What to Know About Pre-Purchase Building Inspections

So, you have found a home that you want to buy? Do not purchase it in a rush no matter how many other buyers the real estate agent tells you there are who are lined up for the same property. Property is a significant investment only if it will not fall apart in a few days or a few years due to shoddy construction, pest infestation, and other structural problems.

The best thing to do when buying a property is to enter into a conditional contract where the buyer and seller will agree that the buyer will only buy the property if it passes the building inspection that such buyer will have a third-party perform on the property. This way, the home buyer can be sure that he is making an informed decision and worthy purchase.

Third Party Inspection

It is vital that a third-party will inspect the building to avoid self-serving reports. That is, if the real estate agent will provide a team who will examine the structure, it is more likely that the building inspector will come up with a biased report in favour of the real estate agent. Hence, the only legit way to do it is to have a professional pest and building inspection team perform the job. This way, the building inspection report provided after the inspection is accurate and it will be a reasonable basis for making a decision.

Conditional Contract

A buyer’s decision to purchase the house may change upon reading the building inspection report that the inspector delivers to you. A buyer may find that the building is poorly constructed or infested with pests. A conditional contract will give the buyer the benefit of terminating the deal because the report shows that the property is not what the realtor is promoting it to be. The condition will, of course, be that the buyer will not push through with the purchase should the report show that the property is not desirable. If the condition arises, the contract should be terminated.

Licensed and Insured Professionals

As a final caveat, the buyer must make sure that the home inspection will be done by a licensed and insured building inspector. This way, the building inspector can be held liable for any inaccuracy in the building report such as if the inspector failed to perform a competent inspection. The buyer will rely heavily on the inspector’s inspection report. Hence, such building inspector must be sure that he or she will perform a professional service.

If you are thinking of having a building inspection, then contact Premium Pre Purchase Inspections for building inspection services. They have been in the industry for many years and have done many inspections successfully. Their success is evident from the reviews left behind by the happy clients. Due to their excellent reputation, it’s apparent that they can be trusted. Visit their website and have an appointment scheduled.