Purchasing a property for commercial or residential purposes involves heavy financial investments that have long-term implications. With this in mind, many people the cost of pre-purchase building inspections as too great of a cost that they simply decide to skip it. Others, however, consider it a waste of time, and in their rush to get the deal purchase deal concluded, they decide to skip it as well.
However, skipping a pre-purchase building inspection can prove to be quite costly in the long run. Considering that you have to invest your hard earned money on this investment, you need to protect your money as much as possible. Herein are some of the persuading reasons you need to have pre-purchase inspections conducted.
Check The Structural Soundness Of The House
While a property may look sound, the underlying state of the property needs to be sound. However, determining the underlying state of the house is not something done by simply looking at the house from the outside. This requires professional input from an inspector who knows the various elements that determine whether a structure is sound or not.
Additionally, it is the unseen bits of the house, such as the foundation and the roofing structure that play the greatest role in keeping the house in good condition. Unfortunately, these cannot be determined from the outside but require thorough study from the inside. Pre-purchase building inspections make it easy to understand how sound the entire structure is.
Check For Illegal And Or Dangerous Extension
Purchasing a property also means that you take responsibility for everything within the property. As such, you are better served by knowing whether the property in question has any illegal extension that might break the law before purchasing the house.
However, more important is the need to determine whether any existing extension is a threat to the safety of the property occupants. For your safety as well as the safety of other people, it is important to have a complete picture in as far how safe the various bits and parts of the house are.
Determine The Number Of Repairs Needed And Evaluate The Cost Of Repairs
Another important aspect of having pre-purchase building inspections is to determine a number of repairs that your house needs. For the most part, most of the properties on the market will require repairs here and there.
These repairs will obviously cost money, which as a home buyer or commercial property buyer you should understand. The only feasible way of attaining this knowledge is to bring in a professional pre-purchase inspector to determine the bits that will require repairing as well as the amount of money you will have to spend on the repairs. some inspectors will also to a pest inspection.
This understanding gives you the comprehensive cost of owning the property. Additionally, you can use this information to negotiate a better deal for the property, which is always a good thing.
Determine Whether The House Is Safe For You And Your Family
For homeowners, it is of utmost importance for them to understand how safe the house is for their family. Unfortunately, taking a stroll around a property is not enough. You need to get into the details of the various features in the house.
As such, consulting professional to determine the unsafe areas of the house is very important. For instance, experienced professionals will have an eye for the unsafe material in the house such as asbestos, the carcinogen material that poses a grave threat to many homeowners.
As you can imagine, nothing beats a professional eye when it comes to determining whether the house a prospective property owner is about to purchase is truly worth the money they are about to shell out.