Buying or renting a property is one of the most uphill and wholesome tasks in an individual’s life. This can not only be a stressful practice but also one where you lose loads of money because you overpay or get hold of a house or apartment that requires a lot of repairs. Moreover, the home renovation process is altogether a different art form which an individual doesn’t know about well enough. Therefore, it is better that you find flaws in the property before your purchase or rent it rather than getting to know about them later on.
Since renting/buying a house or an apartment is a financial risk, you need to be absolutely certain about what you are getting and whether it is the fair market price or not. For this purpose alone, a home inspection is utterly suggested before renting or buying a house that you plan to call home for a considerable time to come. Your Uncle Sam may not be the right person to inspect and recommend a home for you neither are you equipped with tools like the one available at Riverbend home to gauge the problems in a house especially from safety and future deterioration point of view. The house you are about to buy or rent may have gone through recent changes in structure that you may not be able to detect.
Therefore, hiring professionals for a home assessment before you buy or rent is essential, rather criminal (figuratively only) if you skip one. You may save a few bucks but never get to know the true condition of the following home factors (until it’s too late of course):
- Plumping status
- Electrical wiring and its conditions
- Structural damage/flaws and pending repairs
- Flaws in utility contracts
- Money-to-property ratio
Moreover, if you play the role of a middle man buying and selling properties from one party to another, a home inspection is an absolute necessity for you. Your neck and reputation are on the line when you broker a deal between buyer/tenant and the opposite group. Therefore, a home inspection by a professional company or group of people becomes a necessity for you.
A proper home inspection not only allows you to settle in the new house without the fear of unknown repairs that you have to plan in the short and long term but also gives value to your property once you decide to sub-lease or sell it. Moreover, it allows you to sell it easily in the future since you will know what to repair before selling out.
Furthermore, it is also recommended that you get a home inspection to sell the property or rent it out. Therefore, the rule holds good for both buyer and sellers. Mnay trends across the real estate market based upon a well kept home can be studied thorugh at loews.com for understading the importance of home inspections.
Final Say: Hire Professionals
You may be tempted to save money before moving in since already your wallet is operating in outgoing mode only, but remember a small crack in the wall that is not detected can bring in the flood from the adjacent bathroom and subsequent cash flow in an unfavorable direction.
General Tools MMD4E Digital Moisture Meter, Water Leak Detector, Moisture Tester, Pin Type, Backlit LCD Display With Audible and Visual High-Medium-Low Moisture Content Alerts, Grays
The easy way around this problem is by looking up properties listed by real estate agents/agencies that have home inspections incorporated in their contracts already to save time and at times inspection money as well. However, saying so, getting a home inspection by a professional is always recommended, especially before you move into a new house; be it your own property or a rental one. you can find a vary of professional at houzz for ready reference.