How Using a Building Inspector Can Save You Money

If you’re considering buying a home or a commercial building, you might not have even thought about having professional building inspectors check things out first. But, this is a key step in the process that can save you money in the long run. Here’s how:

1. A building inspector will identify any structural issues with the property.

A building might look to the untrained eye to be in good condition, but there could be serious underlying issues that a professional would be able to spot. Issues such as a sinking foundation, water damage, or termite infestation can be expensive to fix and can decrease the property’s value.

If you rely only on what you think you see, you could be buying a money pit. But, if you get a professional opinion, you can make an informed decision about whether or not to move forward with the purchase.

2. You may be able to buy the property at a lower price.

It’s not a guarantee that the seller will budge on the price just because a building inspector found some issues, but it’s worth asking. If the seller is motivated to sell quickly, they may be willing to lower the price or make some repairs to move the deal along.

What it does give you is some wiggle room to try to negotiate a lower price. After all, if the building inspector found $10,000 worth of repairs that need to be made, that’s $10,000 that you didn’t have before and can use to try to lower the price of the property.

3. You’ll know exactly what you’re getting into.

The last thing you want is to buy a property and then find out later that all sorts of hidden issues need to be fixed. By having a building inspector do a thorough examination, you’ll know exactly what condition the property is in and what kind of repairs need to be made.

This can help you plan for the future and budget for any necessary repairs. It’s always better to know what you’re getting into ahead of time so there are no surprises down the road.

You very well could be getting the deal of a lifetime or about to buy something so run-down it’s not even worth the price. You never know until you get a professional opinion. It’s a pig in a poke if you don’t, but getting a building inspection before making an offer on a property could save you a lot of money and headaches.

4. It could save you from a dangerous situation.

In some cases, a building inspector may find safety issues that must be addressed immediately. For example, if there’s a gas leak or an electrical issue, these are things that need to be fixed right away before someone gets hurt.

A professional building inspector can identify these kinds of issues and recommend the best course of action. It’s always better to be safe than sorry; a building inspection could save your life.

The bottom line for anyone wanting to invest in a building

Hopefully, now you fully understand how important it is to have a professional building inspector thoroughly examine the property before you make an offer. It’s a small price to pay for peace of mind and could save you a lot of money in the long run.

If you’re considering buying a property, contact a reputable building inspection company in your area and schedule an appointment today. It could be the best decision you ever make.