The importance of home inspections in Albuquerque

Home inspections are key to buyers making informed decisions; choosing quality inspectors and understanding what the inspection covers are critical as well.

In the world of real estate, there are many decisions to make when buying a home in Albuquerque. One of these is whether to have the home checked for any defects or problems. This is known as a home inspection, and while it is not always a requirement of the purchasing process, there are many reasons why homebuyers should consider having it done.

Identifying existing issues

One of the biggest concerns that many purchasers have is whether homes are structurally sound. For example, some houses have problems with rusted pipes, bug infestations, mold, leaking roofs and crumbling foundations-complications that, oftentimes, are not evident to the average person. A professional can help pinpoint these issues before a contract is signed.

If an inspection uncovers problems, the homebuyers can ask the sellers to fix the points of contention before the sale proceeds. Alternatively, the homebuyers may prefer to negotiate a lower price for the property. In some cases, the issue(s) found are serious enough to significantly postpone or even call off the purchase.

Projection of future problems

A leaking roof is an immediate problem that a home inspection should uncover, but the process should also identify potential future issues. As an example, worn roof tiles might indicate that within the next two years, the roof is likely to become ineffective. Such a scenario could lead to a homebuyer requesting tile replacement before the sale occurs.

Other future complications may include rotting wood on a back deck, a basement that is prone to flooding and potential fire safety hazards such as those found in an outdated wiring system. Even if homebuyers choose not to negotiate a lower price or to ask for repairs, simply knowing that these issues exist goes a long way and can prevent litigation.

Tips for an effective inspection

New Mexico does not require that its home inspectors be licensed, so choosing a trained and certified professional is essential to ensure that the person hired meets certain standards. Homebuyers should always ask what areas are covered under the process and if the inspector offers services that are commonly extra (for example, radon testing, oil tank testing or well water testing), and for how much. The costs vary, depending on the size and condition of the home, as well as the exact services needed.

Buyers should plan to attend the home checkups, but whether they do, the person they hire will send a detailed report explaining any issues and, ideally, the approximate cost to repair them.

Home inspections in New Mexico spot many issues with property purchases and prevent quite a few complications from happening. However, in some cases, inspections do not detect problems that they should have. When this happens, homebuyers may want to speak with an attorney about their options.

  • New Mexico Board of Legal Specialization
  • NMLTA
  • Member of Community Associations Institute