Making The Most Of Effective Property Inspections
A property inspection is a critical step that provides immense benefits for buyers when presented with numerous options and narrows their list down to the best ones that match their needs and preferences.
Whether they are planning to buy or just check out any property, the inspection allows them to take notice not only of visually-appealing features but also helps uncover details that cannot be found on the surface.
To help with the inspections process, here’s a six-point checklist to use as a basis for viewing or inspecting any property being considered.
Walk around the property
One of the proven and practical ways to physically and visually check the condition of the exterior portions of the property.
This helps buyers see signs that could help buyers plan to decide whether to make detailed or thorough inspections of areas that catch their attention during the walkthrough.
Take note that signs of exterior damage can also indicate potential and visible defects beneath the surface that tells buyers if they have seen enough or need to push through further.
Do not be reluctant to spend time on thorough inspections
Buying property is a major decision and demands due diligence not just in research, but requires making smart, practical, informed, and realistic goals and situations.
Do not feel rushed or pressured when making an inspection and contemplating on next steps that will help buyers decide to push through or forego the purchase.
Studies show that when people spend more than 90 minutes inspecting a property, they will be able to think clearly and makes an offer generally lower than the asking price, which makes it a proven strategy over time.
Do more than just look
There’s truth to the statement that what you see is what you get. When it comes to inspections, you need to also add your other sensory capabilities to verify anything deeper than the surface such as your smell, hearing, and touch.
A property may be visually appealing, but it could be masking mould, dampness, or leaks and potential drainage issues that are hiding from plain sight. Verify by touching surfaces for moisture or dampness, on alert for unusual smells, open drawers and closets, or lift the rugs, etc.
Consider the neighbourhood
You can include checking the surrounding community when viewing the property, especially at different times of the day.
For instance, it may seem like a quiet and serene community during a particular time of the day but could abruptly transform into a traffic mess during peak hours.
Arrange for multiple inspections
It is also wise to inspect the property more than once, as certain changes in activity and conditions may occur abruptly during certain periods of the day such as natural occurrences or sudden wind changes or extreme heat caused by direct sun exposure that may not fit well with their preferences.
Check the location
It is also prudent to check the property title, landmarks, or commission a professional surveyor to survey the property.
It helps buyers make sure there are no disputes or claims made against the property or issues that may arise out of occupancy or property boundaries that could later show up and cause problems after purchase.