Everybody has once in lifetime thought of buying their dream house. It is thrilling and frightening at the same time, thinking about investing in a brand new property. After all, it involves a great financial investment. Many things are needed to be taken care of while searching for a house, bidding and making arrangements required to buy the property.
The most important thing prior to investing in a building is building inspections. It is necessary as it is not wise to neglect even a bit of process in order to be ensured that the house you are buying is free from any structural or other flaws. Building Inspections basically involve the process of examining the condition of the house.
What exactly are Building Inspections And What Is their Necessity?
Building inspections involve assessing and evaluating a building. A professional structure examiner is required to accomplish them. Building inspections consist of thoroughly checking the ceilings, floorings, doors, electrical wiring, plumbing, proper ventilation and a lot more. Building inspection should be a priority before the actual auction. The area of inspections is large in regards to a home/building and the buyer can’t himself carry out these inspections well, therefore an expert is required for the same.
Who benefits from a property inspection? Buyer or Seller?
Building Inspections provide major benefit to the buyers, as they are the ones who are going to make big investments. But at the same time, it is equally important to the seller to close deal in a satisfactory manner, avoiding any end time issues. For buyers, an inspection report acts as an insurance that their investment is worthy. Similarly, for sellers, it acts as a tool for demonstrating their honesty and transparency.
Issues that can be brought to light with building inspection reports
If you are about to buy a new property or wish to sell your own, you should get the building inspections done by a professional examiner. Few of the common issues that are brought up by the building inspections are as under:
It is a primary one. Water damage, drainage deficiencies, cracked slabs etc are the crucial aspects that add up to this trouble. Installation or repair of new down pipes or gutters can tremendously reduce this trouble.
2.re"> Poor Ventilation-
The major reason of poor ventilation is generally the hard sealing of house against energy loss. This leads to high moisture in the room that can cause water logging on wall surfaces and can also lead to growth of moss.
3.re"> Plumbing problems-
It is one of major issue that keeps on popping again and again in most of the houses. But a proper plumbing arrangement in the start can lead to high sustainability. Plumbing issues can be easily caught up by building inspections thus avoiding any near future troubles.
Sometimes the roofs may appear fine but lead to cracking and leakage troubles after some time. These issues can be well caught by building inspections which are otherwise hard to detect.
5.re"> Structural damages-
The factors leading to structural damages include wear and tear caused by general plumbing or wiring acts, and material shift etc. These need to be identified and resolved initially to avoid later troubles.
Latest Technology In Building Inspection
With advancements in technology, the ways of building inspections have also evolved to a greater level. The building inspection companies are equipping them with new equipment. One of the latest technologies used for Business investigations is the thermal imaging which makes use of the infrared camera. It can scan large areas in a fast manner. This camera detects the temperature difference and can help detect the moisture content and electrical issues too. These things are hard to detect otherwise.
Types of Building Inspections
Building Inspections are of different types like home seller inspection, home buyer inspection, four-point inspection, foreclosure inspection, structural inspection, disaster inspection and pre-delivery inspection. The most common types of inspections among these are the home seller’s and home buyer’s inspection.
How will Building Inspections actually help you as a buyer?
Investing money into the property is something that will bring you huge profits in the future. Thus, it requires a wise decision to be made. Similarly buying a building for the purpose of a home requires building inspections as it is the building you have great dreams about. The home for the purpose of residence is generally dressed up to make it appealing. Dressing up the house includes fresh paint, furniture placed in an attractive manner and sometimes it also includes cover-ups as such making it difficult for the buyers to identify the shortcomings. Their attention is shifted to other things. As such it is obviously a hard thing for the untrained eyes to grasp the issue, especially when you only have 20-30minutes to examine the house which is generally the case.
There are a lot of stories when people have to suffer great financial losses by buying new homes without prior thorough inspections. Another major trouble is the presence of termites in the house. That is why many people also add the pest inspection in their building inspection plan. It helps you decide the best value for your money.
The money you are going to invest in building inspections prior to the purchase is very less compared to the actual amount to be paid in purchasing the building. Thus, it is advised to go for building inspections before deciding on the building purchase to avoid any near future regrets.
Finding the right Business Inspection Company:
When you have found the house you've been looking for and the price is right and finances are in order. But is the house worthy of purchasing? To avoid disaster it is imperative that you obtain the services of a professional independent and unbiased building and pest inspection service. But how do you choose a building inspection service out of the hundreds sprawled across the Internet and various other forms of media? I've compiled the few top points that should be considered prior to engaging the services of any Building and Pest Inspection Company.
