Why Home Inspections Are Important

Why Home Inspections Are Important

Not only will this ensure that there are no nasty surprises awaiting you once you move in, but it also gives you a clear picture of the property’s condition before you buy it.

Simply put, a home inspection is a thorough report of the property’s condition, from the roof to the inside of the roof, to the walls, plumbing, electrics, boundary walls, outbuildings etc.

Buying a home is one of the biggest purchases anyone will make, yet a buyer’s first call to action is seldom to check the health of the house before signing on the dotted line.

 

When applying for a medical aid, often applicants are asked to get a medical check-up before the medical aid will accept them. This helps the medical aid company determine whether there are any pre-existing issues they need to cover going forward.

Likewise, one should do the same when buying a house. Not only will this ensure that there are no nasty surprises awaiting you once you move in, but it also gives you a clear picture of the property’s condition before you buy it.

Anchor Property Inspectors shares some home inspection tips…

What is a home inspection?

A property inspection is to be carried out by a certified property inspector.

Simply put, a home inspection is a thorough report of the property’s condition, from the roof to the inside of the roof, to the walls, plumbing, electrics, boundary walls, outbuildings etc.

The report will determine if there are any noticeable defects around the property including any damp, water leaks and issues with drainage of storm water, just to highlight a few.

What happens if you find defects?

Should anything of concern come to light, you’ll have the opportunity to put in a lower price offer as you have to carry out the repairs. Alternatively, you could also insist that the repairs be made a condition of the sale to get those matters attended to before you move in.

Too often, new homeowners move in only to find a 'can of worms' that was not disclosed or attended to before the old homeowners moved out. This then leaves them with the repair bill.

Not only does this not go down well with the new owner, but it also puts the estate agent in a spot for not disclosing the problem area before the offer to purchase was made.

In some cases, it may be a clear oversight that was never brought to light due to a cupboard being in the way, but in a lot of instances, defects are not disclosed to the agent because the seller wants top price for their property at the expense of the new owner.

To avoid these possible issues and to ensure that what you’re buying is in a fair condition, buyers need to hire a home inspector.

Benefits of having a home inspection

The home inspection is not only carried out to detect issues of concern but it’s there to give you peace of mind knowing that you’re not buying a 'lemon'.

The property inspection report together with the electrical compliance and gas certificates are required when applying to the bank for financing. These may help you secure a bond from the bank as well as help them appraise the condition of the house prior to the evaluator going to the property.

The bank's evaluator is not an inspector and does not have sufficient knowledge in this area, however, the inspection report will add credibility to the value of the property.

Once you have the inspection report, you can hand it over to your insurance company and put out a warranty on the house. Alternatively, you can simply give it to them to show that there are no defects noted in the report, which could possibly persuade them to give you a better premium.

Article from property24