A property inspection is an objective visual examination of the property's physical structure and systems and
will include an evaluation of the property's conditions. Having a property inspected
is like having a physical check-up. If problems or symptoms are found, the inspector will refer you to the appropriate specialist
or tradesperson for further evaluation. The primary goal and obligation of the inspection
is to obtain the best possible information about the existing condition of the property and its major components and systems
so that you can make informed decisions and value assessments on the property.
Q: Why do I need a property inspection?
The purchase of a property is probably the largest single investment you will ever make. You
should learn as much as you can about the condition of the property and the need for any major repairs before you buy, so
that you can minimize unpleasant surprises and difficulties afterwards. Property inspections are not a prediction of future
performance, but can pinpoint existing problem areas.
Q: How much will it cost?
The inspection fee varies depending upon the size,
complexity and particular features of the property, etc. Generally, the fee corresponds
to the inspector's expertise as well as the amount of time devoted in conductng the inspection and preparing
the report.
Q: How do I choose a Property Inspector?
Call up and ask about their credentials and experience. You must feel that
the inspector is qualified, experienced and attentive to your needs.
Q: What qualifications
or credentials should a home inspector offer?
The
best qualifications and credentials consist of inspectors who are industry trained, experienced and who are actively involved
with property inspection industry associations. Q: When do I call for an inspection?
Typically we are called right after the contract or purchase agreement has been signed. Before you
sign, however, be sure that there is an inspection clause in the contract, making your purchase obligation contingent upon
the findings of a professional home inspection. This clause should specify the terms to which both the buyer and seller are
obligated.
Q: How long does your typical home inspection take?
A typical inspection requires roughly 3-4 hours to complete,
but it is not uncommon for an inspection to take 5 or 6 hours. Some properties can take an entire day.
Q: Do I have to be there?
It's not necessary but it is recommended. By following
the inspector around the house, by observing and asking questions, you will learn a great deal about the condition of the
home, how its systems work, and how to maintain it. You will also find the written report easier to understand if you've seen
the property first-hand through the inspector's eyes.
Q: Should the
seller be present during an inspection?
Preferably
not. Having one's home scrutinized by a stranger, who could possibly be considered the cause of a failed sale, is an emotional
situation for the seller. If a broker is involved, it is a professional courtesy to arrange for the seller to be absent during
the inspection. If it is a sale by owner, some ground rules may need to be set to assure that no adversarial confrontations
occur.
Q: If the house proves to be in good condition, did I really need an inspection?
Definitely. Now you can complete your home purchase
with peace of mind about the condition of the property and all its equipment and systems. You will also have learned a few
things about your new home from the inspector's report, and will want to keep that information for future reference. Above
all, you can feel confident that you are making a well-informed purchase decision, and that you will be able to enjoy your
new home.
Q: What if the report reveals problems?
No house is perfect. If the inspector finds problems, it doesn't
necessarily mean you shouldn't buy the house, only that you will know in advance what to expect. A seller may be flexible
with the purchase price or contract terms if major problems are found. If your budget is very tight, or if you don't wish
to become involved in future repair work, this information will be extremely important to you.
Q: What if I find problems after I move into my new home?
A property inspection is not a guarantee that problems won't develop after you move in. However if you believe
that a problem was already visible at the time of the inspection and should have been mentioned in the report, your first
step should be to call the inspector to clarify the situation. Misunderstandings are often resolved in this manner.
If necessary, you might wish to consult the Singapore
Mediation Centre to help you settle your disagreement.
Q: Can't I do it myself?
Even the most experienced home owner lacks the knowledge and expertise of a professional property inspector.
An inspector is familiar with all the elements of home construction, proper installation, and maintenance. We understand how
the home's systems and components are intended to function together, as well as how and why they fail. Hence, it is best to obtain an impartial third-party opinion by an expert in the field of property inspection.
Q: Can a house fail inspection?
No. A professional property inspection is an examination of the current condition of your prospective
property. It is not an appraisal, which determines market value, or a building inspection, which verifies local
code compliance. A property inspector, therefore, will not pass or fail a house, but rather describe its physical condition
and indicate what may need repair or replacement.
