If you are in the process of buying a condominium, you
should definitely plan to perform a thorough home inspection prior to sealing
the deal. New condo buyers often believe
there is nothing they can do about problems in a building. Nothing could be further from the truth.
Overlooking easily identifiable problems can result in regret, especially if
the entire cost falls on you.
A comprehensive condo home
inspection is vital to making a good decision and spending your money
responsibly. Before you choose to buy a condo and hire a home inspector, walk
through the property with your own checklist.
Like any other home inspection, you'll want to know what it
includes:
- ü heating and central air conditioning systems
- ü interior plumbing
- ü electrical systems
- ü the roof
- ü visible insulation
- ü walls, ceilings
- ü floors
- ü windows
- ü foundation
- ü appliances
A qualified Home
Inspector will provide you with accurate and detailed information regarding
the condition of the condo and its major systems, which will include some or
all of the above items. A Home Inspector will also review the common elements
of the condo. This is to ensure that the maintenance has been satisfactory and
to inform the condo buyer about any major repairs/replacements that may require
attention in the future.
Although the condominium association may be responsible for
the repair and maintenance of all common and limited common areas of the
condominium association; it is still in the buyer’s financial interest to be
informed of possible problems that may result in a substantial building-wide
assessment.
It is vital to be present during the home inspection process. Your investment
of time during the inspection could prevent potential problems in the future. Being
educated about your condo, and its future maintenance requirements, is one of
the most valuable components of a home inspection.
A condominium is a building like any home, and it has repair
and maintenance requirements. Although condominium apartments may be smaller
than a residential home, it does not make the inspection any less
important.
With the recent dramatic increase in condo prices, a home inspection will always be worth the investment.
No comments:
Post a Comment