The Value of Pre -Purchasing Building inspections

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The Value of Pre -Purchasing Building inspections

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A pre-purchase building inspection is quite simple. It is a non-evasive visual inspection of the building. The purpose of this procedure is also simple. It is done to assure a potential home buyer that they will be buying a house free of any apparent structural damage or problems. It is a house version of "test driving" before buying. What inspectors will be looking for is to see if there are any major damages to the house. – PowerPoint PPT presentation

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Title: The Value of Pre -Purchasing Building inspections


1
The value of Pre-Purchase Building Inspections
2
A pre-purchase building inspection is quite
simple. It is a non-evasive visual inspection of
the building. The purpose of this procedure is
also simple. It is done to assure a potential
home buyer that they will be buying a house free
of any apparent structural damage or problems. It
is a house version of "test driving" before
buying. What inspectors will be looking for is to
see if there are any major damages to the house.
3
Most pre-purchase building inspections will look
for minor and major defects. The thing to
remember here is that no house or building is
perfect and there will always be one problem or
other. The question the new buyers will have to
ask themselves is what type of problem can they
handle or deal with. There will always be
unexpected repair issues with any used building.
4
The buyer's real concern should be to find out if
there are any serous problems with the building
that could affect its market value, or worse,
cause injury or harm to its occupants. A building
that measures around 2000 sq ft, the inspection
cost can be anywhere from 200 to 600 dollars.
Inspections should always be done by a
professional who follows nationally accepted
Standards of Practice and Ethics agreement.
Usually the inspector is not required to do
anything that may be potentially dangerous, such
as dig around to inspect plumbing and walk on
pitched roofs.
5
The job of the inspector is to look at the entire
building from the foundation to the roof top.
There will be hundreds of details to look into
and the time it takes will depend entirely on the
age and size of the house. Older houses will more
likely have outdated items which will need more
time for a thorough inspection. In most
situations it is not possible to inspect every
little item of the building.
6
In this case it will be clearly stated in the
contract and the reasons will be given. The best
thing to do in this case is to talk to the
inspector directly and get any doubts cleared.
The buyer should also understand that home
inspections are only a visual examination of the
house, not a guarantee or insurance policy.
Mechanical accessories can fail at anytime after
purchasing the building.
7
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