It is more important than ever to identify and solve problems in advance for a successful closing
Surprises that come up during inspections can be expensive and cause delays. Buyers and sellers should anticipate inspection issues even before entering into a listing or purchase agreement.
Common Problem Areas to Consider:
Check roof, gutters, downspouts and landscaping for potential water problems. Is all the water moving away from buildings and concrete? Does landscaping interfere with drainage?
In an older property get a camera inspection of the sewer line even if it appears to be working. Roots in older neighborhoods run deep.
Home Owners Association? The contract requires standard documents and minutes. Ask for more. Be sure to get meeting minutes for two years. Get a copy of Rules and Regulations and Design Guidelines to see if your plans for using the property are allowed. Talk to Board members and home owners, and get copies of the newsletters to find out what is really going on.
It is important to confirm your final choice by making several visits to your favorite properties. Talk with neighbors, go back at different times of the day and walk around to make sure you are comfortable with your final choice.
Basement finished? Check to make sure there is a building permit and work is up to codes.
Sellers: make records for the above available to put buyers’ minds at ease before they look. You will have an easier transaction and may get a better price too.
These are some of the more common trouble spots. There are many details in a transaction that can get you off track why not take care of the ones you can control.