New Home investment

Safeguarding your Investment

Most of us think that the most important thing when looking for a new home is planning where you will place all your furniture. Although you do need to be able to see yourself fitting into your new home, having a pre-purchase inspection conducted is a lot more important. Although not essential to buying a home, it is recommended. Unless you inspect homes for a living, it is best to get an expert in. This is easily accomplished – simply choose a firm and set up an appointment.

The inspection itself is pretty simple to conduct and will not cause any damage to the home. During the inspection, the inspector will look for problems that exist and identify problems that may crop up later. They look for problems that affect the structural integrity of the home like damp, termites, etc. They thoroughly inspect the house from floor to ceiling and look for problems in all area of the home from the electrics to the insulation.

The length of the inspection depends on how big the house is, who is actually doing the inspecting and how the inspector conducts the inspection itself – some use specialised equipment, some use dogs and others rely on their own experience. You want to make sure that the inspector is quick but also thorough.

Most of the time, the home you are planning to buy will check out just fine but it is still worth taking the time to have someone professional inspect the house – failure to do so could end up in a major structural problem being missed. Missing a major structural problem will end up costing you a lot of drama and money in the long run. If picked up before the sale goes through, you can use it as a bargaining chip to lower the asking price of the home or you can make it a condition of sale that the problem is sorted out. Cosmetically the house may seem to be perfect for you but what lurks beneath?

Make sure to find a professional inspector that has a good reputation. Find out whether or not they are registered with any professional associations and whether or not they are up to date with current building codes. Be sure to ask what their inspection will encompass and how they go about detecting problems such as termites and damp. Do not be afraid to ask for referrals from previous clients to make sure you are getting the best building inspections – after all, this is a potential investment you’re talking about – you must vet it properly.