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16 Comments on Do You Really Need A Home Inspection For Your DC Condo?
So very well said so many buyer try and short cut and save money only to be BURNED
I agree with you. Condo or not, it's important to understand the property condition - even if it is taken care of by the HOA.
So important. A buyer needs to know if there may be a future structural update that may be required that owners could be assessed for. I recently had a client in Seattle who was facing the need to replace much of the windows in her Queen Anne Condo.
Patricia, I agree with Eric "well said"!
In our area I don't sell many condos but when I do I absolutely agree that the buyer needs a home inspection.
You are so right. All the due dilligence with any improvement including inspection of anything that's not intended to be a teardown or rehab.
Condos especially! Because your neighbor's problem could also be yours and it will take an inspector to be able to tell!
I agree. A home inspection is a necessity in todays market
Condos may not include exterior walls, and common areas, but it is reasonable to conclude that condos should be inspected as well
All the best.
Keep on blogging.
Bill Merrell www.merrellinstitute.com
Pat,
You must have psychic energy, I just booked a condo inspection after you wrote this.
Pat... not only would important to do a home inspection on a condo as you stated, but also to verify that there are enough funds available in the condo association's account for such repairs...
Patricia,
I am a bit surprised with the comments. May be it is so different in the rest of the world, but here the home inspector would not be allowed to the roof or to any other places except for the unit, where they really do not do much. They will be able to check the AC and tell you if the unit works properly, and they can pick small things, which, though important, are still very different from the scope of home inspection.
The problems with structure will not be revealed by inspectors, especially in the high-rise buildings. They are not structural engineers, and this is way beyond their scope.
You can get a better idea by reading the minutes of the Board meetings, especially if you can get several of them. In our area the minutes and the budget are supposed to be provided to Buyer.
Pat, all good points. A condo inspection has a lot of considerations that a house does not have and in some ways can cost you money even when nothing in particular is found inside the unit itself. A good inspector will give you a heads up on the kinds of issues that might result in future assessments.
Hi Pat... A home inspection is a critical part of the home buying prcess... regardless of whether it's a condo or single family home.
I certainly have had issues uncovered with a condo inspection. Would never recommend to skip this step. Could lead to disaster for sure.
Pat: When I bought my condo the home inspector just looked over the unit itself. But it certainly seems like a good idea to have them look at the boiler room, etc.
Pat - sage advices for any buyer. ONe can just as easily uncover problems in a condo inspection as in a detached home, and depedning on the HOA it can be more complicated to get things taken care of. Some of the HOAs ought to be tarred and feathered for how they manage their properties. Unfortunately there are some things the inspectors cannot do in condo inspections so there are some enhanced risks for the buyers.
Jeff
When buying a home or condo I think that it is extremely important to have a home inspection and let the buyers know why it is. There are too many risks involved.
Pat -
I just recently had clients withdraw an offer on a condo because the home inspection found structural damage in the bathroom. Two days later we put in an offer on another condo, aced the inspection and are on our way to closing. Think they thanked me for pushing the inspection? You bet!
Michael
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