How to interpret the results of an inspection
We explain how to interpret the results of a building inspection and how to use this information in your decision-making process.
1. Thoroughly read the report
The first step after receiving the inspection report is to read it thoroughly. Take the time to understand each part of the report. It will typically include photos of the defects, along with detailed descriptions and recommendations from the inspector.
2. Focus on major defects
Not all defects mentioned in the report are equally serious. Pay particular attention to major defects that could directly impact the safety and structural integrity of the property. These may include foundation cracks, roof leaks, electrical issues, or moisture problems. Such defects can require costly repairs and should be taken seriously.
3. Understand the recommendations
The inspector will provide recommendations for repairs or further investigations in the report. It’s important to understand these recommendations. Some repairs may be simple and relatively inexpensive, while others might be more extensive and costly. Consider consulting a specialized contractor to get an estimate of the costs of the recommended repairs.
4. Consider the costs
A crucial part of interpreting the inspection report is considering the costs of necessary repairs. Make a list of the defects and the estimated repair costs. This will help you make an informed decision about purchasing the property. If the repair costs are too high, you might consider renegotiating the purchase price or asking the seller to carry out the repairs before completing the sale.
5. Weigh the pros and cons
When interpreting the report, it’s important to weigh the pros and cons of the property. While there may be defects, the property might also have many positive features that make it attractive. Consider whether the defects outweigh the benefits of the property and whether you are willing to undertake the necessary repairs.
6. Consult the inspector
If you have questions about the report or if anything is unclear, don’t hesitate to contact the inspector. They can help you better understand the findings and provide additional explanations about the recommended repairs. A clear understanding of the report is essential for making an informed decision.
Conclusion
Interpreting the results of a building inspection is a crucial step in the property purchase process. By thoroughly reading the report, focusing on major defects, understanding the recommendations, considering the costs, and weighing the pros and cons, you can make an informed decision. Consult the inspector if you have questions and ensure you have all the information needed to make a wise choice.