Building inspections are an important process to follow when you are looking to buy property of any kind. As a property buyer or individual investor, it is not possible to assess the quality of constructions and safety of the structure you intend buying yourself.
Building inspections can help you in this regard. Furthermore, building inspections also serve several other purposes. They can help you evaluate the actual value of the property in concern too. If you are planning on getting a building inspection done, read on to know of the common mistakes that you should avoid.
Delaying it till the last moment
Typically, building inspections should be done before you begin serious discussions regarding the sale and transfer of property. Ideally, as soon as you shortlist a few potential homes you should seek the help of your real estate broker and get a building inspection done.
Based on the building inspection report, you can finally decide on which home to invest in. By delaying the process, you may face more hurdles later on. Furthermore, most property owners will not approve of you conducting an inspection after you have begun discussions on the property. They may feel that you wasted their time instead.
Leaving everything to the building inspector
As the potential property buyer, you must go along with the building inspector to get the inspection done. If you leave things to the inspector, you may face problems later. Building Inspections are thorough with their job. However, they don’t miss out on small issues.