No matter what the other party says about using “their guy or girl”, you want to pay the extra to make sure of the true results. You should always keep appraisals and home inspections separate from real-estate agents and the opposing party in the transaction, this will insure that everything is done legally and above board. There are several reasons to hire a state licensed appraisal service other than just selling or buying property.

Often times an appraiser will need to be called in as expert witness to testify about the valuation of a property after a judgment has been asserted on the real estate. This will be necessary to see how much money the sale of the property should bring in to quash the court ordered debt repayment to a creditor, or lien holder. There are a plethora of other legal reasons to use an appraiser in court proceedings, and the number one reason is usually for a divorce settlement. This is to determine the value of all real property for equal division.

When the need for an appraisal service for back taxes by city, county, state or federal entities are due, and needs to be assessed. This will determine if the amount owed to the government body can be covered by the sale of a person’s home. It can also be used to correct any incorrect findings by the government to ensure that a client is getting the total value of their property recognized. When searching for an appraiser as a witness, make sure they have had experience in court, and will be helping you rather becoming a financial liability.

There are also issues that legally come up about eminent domain cases, history of property flooding, Estate settlements, and analysis of cost due to insect infestation. This type of service is invaluable to civil cases, and can mean the difference between winning and losing a sizable amount of money when not represented properly.

Predominately lending institutions such as banks, and credit unions will have an independent appraiser provide a detailed report of the value of a home or vacant land that a client is trying obtain a loan for, and will need verification of it’s worth before considering a loan of such proportion.

Whether a house is new or old, it is imperative that a pre-purchase property inspection is obtained. The biggest mistake a novice property purchaser could make would be to skimp on the cost of obtaining an independent property inspection report.Buying a home is definitely the biggest financial investment that most people will ever make in their lives. Most times, the decision to buy a home comes after years of saving and sacrifice in order to make that huge investment. You want to know that the investment you’re about to make is perfect, and this is why a property inspection is absolutely essential.

Property inspections are carried out by a group of professionals who do a visual assessment of your potential home in order to uncover any existing faults, as well as identify any potential problems. In other words, you will know exactly what problems, if any, are connected to the home you might decide to buy.

Apart from knowing what faults the home has before you buy it, property inspections also prevent any surprise repair bills you may encounter once you have bought your home. These professionals will also advise you as to what type of maintenance will be required to keep your home in tip-top condition.

Home sellers too, will benefit from a property inspection. The seller will be advised of any potential problems that can be rectified before the house goes up for sale, which means that, as the house is in good condition, it will be sold a lot faster.

The great thing is that you don’t even have to be there during the property inspection – access to the house can be arranged with the estate agent. In fact, it is better for the property inspector to do his assessment on his own, as this allows him to fully concentrate of what he is doing, which can sometimes take a few hours. Although, it is perfectly acceptable for you to walk around with the property inspector should there be any specific problem that you would like to discuss.

Even if the home you are contemplating buying is brand new, a property inspection should be carried out. Shoddy workmanship does sometimes occur and can cause problems, sometimes serious, that will only become evident later on. This of course, could mean a lot of extra expense to you, the buyer.

Property inspectors are only there to check for problems to the home that you might buy. If problems do occur, they do not do repairs or refer building companies or contractors to do the repairs. However, once the repairs have been carried out, the inspector will come and do a re-inspection to see that repairs have been completed and done so correctly.

Property inspections – why are they important? They are essential to ensure that the investment you’re about to make is sound and secure, by checking it from top to bottom, and one that you will never regret.

Childs Property Inspections has grown from strength to strength since Gavin Childs first established the business in 1996. This business has fast become one of the largest, most reputable inspection companies in NSW.They have a very experienced team that has extensive knowledge to offer you the most professional reports, while still maintaining the personal service that has brought us so far. Over the years they have become a trusted and well respected name within their profession.