THIS article tackles the possible various defects found in a home inspection after a certain property has been earmarked to be sold to a potential buyer and consequently inspected. Before the inspection though, the team must be constituted by the potential buyer and not by the seller, not even the realtor. The buyer must compose his or her team with several persons. Foremost on the team is the buyer’s lawyer which must have a basic background on the local real estate and tax laws in the area where the property is located.

Remember that just like any other kind of law; there are three forms of real estate laws to be looked into – federal, state and local. The lawyer must also be prepared to examine the relevant real estate tax laws in the area. In certain cities, local governments also collect from the property owner a monthly garbage collection tax. The team’s second member must be your real estate broker.

The team’s third member must be a structural engineer who will scrutinize the foundations and the columns of the property for sale. The team’s fourth member must be an electrical engineer who will evaluate the current locations of electric wires in the house. The team’s fifth member must be a plumber who will inspect the quality of all pipes and vents in the property. The team’s sixth member must be an architect who will air his or her professional opinion on the house’s attractiveness from the outside. The team’s seventh member must be an interior designer who can give honest views if the house needs a renovation as far as placement of furniture and other relevant things are concerned.

A home inspection is definitely needed prior to the sale of a property because there may be a lot of defects that can be uncovered. For example, if the roof of the house is already worn, then replacing it is a pain to the new owner as far as expenses are concerned. Thus, the budget for the roof replacement, including the cost of labor, must be added to the price of the property. By home inspection, it doesn’t just mean the physical inspection of the place. That’s why a lawyer is needed to dig into the legal aspect of the property. The lawyer must know if there is a hidden debt associated with the property. The lawyer must make it sure that the debt will not be retained by the new owner of the property. If termites are ultimately found in the basement of the property, then that’s another problem.

It may be an indication that the wooden portions of the house are already being eaten up by ants. This must be looked into more closely as the potential buyer definitely doesn’t want to purchase a crumbling property. Otherwise, buying an empty lot and constructing an all-new structure on it will be more feasible. Other areas to look for are the elevation of the house if it can be prone to floodwater. Don’t just take the owner’s word. Learn also of the climate in the area and look closely into the elevation of the neighborhood whether it is prone to floods.

Whenever you plan to buy another property in one of the top destinations of the globe proper inspection of the unit must be given utmost importance. Do not just rely on the reports of your trusted real estate broker. It is also a must that you will personally look at the property so that you can view the whole perspective of the house, not just the physical structure but the whole thing including the certificate of title. Who knows there might problems on the title of the property which you will regret later. The financial and legal aspect of the house must also be checked. There are instances in the past that a house was very tempting to buy because of the good physical status but there is legal problem that forced the buyer to give the property away to the real owner, thereby losing his investment.

You should not gamble yourself by just buying the house without first scrutinizing the whole package of the property. But all the legal works should already be given to your lawyer so that you will only be updated on the existing problem, if any. It is really hard that you have already made payments and yet problems beset later. Besides, you should consider the big investment. Just because you have much to own properties you will not give your focus on this case. You must remember it is your second home every time you schedule your summer holidays. There is no reason why you should not scrutinize the property with the help of your lawyer and real estate broker.

Here are basic tips you should consider when you personally visit the property you are interested to buy.

• Inspect the physical condition of the property. You should personally check whether the price of the property is equal to the physical condition of the property. The house may just be newly painted or renovated.
• Inspect the functionality of the house. The bath tubs may no longer good for use or the faucets. Although these are just maybe considered small details but very important.
• Inspect whether the specifications in the internet or on the record supplied by your real estate broker is the same with the personal look of the property. It maybe reported to you that the property has three bedrooms and only to find out during your personal visit that there are only two bedrooms.
• Inspect the lot area. You should also consider checking the lot area if it points to what was feed to you in the internet specifications.
• Check the title. Check if the property has clean title. This is very important for you. It is very hard that later you will find out the title has been contested by the legitimate owner.
• Inspect the materials used if it is very reasonable the total price of the whole package so that if you have some problems you can still raise your questions or back out form the sale of the property. You have all the rights and privileges to back out if you feel the house is not reasonable. The price is too much as compared to the whole package you have inspected or whatever reasons you have why you are planning of backing out from buying the property.