, problems from termites for example can often add thousands of dollars in repair costs. Save yourself money in the long term by hiring a property inspector before you close on a purchase.
2. Check the quality of your construction work
If you are having a new property built and need to hand over payments to your contractors, then it is always wise to have the building site checked first. Ensuring that the work has been carried out to the highest standard will mean you are not faced with a surprise bill later to repair poor workmanship or get it up to the required standard.
3. Helps you negotiate the final price
It may be second nature to some of us to try our hand at haggling when making a purchase of any size, however, with the assessment of a property inspector you can add weight to your offer. Whether you are dealing with a real estate agency or a private seller, if the price seems a little steep, it probably is. If you hire a professional property inspector to evaluate the property as a third party, this will help you negotiate the price to a figure that is more affordable for you.
In addition to saving you money, hiring a professional property inspector can also save you time. This is because instead of you spending days going over every corner of the property, you can delegate this very important task to professionals with more experience.
Buying a home or property is usually the biggest purchase of someone’s life. Before taking the plunge and handing over big money, you should consider investing a little more short term and potentially save time and money long term. It can help you unearth any issues with the property relating to the structure or other systems so you can estimate any additional costs and purchase with the peace of mind that the property is really worth your money.
At Building Property Inspections we provide a wide range of services including property inspections, pest inspections and pre and post-purchase inspections. Get in touch today and speak to one of our friendly advisors.