Property Inspections


Property Inspections

A property inspection prior to purchasing an investment property can prevent you from being stuck with major repairs or other issues. A contingency for a property inspection within 7-10 days can be included in any purchase agreement. A good property inspector will look closely at the physical structure and systems of a house-from the roof to the foundation. Generally a report will come back with a number of issues that have been identified – this is why you get the report in the first place. The vast majority of sellers will then repair 90-100% of the issues identified. If the report indicates any serious issues it can be justification for you to back out of a purchase agreement, or renegotiate better terms.

What will the report cover?

Typically it would cover the following:

  • Heating system
  • Air-conditioning system
  • Interior plumbing
  • Electrical systems
  • The roof
  • The attic and insulation
  • Walls, ceilings, floors, windows and doors
  • The foundation
  • The basement
  • Structural components

What will it cost?

An inspection fee can vary from $250-$400. This depends on the size of the house and if optional services are opted for.

How do you find a good property inspector?

There are two main associations that govern home inspections: The American Society of Home Inspectors (ASHI) and The National Association of Home Inspectors. Each group has a rigorous accreditation process that requires ongoing training and development. Seek out inspectors that carry one or both of these credentials and you are assured a quality level of service.

How can we help?

We have totally independent property inspectors to refer you to in all regions that we offer properties.  These inspectors are not paid by us, and have a duty of responsibility to only you.


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