If you’ve ever been involved with real estate transactions such as purchasing a property, then you’ve had to engage the services of a realtor or a financial institution. It’s a necessary part of the American dream, as well as the dream of many people across the globe.
Before any property can be purchased it must be put through a complicated series of real estate, legal, and financial reviews. This includes property inspections and disclosure statements. During these procedures, there are many things to look at. Unfortunately, sometimes issues are either missed or concealed in the rush to clear a property for purchase.
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As part of our engineering services, we provide assistance during real estate transactions. Helfrich-Associates is often asked to conduct property and structural integrity inspections. Once our site and structure inspection has been completed, we work with the buyers and explain to them any potential problems that we uncovered during our review of the property.
When there are property site or structural issues that need attention, we will advise our clients as to whether or not the cost to mitigate these issues would generally result in a good or a poor investment. Regardless of whether or not we feel the property should be purchased, we will always provide the potential buyer a full review of our findings and the pros and cons of the state of the property and any structures located at the site.
Another type of real estate service we provide focuses on disclosures. We often encounter property owners who believe an issue was concealed during the disclosure stage of the purchase of their property. If the seller did not hire a firm like Helfrich-Associates to investigate prior to the sale of the property, we will conduct an investigation on behalf of the new owner.
We will check to find out whether the previous owner had any prior knowledge of the issue in question. In addition to help remediate the problem, we will provide an estimate to our client on the repairs required to bring the property up to usable condition.
We encourage you to contact us if you need assistance during your real estate transactions. We can help you make an informed decision, ensuring your property becomes a positive investment for years to come.
Do you have any stories to tell about the inspection and disclosure process? Tell us all about it in the comments, below.