If you have found your dream home and want to make an offer, you need to think carefully about any resolutive conditions you want to include. The most common resolutive condition is the condition of financing, but you can also make an offer subject to a structural inspection. This is especially useful if you have doubts about the condition of the house. In this article we explain exactly what the building inspection entails.
Nowadays there is often little time to go through the house during a viewing because the next candidates are already waiting. This can sometimes make it feel very rushed and you feel you have little time to pay attention to the details of the house, such as the window frames. Then you can always make an offer subject to a technical inspection. Here you agree on an amount above which the costs for necessary maintenance may not exceed. If that is the case, you can still get out of buying the house without a penalty. This prevents you from being stuck with a house with overdue maintenance. Like an offer subject to financing, an offer subject to a structural inspection can also be one of your resolutive conditions. So you should mention this immediately when making your offer.
If your offer, with resolutive conditions, is accepted, you will take care of the structural inspection yourself. The costs for this will also be for your account. The structural expert checks for example wood rot, state of the paintwork, window frames and asbestos. Also the safety of the house is checked such as the electricity, the state of the roof, inspection of the central heating boiler and the foundation.
When is it convenient to opt for a building inspection?
A building inspection is certainly not always necessary. Often you can estimate whether major maintenance to the house should be performed. An architectural inspection is especially advisable if you have already noticed several defects yourself and are curious whether there is more to the problem, which you have not (yet) noticed. Pay special attention to, for example, traces of leakage or cracks in the facade.
Hopefully this article will help you pay attention to the condition of the house during the next visit. Based on what you observe yourself, you can decide whether or not to include the condition of a technical inspection in your offer.