Home Purchase: Inspection of the Residential Building

12 February 2016
 Categories: , Blog

The cumulative price of purchasing a residential structure is high, but the investment is worthwhile if you select the right building. Therefore, it is important to engage real estate professionals to provide expert assistance during the process. You can choose a buyer's agent to act on your behalf during the property search and the actual buying process. This will limit the amount of time that you will spend viewing and comparing different homes. Alternatively, you can look for the property yourself and only hire an expert during the conveyance of the property. Regardless of the method, you must commission pre-purchase inspection before the ownership transfer of the building. Here are the main elements that you should ensure are scrutinised when buying your new home.

General Inspection

A general pre-purchase assessment of residential property is intended to identify most existing and potential problems in the entire setup. In simple terms, the inspector will visually examine the structural features and connected utilities and determine apparent problems. This process is not thorough because of the scope, but the inspector will be able to recommend repairs and improvements on any element that is out-dated or not in compliance with the building code. Common aspects that are evaluated during general inspections include plumbing, electrical, insulation and roofing.

Foundation Inspection

The foundation of the building is designed to provide support to the entire residential structure. Therefore, if this element is faulty, your home will experience premature failure, especially when the local region is exposed to inclement weather. The building inspector should make sure that the base of the house is not moving. If the soil around the foundation is loose, the structure will slide eventually and result in instability. The assessment should also confirm that there are no cracks in the foundation material because the cost of repair will be high.

Pest Inspection

Pest infestation can cause significant financial losses in property damage, and the process of removal and rebuilding can be expensive. One of the important pests that you should ensure are absent in the property is the termite. The insect feeds on wooden materials, so they will cause damage to timber decks, siding, sheds in the property, doors and wood flooring. The inspector will look for evidence of pest presence and any risk factors in the property. Moreover, they should also be able to identify past damage by the pests that compromises building value.

You should also request for specialised inspections for well systems, hazardous materials in old homes and septic systems in remote homes.