So, you’ve decided to buy a townhouse in Abbotsford BC, but have you spent a moment contemplating whether it is the right home for you? Do you envision any minor or major issues that you probably ignored the first time? It could be. This makes it all the more essential to pay attention towards your townhouse inspection – why do you need it, what does it comprise of, and how does it actually work.
1. Are inspections a part of a townhouse purchase?
Actually, no! As a buyer, you need to include a clause related to property inspection in your purchase agreement. This would help you to back off in case the inspection expert finds some issues with the townhouse you’re planning to buy.
If you still would like to go on with the deal, an inspection clause will help you in re-negotiating with the seller, should there be any problem with the property. In such cases, you can either request for an adjustment in the buying price, or ask the seller to get the repair work done before finalizing the deal.
2. What does townhouse inspection actually mean?
A townhouse inspection is an in-depth review pertaining to the overall health, structure and systems of the property. This is done by a specialist and licensed inspector. Should the inspector come across any kind of problems that may reduce the property value, or need instant repair work, they inform the buyer about the same. What all is included in an inspection is dependent on the inspector, the local government authorities and the kind of inspection you requested.
Typical townhouse inspection comprises of evaluating the following:
- Plumbing and electrical systems
- Cooling and heating systems
- Interiors as well as the exteriors
- Ventilation and insulation
Additional inspections may be performed for:
- Checking the presence of toxic elements like lead, asbestos and radon
Checking the property for flood, landslide, earthquake or other natural disasters control
3. How to choose an inspector for a townhouse in Abbotsford BC?
You can look for an inspector on the internet or seek references from your friends and family. However, make sure to hire an inspector who is competent, experienced and certified. Take a look at his/her qualifications and confirm if they are insured and fulfill all the prerequisites to be licensed. You should also check for how long have they been in this industry and seek past work references.
4. Can I be a part of the inspection process?
Yes, and we highly recommend you to be. The real estate agent can manage it on their own; however, you will feel a lot better if you are a part of the townhouse inspection. In case the inspector feels that there is an issue with the property, you can easily ask questions, right on the spot, and seek all the answers you require.
Townhouse inspectors also provide assistance on ways to properly maintain your property and its systems. This is essentially important for any buyer. Make sure to pen down all important points for you to consider later. This would help you in getting precise estimates on the repair work required.
5. What happens when the townhouse fails the inspection?
It is important for you to understand that the process of inspection is only an assessment and not a test. This implies that the property cannot fail the inspection. It is an essential way to find out if the townhouse has any problems that require action and may have a negative impact on the buyers. It also helps in ensuring that both the seller and the buyer are under a consented agreement related to the condition of the townhouse that is under consideration.
Buying a townhouse in Abbotsford BCis the best investment you’ll ever make and let us at http://findabbotsfordhomes.ca/ help you fulfill your dream. Visit our website to take a look at our extensive range of properties on sale in Abbotsford BC.