If you are interested in purchasing a piece of property, you need to have the building inspected before you finalize the sale. Here are the top three reasons that you shouldn't skip the building inspection and just purchase the property.
#1 A Building Inspector Can Spot If A Building Is A Liability
A building inspector, like Home Inspection Associate, will be able to let you know if the property has been neglected or has hidden problems. The inspector will let you know if the building is structurally sound and if it could be saved with a reasonable amount of work and investments.
A building inspector will be able to let you know if the property you are looking at is really just a financial liability. They can also let you know if the building is just a physical liability as well.
#2 A Building Inspector Can Spot If The Property Is Overvalued
Next, a building inspector can spot if a property is overvalued. They can let you know if there are repair issues that you are going to have to deal with that are not obvious. They can let you know if the structure is sound or if it needs substantial work done to it in order to meet building codes.
Sometimes a building that looks like a deal does not mean that it really is one. A building inspector will be able to let you know if the building is really a good deal, or if you should really be putting in a bid for a lot less or skipping on this opportunity altogether.
#3 A Building Inspector Can Spot Faulty Wiring & Plumbing
When you purchase a building, you don't want to purchase one that has faulty wiring. Faulty wiring, left undetected, can lead to a fire. It can also quite a time and financial investment to upgrade the entire electrical system in a building if you thought it was ready to go.
You also don't want to purchase a building that has an old plumbing system. Old plumbing can lead to flooding and lots of repairs.
A building inspector will be able to let you know the condition of the wiring and plumbing in the building and if it is safe for you to move into as well as how much you would have to invest to fix it.
A building inspector will be able to let you know what is the real deal about any property you are interested in purchasing. They will be able to let you know if the property is actually priced fairly, and if it is worth fixing up.