Property Management Blog

Inspections and property management Englewood

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Property Management Blog

A great deal of headache and money can be saved in your property management Englewood business by scheduling timely inspections. Your property manager might give you suggestions regarding inspector recommendations or you can also approach the American Society of Home Inspection for this task. Make sure, in either case, to get references, since a bad inspection can end up costing you a lot of money.

When you are buying a property, make sure to be upfront with the current owner regarding this point. Many owners are forthcoming and might alert you to certain existing problems they are aware of as they known that a general inspection will likely catch these. It is vital to obtain this information beforehand, so that, after a thorough inspection, potential hazards are caught and repaired. Do note that such 'owner disclosures' may not be the most reliable as many owners are indeed unaware of major problems.

Make sure that the general inspection covers following areas: Roof and foundation, plumbing, electrical wiring and pest damages. Inspection should also reveal heating/electrical issues. In some cases, general inspection does not include pest control and if this is the scene, you must have a pest control agent inspect for termites, bed bugs, dry rot, fleas and rodents etc.

If the inspection reveals problems, do not hesitate to negotiate the price with the seller as this can help you save a good deal of money. The price you pay for the inspections is indeed worth it since you are saving not only dollars but headaches as well.