The Importance of Inspections
Whether buying or selling a property, it is prudent to conduct a professional inspection. The inspector will assess the residence or commercial property from top to bottom, examining everything from the foundation to the roof, and identify any potential issues with the property.
Identifying areas of improvement
The inspector will review all critical systems from the plumbing, air conditioning, and wiring down to the fuse box, light switches, plugs, and appliances. The seller is required to fix any major violations, such as unsafe wiring, prior to closing. Minor imperfections, such as cracking paint or exposed drywall, can be used by the buyer as a bargaining chip in negotiations, so it is advised that the seller repair those as well.
Addressing structural problems
Most often, inspections reveal relatively minor problems that can be fixed prior to sale or deducted from the asking price. At times, however, major structural issues are unearthed, such as shifting or crumbling foundations. In these instances, the buyer and seller may split the cost of a structural engineer to assess the problem more fully and make recommendations for repair.
At several hundred dollars, the cost of a home inspection is a small price to pay for one of life’s biggest investments.
Ask the Professionals
Here at Bradford Real Estate, we evaluate each and every property we encounter with a critical eye. Whether as a buyer’s or seller’s agent, we assess cosmetic features and major systems and make professional recommendations to protect your interests.