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Don’t Be Roped In by Amateurs
Hire an inspector that is certified, thorough, and knows what he’s doing.
A pre-purchase condo inspection in Castle Rock protects your investment. An inspection uncovers potentially costly issues with the interior structure and systems not covered by the homeowners association, such as plumbing, HVAC, ventilation and appliances.
You may be tempted to forego an inspection on a condo in Castle Rock to ensure a competitive and timely offer. However, it’s important to remember that an HOA is typically only responsible for the property’s exterior. Choose a professionally certified and insured condo inspector to deliver a detailed same-day report, providing peace of mind before you invest.
The Importance of Condo Inspections
Whether you purchase a condo because of its conveniences or as an entree into the real estate market, it requires a substantial investment. It’s important to protect your finances through well-researched and educated decisions. A condo inspection provides valuable insight into the condition of the property, allowing you to make valid repair or concession requests or abandon the purchase altogether.
What Does a Home Inspector Look For?
A seemingly perfect home might be hiding some dark secrets. It’s the home inspector’s job to find them.
Some issues the home inspector checks for include:
- Lead paint
- Cracks in the foundation
- Mold
- Termites
- Windows that don’t close properly
- Leaks under the sinks
- Missing roof shingles
- Troublesome circuit breakers
With experience and know-how, the inspector can spot things that may otherwise not be so obvious.
The residential home inspector inspects the entire home, from top to bottom. However, there are limits as to what they can and can’t do. For instance, they can’t provide estimates for how much repairs might cost, but they can note that something isn’t working as it should.
What Is the Biggest Red Flag in a Residential Home Inspection?
Many issues can be considered red flags during a residential home inspection, but three major ones could be especially problematic:
- Termites: These tiny creatures can cause devastating structural damage that could easily go unnoticed for a significant amount of time. Some signs of potential termite damage include hollowed areas of wood, warped doors and cracks in the paint.
- Black mold: It spreads fast and may cause residents to experience numerous health problems, including breathing issues and infections. Mold is often visible, but you may not see it until you start looking for it. Additional signs can include bubbling paint, a musty smell and grout that looks abnormally dark.
- Roof issues: The roof keeps everything from animals to rain out of your home. Potential roof issues worsen over time, leading to costly problems in the future, likely sooner rather than later. Indications of possible roof damage include wet spots on the ceiling after inclement weather, shingles curling up on the ends and visible discoloration on the ceiling from a previous water leak.
If a home fails inspection, all the parties involved in the real estate transaction must determine how to proceed. The buyer can decide the property is no longer worth purchasing and withdraw from the deal.
The buyer usually has three options if they still want the property:
- Taking the property as-is and for the discussed price
- Negotiating the price
- Requesting that the seller makes the appropriate repairs
Should You Waive a Home Inspection on an Investment Property for a Better Deal?
It’s never a good idea to waive a home inspection, even on an investment property. Many things could be problematic on a property, and most are incredibly difficult for the untrained eye to detect.
Even if you plan to use the home as an investment property in or near Castle Rock, and it won’t be your primary residence, it still needs to be in suitable condition. The tenants deserve to know you took every precaution to ensure their safety, and you want to minimize the number of calls you receive from tenants asking you to address problems that arise.
Get in Touch With Green Door Home Inspections in Castle Rock, Colorado
Contact Green Door Home Inspections in Castle Rock, Colorado, when you’re planning to buy a property and want to ensure the residential home inspection is done correctly. Our trained team of experts thoroughly evaluates the property and provides accurate, honest results so everyone involved with the real estate transaction has a clear understanding of the property’s condition, from its roof down to its foundation. Reach out to us via email, phone or our online messaging system today for high-quality residential home inspection services.