5 Benefits of a Proper Building Survey

There are many reasons why people avoid surveying their new homes and condos before moving in. These range from genuine finance concerns to a serious lack of awareness. If you’ve recently purchased one of the many condos for sale in Irvine, or are about to do so this year, here are five benefits that you’ll get from getting your property surveyed by a Chartered Surveyor.

Objectivity

Property surveying is an objective task. One simply cannot let their emotions get the best of them. As a homeowner, you have recently invested a large amount in purchasing a home and are likely to overlook certain faults in your new home due to your personal attachment.

Professional building surveyors don’t work on the same principle. They do not have any emotional attachment with your home or condo. This makes them dedicated and subjective in their work and allows them to look for cracks and faults in all hard-to-reach areas of your new dwelling. Their report is far more reliable than any self-check.

Time

As a buyer, you’re likely to spend no more than 30 minutes surveying and inspecting a prospective home. Once the deal is finalized, you are not likely to go back and check the place again for faults. In comparison, a professional surveyor/inspector spends hours at looking at all the nooks and corners of your home objectively.

Surveyors have years of experience. They are well aware of all possible areas in a home that prospective homeowners are likely to ignore and overlook. To get the most reliable results, it is best to appoint a surveyor and ask him/her to accompany you on your third visit to the home before finalizing the purchase agreement.

Cost

Many people do not hire surveyors due to the cost. It’s true to say that a professional surveyor agency will charge a certain amount for their services. But if you look at it in the longer run, hiring a surveyor is still a better option.

Without a proper initial survey, you’re likely to discover several faults in your new home for which you’ll have to bear the costs. These costs may swell up to $12000 either through major repairs alone or through an aggregate of minor repairs. Hiring professionals can help you identify these faults beforehand and renegotiate your purchase agreement.

Advice

Surveyors offer practical and budget advice on how to remodel your home. They offer useful suggestions on how to improve your foundation, exteriors and interiors. If you already have a few repair and redecoration ideas in mind, your surveyor can advise you on how feasible your plans are.

Liability

A surveyor company is liable for all reports issued and advices offered. This means that in the event any subsequent faults in your new home become evident, you can question your professional surveyor. It must be noted that surveyors offer reasonable assurance on the property, not absolute. This may limit your legal options. However, if the fault was evident at the time of purchase and they overlooked it, you can take them to a court of law.

Author:  April Lavine is the current Managing Broker of Irvine Residential Living and she has the complete knowledge of homes for sale in Irvine.