Types of Property Inspections

Property Inspections

If you own a property, at some point, you will have to deal with your property that is being inspected. There are many different reasons why a property should be inspected and many different types of property inspections, so it is unlikely that you will experience each type of inspection on this list. Learn the pros and cons of property inspections and some of the most common inspections you can find as a property owner.

Types of Property Inspections

There are many types of property inspections, including:

  • City inspections
  • State inspections
  • Building inspections
  • Bank inspections
  • Insurance Inspections
  • General third party inspections

Advantages of property inspections

Although inspecting your property can be stressful, there are some benefits that can be derived from it.

  • Confirm that your property is in no problem with the code: Property inspections are often done to make sure the property is safe and complies with certain building codes. The best case is that your property is inspected, and no major problems are found.
  • The property may be worth more than you thought: There are certain inspections that require an appraisal of your home. A third-party appraiser will come to your home to inspect the interior and exterior. They will then compare your home to similar homes in the area and give you the price they think your home is worth. You can learn that they believe that the value of your home is much higher than you originally thought.

Cons of property inspections

There are certain negative things that you should be aware of when inspecting your property.

  • A serious problem could be found: One of the biggest fears that your property will be inspected is that a major problem is found—for example, structural foundation cracks, elevated radon levels, or a termite infestation.
  • Nitpicking Finding problems: Another negative potential of having your property inspected is that you could get an inspector who is just looking to find something wrong with your property to justify the expense of being hired to carry out the inspection. Your report could include a list of items that can be easily repaired, such as cracks in a house driveway or air ducts that need to be cleaned, but that have the potential to scare potential buyers. These issues could also be used to try to negotiate the purchase price downward.

What You Need to Know About Your Home Inspection

You will think that you have found the house you are looking for based on the information provided by the seller, the view of the house and its location. You may think you are paying a fair price for this piece of real estate. However, if the home inspection reveals a costly problem that will require a lot of work to fix, would you still feel the same way about that house?

Almost every home inspection is done in the same way as a new home, reporting some issues that need fixing or suggestions for improving the property. That said, not everything that is reported in a home inspection is of great importance. Some things, such as for example a broken lock, can be fixed with a few dollars and without much effort.

  • Structural Elements of home- If the roof needs repair, the foundation is defective, or the structure is not good, then it will probably be a problem that will be costly to fix. This can include water problems, such as water in the basement that accumulates when it rains.
  • Plumbing System: If there is a complicated plumbing system problem, it can be expensive and difficult to repair. However, if the problem is limited to a small area, such as a sink, then it will not be a problem of significance.
  • Furnace and Heating System – A problem with the furnace or heating system is also a safety issue that can be difficult to fix.
  • Asbestos – This is not a typical part of a home inspection, but asbestos may be present in the home, so the potential buyer should hire an asbestos inspector to determine the presence of this substance. Vacuuming asbestos can be dangerous as it can result in serious health problems like mesothelioma. Its removal can be expensive.
  • Lead Paint: Lead paint, like asbestos, typically is not part of a home inspection, but may be present in homes built before 1978. It is important that your home is tested for paint that is lead and that all that exists be removed from the building, especially if young children or pregnant women are going to live in it.

Other aspects, such as problems with individual and cosmetic artifacts, such as stained rugs or torn wallpaper, are usually insignificant and do not cause rejection of an offer to purchase a real estate.


Safety Inspections: Concept and Objectives

It is important to highlight its preventive nature, since it can and must be carried out before the damage or loss is manifested, to take measures that prevent developing the negative potential of the dangers detected in it.

Safety Inspection is the best known and practiced pre-accident / incident analytical technique as a means of detecting hazards and controlling Risks that may affect people or property and is considered essential within any Prevention program, however simple it maybe this is it. It allows studying the security conditions in the facilities and actions in the workstations.

In addition to the main objective of the Inspections, to detect risk situations before their concretion in damages, the accomplishment of the inspection can fulfill the following objectives:

  • Identify unforeseen problems during job design or analysis. Safety and Health requirements that were not taken into account during design, and hazards that were not discovered during the job or task analysis, become apparent when the workplace is inspected, and workers are observed.
  • Identify deficiencies in work teams. These deficiencies can be caused by normal wear and tear, as well as abuse or mistreatment of the equipment. Inspections help discover if the equipment has worn to the limit of its condition; if its capacity is poor or it has been used improperly.
  • Identify inappropriate worker actions that may have consequences. Since inspections include both site conditions and work practices, they help detect methods and practices that have the potential for harm.
  • Identify the undesired effects of changes introduced in the production process or in the materials. The processes generally change, relative to their original design. As different materials become available or as the original materials or spare parts are depleted, changes are introduced. Such changes occur gradually, and their effects may go unnoticed until an inspection reveals them.
  • Propose solutions to the problems or deficiencies found. Since the object of Prevention is to avoid and Control Risks, by studying and proposing corrective measures that eliminate or minimize Risks, the ultimate purposes of Prevention are addressed.
  • Demonstrate the commitment made by management. Through this activity, that encourages contact and demonstration of interest in the Health and Safety of the personnel, the management, and the senior management by engaging in inspection, detection, and correction activities are sending an unequivocal message to the workers.

Its direct purpose is, therefore, to determine the unsafe acts and dangerous conditions that are present in the execution of the work in order to correct the dangerous circumstances, eliminate the risk, or if this is not possible, control the Risk Factors to ensure that the degree of danger does not exceed what could be called the degree of risk tolerated or admitted.