1. Sample Report
Ask to see a completed building inspection report prior to booking the inspection. A legitimate building inspection company should have a sample of their report on their website to be viewed by potential clients prior to booking their building inspection.
2. Ask for the portfolio of images
The building report should always incorporate a significant volume of photographs clearly detailing the faults found. Whilst the text within the report should be clear and easy to understand, nothing explains better than actually visually seeing the fault at hand. The photographs will often also incorporate arrows, circled sections or additional written text specifically pointing to faults or items within the photographs.
3. Inspection cost
Like they say if you pay peanuts you only get monkeys. It may be an old adage, however, certainly one you should consider. Many building and pest inspection companies, particularly larger companies, work on volume. The theory being that if you charge a small fee you are likely to get the lion share of the inspections when clients phone around. A cheap fee however results is a rushed inspection and a vague report. Some building inspectors do as many as 8 inspections per day. Building inspection companies adopting this practice have a higher rate of dissatisfied customers and more claims of inspection negligence made against them. The volume of inspections they undertake however outweighs the cost of making the occasional pay out to a dissatisfied client. This system may prove profitable for the inspection company however could prove costly to the purchaser.
4. Specialized equipment availability
When a building and pest inspector evaluates a house they are predominantly undertaking what is generally known within the industry as a visual inspection. Subsequently, the building or pest inspector will not dig or gouge into walls etc during the inspection process for obvious reasons. A thorough building inspector will, however, carry the latest equipment to help evaluate areas where visual inspection alone may not be sufficient. At a minimum, a building and pest inspector should carry moisture detection monitors and thermal image cameras along with other standard inspection equipment such as ladders, high-powered torches and tapping sticks etc. Whilst thermal image cameras and moisture detection equipment do not give inspectors x-ray vision, they certainly provide the next step in the diagnostic evaluation that can often confirm or deny the existence of a suspected fault.
5. Check license and insurance details
When on-site it is imperative that you visually sight the license and insurance details of the actual inspector undertaking your inspection. Whilst the company may carry insurance, the actual building inspector on site may not be licensed or be covered under the company’s insurance policy. When on site the inspector should be able to produce a license stating "completed building inspection" and should also be able to produce an insurance document bearing the inspector's name.
6. Time involved in report generation
Time is usually of the essence. A professional building inspection company should be able to produce a completed detailed report the same day as the inspection was undertaken. Most inspection companies would release the report the evening on the day of inspection. I would, however, be very wary of any company that presented you with a completed report literally at the end of the inspection or within an hour or so after the inspection. An instant report usually means that the report was a pre-manufactured cut-and-paste report that only generically relates to your house and is unlikely to be detailed or accurate.
7. Separate building and pest inspections.
The qualifications for a licensed builder/building inspector in comparison with that of a pest inspector vary significantly. They are two entirely different trades and subsequently have entirely different criteria for undertaking a building inspection. Despite what some companies will tell you it is virtually impossible to undertake a thorough building and pest inspection when one inspector is trying to cover both fields in the one inspection time frame.
8. Experience is everything
Have you ever seen those ads that claim a certain business has for example 130 years of combined experience? The experience and knowledge of the individual building and/or pest inspector on site is what counts. Where possible establish how long the company been established, how many inspections have the individual inspector actually undertaken and will the owner of the business undertake the inspection or will it just be an employee etc.
For buying property in anywhere around the world, especially in Melbourne, it is important for you to perform your due diligence before signing any agreement. Buying property is a time-consuming process that can take months.
If you are planning to buy property in Australia, you can take help from “House Inspections” which is an established inspection company run by registered builders. The inspectors in the company are VBA registered with many years of experience.
The building inspections report provided will include all Internal and External areas of the property, including but not limited to the following
•re"> Sub Floor
•re"> Roof Space
•re"> Any Structural Defects
•re"> All wet areas
•re"> Retaining walls
“Housing Inspections” will also give you an approximate cost required to rectify all defects and help you make the right decision for your money’s worth. By getting a home inspection completed, you will also find that you may have more bargaining power and can negotiate the price down if you find that there are defects that need to be repaired. A home inspection will help you because you will know exactly what you are getting and there will not be any nasty surprises later on. The company is active throughout Melbourne, Geelong, Victoria and nearby locations, including Frankston and the Morning ton Peninsula. All the building inspections are carried out in a professional manner ensuring you the 100% accurate report. Get in contact to find the right house which is worthy of your investment with peace of mind.