It’s Inspection Day in Beverly Hills: Why Due Diligence is Essential When Buying a Home
It's Inspection Day in Beverly Hills: Why Due Diligence is Essential When Buying a Home | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert
Buying a home is a major investment, and it's important to do your due diligence before committing to such a large purchase. That's why inspections are such an important part of the home-buying process. Today, we're in Beverly Hills inspecting a brand new construction house, and we're taking a closer look at the importance of inspections when buying a home.
Think of inspections as the preparation for a wedding. When you sign a contract to buy a home, that's like getting engaged. Inspections are like the preparation for the wedding, and the closing is the actual wedding itself. During inspections, you get a chance to take a closer look at the home and make sure everything is in order before you commit to the purchase.
During our inspection of this brand new construction house, we're doing a multitude of inspections. We're doing general inspections, pool inspections, spot inspections, roof inspections, chimney inspections, sewer inspections, and structural inspections. We're even doing mold inspections, even though the home is brand new. Why not? Especially when spending 15, 20, $30 million or any price, it's essential to do as many inspections as possible so that you know exactly what you're buying.
It's easy to assume that a brand new construction home will be perfect, but the reality is that there can be issues with any home, regardless of its age. That's why it's essential to do as many inspections as possible, so that you can identify any potential issues before you commit to the purchase.
This is now the middle part of our inspection series, and we're just getting started. But the end goal is to ensure that everything is in order, and that the home is safe and sound for the new owners. Inspections can take time and cost money, but the investment is worth it in the long run. When you're spending millions of dollars on a home, you want to make sure that you're getting your money's worth.
In conclusion, inspections are an essential part of the home-buying process. Whether you're buying a brand new construction home or an older home, it's important to do as many inspections as possible so that you know exactly what you're buying. The investment in inspections is worth it, and it will give you peace of mind knowing that you're making a wise investment in your future. So if you're in the process of buying a home, make sure to do your due diligence and get as many inspections done as possible.