select
|

How to get the best out of a home inspection

There’s no argument that paying to have a home inspected by a professional before you buy it is money well spent* if the property turns out to be problematic.

However, says Berry Everitt, MD of the Chas Everitt International property group, it can also be money very well spent even if the findings are positive and you decide to go ahead with the purchase.

Writing in the Property Signposts newsletter, he says: “For a start, the inspector’s report should give you a good picture of exactly what has happened to that property since it was first built. You will know, for example, if there were any major problems with the original construction that had to be attended to – even if these are no longer an issue.

“You will also know whether there have been any additions or alterations over the years, where they are and whether they were well built. And you should also have a much better idea of the quality of the materials and parts that went into the home – bricks, doors, windows, geysers, wiring and plumbing, for example - and how long they are likely to last.”

In short, says Everitt, having a home inspected is a bit like having it x-rayed, and should give you the same sort of immediate insight into its history and probable future.

“This is very valuable, because while you can easily see when a kitchen or bathroom has been remodelled, for example, and will probably not need any attention for several years, it can take quite a while to get to know the unseen aspects of a new home and its maintenance and upkeep requirements.

“You may not realise, for example, that the roof which is in such good condition now will need waterproofing every two years to keep it nice, or that you need to budget to have machinery such as borehole and pool pumps regularly serviced. In fact, most people tend to deal with such aspects of home ownership on an ad hoc basis, which can play havoc with their finances.
 
“With a detailed home inspection report in hand, however, you should be able to plan a proper preventative maintenance and replacement schedule for your home and have the peace of mind that comes with being able to budget ahead of time for these costs – and protect your investment in the process.”

*Home inspections generally cost around R3500 to R5000 and should be done by a company registered with the International Association of Certified Home Inspectors (InterNACHI).



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
    • 22 Nov 2017
      While sales have noticeably slowed in most sectors in most Cape town suburbs, the security estate sector in Constantiaberg has bucked the trend by remaining buoyant, with sales by August this year already surpassing total sales in 2016.
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK