A property inspection is a systematic, detailed visual inspection of your property, its design, structures, and fixtures. It's designed to provide you with a clear understanding of your property's vital signs and conditions.
Once your property inspection is completed, you'll receive a report outlining, in detail, a visual blueprint of your property, and any areas that require special attention will be highlighted.
Today, we'll take a look at why it's so important for you to get a property inspection as a South African homeowner.
Why You Need an Inspection
There are many reasons why property inspections are important, but the main reason is that the purchase of a home is perhaps the single largest investment you'll ever make. You want to make an intelligent decision based on all of the facts you know about the property before you purchase. The last thing you want to do is waste money on costly disputes or repairs.
After a property inspection has been conducted, you will be left with a much better understanding of the property, allowing you to make a more confident buying decision.
As a homeowner, getting a property inspection will help you identify problems early on, so that you can take the proper preventative measures to avoid unnecessary costs in the future. What's more, if you're selling a home, then you can have an inspection done prior to placing your home on the market.
This provides you with the distinct opportunity to make the necessary repairs to put your home in better selling condition while also mitigating any unfavourable accusations from a buyer.
Performing Your Own Property Inspection - Is It Possible?
The majority of buyers find it extremely difficult to remain totally unemotional and objective about the house they really want, which can influence their judgement. On top of that, the average buyer simply does not have enough knowledge to take on all of an inspection's technical aspects.
If you want to get the most objective, fair, and accurate idea of the property you wish to buy or sell, have a third-party inspector give you their honest opinion.
Failing an Inspection
A professional property inspection is a test of the condition of your prospective home. It's not an appraisal because it's not determining the value of the property, and it's not a municipal inspection since it does not verify the property's local code compliance.
So, a property inspector will not fail or pass a house during their inspection but will rather describe the home's physical condition and explain some potential areas of concern to you. If your inspector does tell you that the house 'failed', they might not be the most reliable inspector on the market.
Property inspection is an important part of buying and selling property, and as a South African homeowner, it's essential that you have your property inspected by a professional.