Tag Archives: Residential Property Inspection

Residential Property Inspection: What You Need To Know

When you're shopping around for a new home, it is critical that you are aware of the condition of the property before finalizing your offer. A home inspection is a professional examination of the premises to provide information about its general physical condition and assess its basic livability. You'll not only get an idea of how well it has been maintained and what repairs or improvements might need to be made, but also be able to spot potentially expensive problems in advance.

A residential property inspection is an objective visual examination of the physical structure and systems of a home, from the roof to the foundation. Certified home inspectors look for any major problems that could affect the value or safety of the home. 

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Most inspections take place before a sale, but they can also be done during or after a purchase. An inspection is different from an appraisal, which estimates the value of a home. And it’s different from a home inspection, which is a detailed examination of a home’s condition.

Types of Inspections:

Pre-purchase inspections are conducted by qualified inspectors to assess the condition of a property prior to purchase.

Pre-sale inspections are conducted by sellers to identify any potential problems with their property before putting it on the market.

Routine maintenance inspections are conducted by owners or property managers to ensure that a property is being properly maintained and to identify any potential problems early on.

Post-renovation inspections are conducted by buyers or sellers to verify that all work was completed according to plan and that there are no hidden defects.

Post-disaster inspections are conducted by insurance companies or government agencies to assess the damage caused by a natural disaster or other events.