Whether you are buying or selling real estate, it is critical that you have the property inspected and that you disclose any issues that are required by law to disclose. For example, you may be legally required to disclose lead, asbestos or other toxins in the home. Failure to do these things can result in fines or other issues. However, it isn't always easy for real estate buyers and sellers to know what they need to do. Hi, my name is Mary. I have been investing in real estate since the week after I left uni. I love it, and I have learned a lot along the way. I want to help and inform others so I decided to make this blog. I hope you find it useful.
When you hire a service for body corporate management, you are paying for a service that will essentially be your eyes and ears on your propert. This is why it is extremely important for them to create and stick to a strict schedule for regular inspections of your properties. There are many property owners who do not fully understand the amount of damage that can be caused by one bad tenant. There is the natural tendency for home owners to assume if the rent is being paid and there are no incoming complaints, all is well.
The fact is, these assumptions can wind up in huge amounts of damage, which with regular inspections could have been avoided. Any time you are seeking services of a property management company, ask the following questions to ensure that they will provide proper inspections for your properties on a regular basis.
Most property body corporate management services have a process in place that provides for quality inspections. However, asking these questions will ensure that your property is well looked after in your absence and you are being supplied with all of the services that were outlined in the contract. After all, if you don't ask about this, there will be no way to know for sure that all of your properties are being cared for properly and inspected regularly.Share
4 January 2016