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Published On: Mon, Jul 17th, 2017

5 Reasons You Must Opt for a Pre-Purchase Building Inspection

Buying a property is a mammoth of a task. You need contact real estate executives, see different properties before you find something likable, talk to the bank, tend to the paperwork and so on. While all these are parts of the project that you must complete, there is another part that is more of choice and often gets pushed to the background. This is getting the building inspected before you invest in it. Yes, it is a choice, but it is highly advisable to go through with it.

photo/ ClkerFreeVectorImages via Pixabay.com

There are many important reasons why you must get a building inspected before you buy it, of which some of the major ones are:

  • When people purchase a house, never in their wildest dreams do they think that there is a high possibility that the building may have a serious structural problem. It can cause safety issues and may even collapse, thereby endangering the people staying in it. Moreover, structural problems are almost impossible to repair from the outside. Thus, to save yourself much headache, later on, you must opt for building inspections before buying it.
  • Often people think that it is okay purchase a house that needs a bit of repair work as it is available at a discounted rate. However, skipping the inspection means you are taking the risk of having to spend heavily on hidden maintenance jobs later on. The inspection provides you with a clear idea of exactly what needs to be repaired and how much it would cost. There onwards, you can make an informed decision regarding the purchase.
  • Many old houses have faulty electrical wiring that can pose a serious threat of electrocution and even fire. In case, the vent does not have an advanced fire protection system; a fire related accident can end in massive damage and even casualty. Thus, it is wise not to risk such huge losses. Get the building inspected to ensure that electrical wiring and fire protection systems are all up to date and fully functional.
  • Some buildings have particular unstable or unsafe zones. There may be loose asbestos, missing balustrades, cracked walls, loose floorboards which can potentially cause accidents. An early inspection can help you get such issues fixed before you shell out a fortune for the property.
  • A complete evaluation of the house is also necessary to ensure that it is in line with all the rules and regulations. A possible, as of yet, an unknown legal loophole can not only cost you a significant amount of money but also make you end up in the soup later on.

A pre-purchase inspection of a building acts as a snapshot in time. The service does not just identify hazards and issues that need to be addressed before the house can be sold or acquired but also provides you with a clear picture of the condition of the property that you are getting. In a way, it makes your investment worthwhile and helps you ensure that you are getting a property that you can use for a long time to come.

Author: Charlie Brown

About the Author

- Outside contributors to the Dispatch are always welcome to offer their unique voices, contradictory opinions or presentation of information not included on the site.

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  1. […] for the seller not to want this review, and it’s in your best interest to find out why. By having the home inspection, you protect yourself from loss of value further down the road, and from finding things that should […]

  2. […] 5 Reasons You Must Opt for a Pre-Purchase Building Inspection […]

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