People often think that buying a condominium is a lot like buying any other home. The truth is that many mortgage lenders make it extremely difficult to finance a unit. Subsequently, many people find less conventional ways to purchase condos. When buying in cash or using personal loans, buyers may not be compelled by a lender to do an inspection, so they might think of skipping it. Should you? Here are some condo inspection tips to help you decide.

Understand How To Leverage It

Ā While buying a condo is often different from getting a mortgage on a home, the inspection process follows a similar pattern. Redfin notes that once you make an offer on a condo, you get a resale certificate. Then comes the inspection. In the best-case scenario, you get news that gives you peace of mind. If not, at least you received forewarning before investing your hard-earned money in an unsuitable home. When the home inspector discovers faults that are not deal breakers, leverage these to get a better price. If the seller wonā€™t budge, then ask them to fix the issues prior to closing the sale instead.

Ā Know What To Look For

Ā When it comes to condo inspection tips, one thing buyers need to know is that your inspector can check your individual unit as well as the condo as a whole. Find out what their plan is. Here are some of the many things professionals look for in Dallas condo inspections:Ā 

  • Mold and other pollutants
  • Strength of the water pressure
  • Gaps in caulking in wet areas, such as the kitchen sink and bathrooms
  • Signs of leaks or water damage
  • Presence of pests, such as termites
  • Cracks in the walls or foundation

Ā Decide If You Need One

Ā So, do condos need an inspection? Perhaps the best of all condo inspection tips youā€™ll receive is to always do an inspection, no matter how promising a unit looks. Saving a few hundred dollars is not worth gambling with your peace of mind. www.leveluphomeinspections.com

Ā Dallas Condo Inspections (469) 405 9594