The Importance of Home Inspections and Common Problems

home-inspection-whistler

When purchasing a new home the importance of a home inspection should never be overlooked. When dealing with what may be the largest capital investment of your life, ensuring you know exactly what you are dealing with is important. When a seller puts their home on the market they must disclose problems and latent defects on the Property Disclosure Statement. In some cases, sellers will even commission a home inspection before their home goes on the market to rectify any problems and have a deeper understanding of the condition of their home to assist with pricing. Under almost all conditions it is recommended buyers organize their own independent home inspection too; this is often worked into the contract as one of the subjects to sale.

Why get a home inspection?

The last thing any buyer wants is to take on a substantial mortgage only to find out later that there are some serious defects to the property that need attention and a significant financial investment. To know exactly what you are getting into inserting a clause into the contract of purchase and sale which makes way for a satisfactory home inspection is essential and reduces the risk of buying a home. By doing this, buyers can ensure they are happy with the condition of the home before contract conditions are removed, and if any problems or defects arise, they can be addressed with the sellers while the contract is still open for negotiation.

When to get one?

Many sellers opt to have a home inspection before their home goes on the market to get a deeper understanding of the condition of their property, fix any problems or maintenance issues that could delay the contract process, and come up with a solid pricing strategy. It is up to the buyer whether they choose to use this home inspection, or commission one on their own. In a competitive marketplace with low inventory some buyers are bringing inspectors along with them during the first preview of the home so they can inspect many aspects on the spot, helping the buyer make an immediate decision to write an offer or not. In most cases home inspection take place after an offer has been accepted. No matter the age or apparent condition of the home a home inspection is always recommended.

What does it cover?

Building inspectors work within a scope of inspection and best practices that outlines what they are to cover during the inspection. In the near future inspections will be standardized by the provincial government so each building inspector will be required to perform core duties. A home inspection covers an inspection of the building envelope, the overall structure, and major systems and components. Components that aren’t performing optimally will be identified. Systems (such as electrical, plumbing) will be assessed for optimal functioning. A home inspection takes 1.5- 3.5 hours and usually costs between $400-$800.

What are some common problems in Whistler and Sea to Sky?

The Sea to Sky Corridor is a rainforest, and here in Whistler we experience extreme seasonal shifts which can impact the structural integrity and internal systems in a home. Mouldy attics is one of the most common home ailments. This is due to the wet weather and often takes a misplaced vent to create moisture build up in the attic which results in mould. Asbestos is another common defect in homes built prior to 1990. If your home inspector detects there may be asbestos present further evaluation and remediation may be required. Other common problems of homes in Whistler include improper exterior drainage, exterior wood deterioration, damaged electrical wires due to rodents, and problems with building insulation.

Whether working for the buyer or the seller I am able to connect my clients with experienced and qualified building inspectors in Whistler and the Sea to Sky Corridor, and work with clients to assess reports and make suitable decisions in light of results from a home inspection. Contact me today if you are looking at selling or purchasing property in Whistler.

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Real Estate Sales In Whistler Are Increasing

2016 has been a record breaker year for real estate in Whistler. Selling conditions are as favorable as they have been in over 15 years. Increased sales activity and a steady increase in values has been seen across all segments of the Whistler market this year. There are no signs of slowing, as we approach the ski season, our local real estate agents are soon to be busy busy (with a huge amount of early season snow!)

Year to date Sales Statistics to the end of the 3rd Quarter:


To read more visit the source link below to find the original article.

Source: http://www.daveburch.ca/blog/whistler-real-estate-2016-year-date-sales-stats/

Dave Burch – Realtor In Whistler BC

Hi, Just wanted to say thank you for visiting my blog. I really do appreciate it.

Here is a little about me and my real estate background.

I am passionate about real estate and with the Whistler community, I have lived here for over 15 years and have raised my kids here as well. I help out in the Whistler community by volunteering my times as a youth coach, ski instructor, mountain bike rider, and am apart of two cycling communities, the Whistler Off-Road Cycling Association and the Whistler Cycling Committee.

Please see my other social media profiles here. YouTube Channel | Diigo | Delicious | Disqus

My working style is that of dedication and strong work ethic. I have made over 175 successful deals as a realtor totaling in over $100 million dollars in property sold. I achieved this through building lasting relationships with my clients and by being dedicated to completing their real estate goals no matter what was required to make those goals a reality.

I have been a proud member of the Whistler Real Estate Co. since 2007 and have established myself as one the best real estate agents in our community and was even awarded the Top Realtor under the age of 40, which I am very proud of.

If you would like to contact me please use my contact info below, I will be happy to assist you in you real estate venture.

Regards,

Dave Burch.

Personal Real Estate Corporation

4308 Main St. Whistler, BC V0N 1B4

(604) 935-7913