Inspecting a Condo
Those who are buying a condo can expect the inspection process to be a little different. Although allowed NOT REQUIRED by NJ Laws, Rules and Regulations I will evaluate outside of the six sides of the dwelling you are purchasing. I will review the reasonably accessible common areas, including parking garages, basements, and roofs, because condo owners fund the association, which uses the condo owners money to pay for repairs and replacements.
Home Inspections of condos compared to vs. Freestanding Home Inspections
Condo home inspections differ from freestanding simple home inspections in many ways. Read on to determine what the key differences are.
Real estate takes many forms
Two popular forms are condominiums and freestanding homes. Those in search of an investment property or a home they can use as their primary dwelling will typically have a few buying options. They can buy a vacant lot and put up a new home. They may also buy an existing home or purchase a dwelling within a condominium complex. The process of buying a home or a condo is very much the same. However, there are certain ways in which each buying process may differ slightly. This is particularly true during the home inspection phase. The savvy home buyer should be fully aware of such differences before looking at either type of property.
Condo home inspections differ from freestanding or fee simple home inspections in many ways.
A Fee Simple Home Inspection
Having the property inspected firsthand is a vital part of any planned home sale. An inspection of this kind will help reassure the home owner that the home they are going to buy meets all necessary safety standards for the region where it is located. A home inspector who is examining a house will come to the house at a certain time. Buyers can expect they will examine all parts of the house including the basement and attic as well as the backyard. Any fee simple home inspection will focus on the overall structural integrity of the house including the plumbing systems and the home’s foundation.
