When you’re buying any property, the home inspectors would often be hired by the banks in order to determine the valuation of the property. In addition to looking at the area of the property, they look into a lot of other factors as well. Most of the people do not know about the factors which are looking to buy the home inspectors. We would today share with you some of these factors.
- Exterior of the home:
The exterior of the home also determines the strength of the home. That is why the home inspectors often look into the exterior of the home in order to determine the strength of the construction. This is one of the main reasons why most of the home staging companies advises you to fix up the problems with the exterior of your home before selling the home.
- Leakage problems:
If there are leakage problems in the home, that certainly means that the plumbing systems would in the long term damage a large part of the home. This instantly reduces the value of the home. That is why the home inspectors always look into the leakage problems if any.
- Foundation of the home:
Most of the home inspectors pay a lot of attention to the strength of the foundation. If the foundation support systems are used or house sinking problems are present, the valuation of the home falls drastically. That is why most of the inspectors carefully look at the basement in order to determine the strength of the foundation. Only once they are able to determine the strength, they would be able to evaluate the home and find out the correct value of the home.
So, whenever a house inspector or a home inspector from the bank is visiting a property which you are planning to purchase, they would be looking into these 3 things specifically in order to find out the true valuation of the home. Only once they are able to examine these 3 things, they would be able to submit their report to the bank and you would be able to get your loan approved as long as the report of the home inspector is positive.