It is very common in Nigeria to mistake home inspection for property inspection and vice versa. Although used interchangeably they are not the same term and do not have the same meaning.
A HOME INSPECTION IS DIFFERENT FROM A PROPERTY INSPECTION
Home inspections are done during the house purchase process. A home inspection is an examination of a property’s safety and current condition. While property inspections are done when a homeowner defaults on the mortgage or when the property is in foreclosure.
WHAT TO LOOK OUT FOR DURING HOME INSPECTIONS
- Plumbing system
- Drainage system
- The roof
- Visible insulation
- Windows and door positioning
- Wood destroying organisms
- Electrical system
- Water damage
- Structural issues
These factors can make your rental worth the value of your money or not.
When the findings uncovered in a home inspection significantly alter the buyer’s expectations about what they thought they were buying, this causes problems. As a home buyer or renter, no matter how busy your schedule is, it is very important to take out time to inspect a property that has caught your interest.
In 2021, home inspection has taken different phases and processes. This is mainly a result of the global pandemic which requires social distancing.
Now there are;
LIVE STREAM TOUR
Which can also be referred to as virtual inspections. Here, the prospects are off-site and an agent or more cover this inspection.
This tour type is popular, but only in countries with higher technology. Here a special code is given to prospective buyers and they use this to access the apartment or property in question to inspect it themselves without an agent present. A certain survey stated that about 82% of prospective home inspectors would take a self-guided tour if it was offered to them. Reasons being, they want to inspect the homes at their own time and at their own pace.
This tour type is more popular everywhere around the world including Nigeria till date.
This has to do with the agents acting as guests and showing the prospective buyers around. Brent Housing has been doing this for years and also take out quality time to answer questions brought up by prospective buyers and also acter to their real estate needs.
Not paying adequate attention during a home inspection can end up being a costly mistake when renting or buying a home. You can end up buying a just and taking up more expenses than you visualized just by living in the home and discovering new faults or issues that need fixing.
Even if you are going to be staying alone in your new home, it’s wiser to go along with someone else when going for home inspections. Now this person will act as a fresh eye and help you discover some faults that naturally you would miss in your excitement.
In case of a home inspection, Brent Housing understands that different clientele have different needs to be met which explains the reason for constant feedback in order to earn our clients’ trust.
Schedule a home inspection meeting with us today by contacting us on 09023330000