Conducting an inspection before a new property is handed over for sale can reduce the chances of the deal falling through in the future.
A new property inspection is considered part of the due diligence process when the property is under contract with a potential buyer. An inspecting architect will visit the construction in the final stages and conduct a thorough review noting any overdue maintenance, defects, and pending details.
Depending on what the inspecting architect finds, the results can have a major impact on the sale of the property. This service provided by HomeReady Global asks developers and construction managers to make any necessary repairs or updates to achieve 100%.
To avoid unpleasant surprises before a handover, developers or real estate agents thinking of selling can opt for a pre-sale property inspection, which provides them with a full report before the property is handed over. This way, a deal can be prevented from falling through due to painting, electrical, water supply, and other problems.