Is A Home Inspection Necessary When Buying A Condo?
Yes! Buyers benefit from investing in a home inspection when purchasing a condo. Even though the property isn’t a standalone, single-family home, buyers should understand the condo’s condition before closing.
Kenco Home Inspections offers property inspections for condos. We conduct the inspection specific to the property’s requirements. Then, we provide a detailed written report. We work with buyers throughout Southeast Florida to provide the knowledge needed to make an informed buying decision.
Homeowners Responsibilities for A Condo
Owning a condo typically means less maintenance for the property. Most condominium properties have an HOA to maintain common areas, like landscaping, hallways, and amenities. The condo owner pays a fee to cover these costs but isn’t personally responsible for the upkeep.
The buyer is responsible for the condition within the unit. The in-unit items include appliances, individual HVAC units, water heaters, walls, flooring, cabinets, bathroom and kitchen plumbing, etc.
What Does A Condo Inspection Include?
We inspect based on the features of each property, including the spaces directly accessible to the condo. For example, if the condo includes an attic space or balcony, we inspect those areas.
Like with a home inspection, we can only inspect visible areas. We can’t look behind walls or under flooring. However, we do check the systems inside the condo. If the unit includes a laundry room, we inspect the area. We cannot inspect shared spaces, like a common area laundry facility.
What Is the Risk of Skipping A Condo Inspection?
Simply put, skipping the inspection can cost you money and hassle. The point of the inspection is to understand your investment. Whether you intend to ask the seller for repairs or not, you will benefit from understanding the property.
If the appliances in the condo do not work correctly, that’s an issue. You will need to negotiate with the seller or prepare to cover the cost yourself. Also, problems like cracks in the walls or water damage can mean a safety issue. Knowing about health or safety risks can impact your decision to move forward with the deal.
In many cases, the inspection pays for itself when the inspector uncovers problems that could cost more in the long run. While it’s tempting to skip the inspection, it isn’t worth the risk.
Benefits of A Condo Inspection
Gaining knowledge regarding a property before you make the purchase empowers you. A condo inspection offers buyers many benefits.
Peace of mind
Risk reduction
Opportunity to walk away from the purchase
Negotiating power
Awareness about the condition of the unit
Ability to ask for repairs
Learn detailed information about the unit
Don’t miss the opportunity to understand your property better. A condo inspection provides valuable information, whether you are buying a vacation home, real estate investment, or a full-time residence.
Kenco Home Inspections Offers Condo Inspections
At Kenco Home Inspections, we serve clients in Southeast Florida with various inspections, including condo inspections. Our expert team has the knowledge and training to conduct thorough and effective condo inspections.
Contact us today to schedule a condo inspection.