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Get the Most Out of a Downtown Minneapolis Property Inspection by Asking These 5 Questions, by Real Estate Expert Mike Weiland |
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Get the Most Out of a Downtown Minneapolis Property Inspection by Asking These 5 Questions, by Real Estate Expert Mike Weiland.
Note: You can access the best deals on Downtown Minneapolis condos as well as insider information about privately available condos in Minneapolis Condos!
Now that you've found a condo you're interested in purchasing, the next step is to make sure that everything is in order both inside and outside the condo. In this article, we'll go over a series of questions you should ask your condo inspector during the inspection. These questions will help you get a good idea of what condition your property is in.
Remember that you're paying for a service when you have a condo inspector come by. Don't be shy about asking questions. Most condo inspectors expect their customers to ask a lot of questions.
Question #1 Have the Foundations Checked
Most buyers know to ask the inspector about the foundations. While this is an important question to ask, do keep in mind that the inspector can only tell you about what he sees.
He cannot tell you if there are termites in the wood without a proper termite inspection. Rotting wood or water damage that's hidden is difficult to spot as well. The inspector can tell you what he thinks based on what's visible, but usually not much more.
Question #2 Electrical
What condition is the electrical system in? Are there any panels or wiring that's done unprofessionally? Is there any knob and tube wiring or any aluminum wiring in the condo?
Question #3 The Heating System
The heating system should always be inspected. It's important to ask about what kind of equipment you have, how old it is, how much longer you can expect it to last, etc.
Question #4 The Plumbing System
Make sure your inspector checks the plumbing system and tells you how old the system is. Check for signs of recent issues, such as a new sewer cap.
Question #5 Are there any potential fire hazards?
Safety is a prime concern when buying a condo. With older electrical or heating systems, there may be potential fire hazards that you should be aware of. Make sure with older condos to ask your condo inspector about these.
These are some of the more important questions to ask a condo inspector during a condo inspection. Again, remember that you're hiring this person for a paid service, so don't hesitate to make full use of their expertise.
There is a lot of free information available to you about buying, selling or investing in Minneapolis Condos or Minneapolis Lofts. For complete information about the Downtown Minneapolis condo market including current Minneapolis condos for sale, values, and more please visit the most complete website online dedicated to everything Downtown Minneapolis Condos at www.LivingInDowntownMinneapolis.com. Contact Mike Weiland & Elke Stephan with Edina Realty with any of your condo or mortgage related questions today. Call 612-735-6834 or email mike@mikeweiland.com.
P.S. You can access the best deals on Downtown Minneapolis condos as well as insider information about privately available condos in Minneapolis Condos!
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