No one likes pollution or unsafe buildings. That’s why every home buyer, seller, business owner, and tenant needs to understand commercial building inspections.
Commercial building inspections are supposed to be an objective, third-party professional exercise providing buyers with an unbiased opinion of the condition of the property on which they are spending their money. However, there are a lot of myths that make the process confusing for many. And that’s what we’re going to help you with.
In this post, we’ll discuss common misconceptions about commercial building inspections to help you come up with a more informed decision.
1. It Works Like an Appraisal
Let’s get this straight—building inspection isn’t the same as an appraisal. An inspection assesses the structural and mechanical condition of a building. The assessment helps check for any safety hazards and note the current conditions of specific components before the property is sold.
On the other hand, an appraisal is the independent evaluation of the property value based on the current market. Several factors come into play here, such as the condition of the property, which is why it’s often confused as the same as an inspection. Still, there are other factors that are considered here, such as the location and local market conditions, which are two things that are not included in a building inspection.
Furthermore, appraisals are performed for lenders to determine how much money they can loan the buyer.
2. Anyone Can Do It
No, not anyone can do a building inspection. However, home inspectors don’t necessarily mean they can perform a building inspection. Furthermore, experienced homeowners don’t also mean they can inspect commercial buildings accurately.
That said, you need a professional building inspector to have a commercial property inspected. Professional commercial building inspectors know the systems and components of this type of building. They know exactly what to look for.
3. It’s a Waste of Time
It’s true that a lot of home inspections find little to no issues at all, which makes a lot of people think that it’s a waste of time. The truth is, building inspections can reveal several issues that are worth exploring.
Something may seem minor, but it can blow up and cause major inconvenience if left for too long. Catching it early on with a building inspection can save you a lot of time and money in the long run. Furthermore, it can also tell you whether the costs of repairs are worth it to be shouldered by you, or you can have the seller pay for them instead.
It should be easy to get a commercial building inspection report for your business. But there’s more than one way to skin the cat. The right commercial building inspector depends on your particular situation.
That said, taking the time to find the right building inspector is crucial to your success.
Have your Building Inspected Today
We have debunked the most common myths about building inspections. Now, you can make a more informed decision to ensure you’re getting a safe and sturdy building for your business. All you need is to find the right home inspector for you.
AEI Inspections has expert structural engineers in Tulsa, Broken Arrow, and surrounding areas in North Eastern Oklahoma to help with building inspections. Our inspection will provide you with solid knowledge about the building you’re buying. Contact us today!