Is Your Minneapolis Minnesota Condo Inspector Qualified?

Note: For a free Downtown Minneapolis Condo Buyer eBook that covers the condo buying process from begining to end click here.

While a condo inspection is now a given when purchasing a new condo, hiring a professional Minneapolis Minnesota condo inspector does not guarantee that a newly purchased house isn’t harboring any unpleasant surprises. What does that mean for the condo buyer? More costs that turn out to be completely useless?

Not exactly.

By and large, Minneapolis Minnesota condo inspectors or just condo inspectors in general are poorly regulated. The level of performance of each professional varies widely. In fact, according to the American Society of condo Inspectors (ASHI), a trade group based in Des Plaines, Illinois, only about 14 states require occupational licenses. And among those that do require licenses, only very few follow the lead of New Jersey, where inspectors must pass a lengthy written test and perform as many as 400 inspections. Not only that, but on some cases, they are even required to complete a training program at a state-approved condo inspection school before being accredited.

Minneapolis Minnesota condo inspectors and other such inspectors in many other states do not require certification requirements at all. Then, again, Minneapolis Minnesota condo inspectors are an indispensable workforce for the condo buying community. So what do you, as a condo buyer, have to do to protect your interest and hire a truly professional Minneapolis Minnesota condo inspector?

Here’s a list of what you can do to get the most out of your condo inspection.

Look for the Inspection Clause

The great thing about Minneapolis Minnesota condo inspectors these days is that their work is so popular that not only condo buyers require them, but condo sellers as well. In fact, a lot of condo sellers hire Minneapolis Minnesota condo inspectors to assess their condos in order to avoid any unpleasant surprises when they’re ready to close on a sale. Other times, they include an inspection clause in their real estate contract. This is what you should be looking for.

A typical contract allows condo buyers ten or so days after signing to have the property inspected. And although it is not always the case, it is important that your contract includes a clause for a Minneapolis Minnesota condo inspector. The results of the inspection can be used to ask the seller to fix trouble spots, or to adjust the selling price to cover the cost of necessary repairs.

References

With the absence of any state laws regulating the licensing of Minneapolis Minnesota condo inspectors, the best place to turn to would be trade associations. These types of organizations usually have a better barometer of a Minneapolis Minnesota condo inspector’s experience and skills than the typical word of mouth references you get either from your real estate agent or a few friends.

Get the Results in Writing

After performing an inspection, a Minneapolis Minnesota condo inspector is required to give you a copy of the report he made in a few days. Pay attention to this report as it is often an excellent gauge of how exhaustive the work is. If it’s little more than a checklist, then it’s insufficient. A complete report is even 20 to 100 pages long.

There is a lot of free information available to you about buying, selling or investing in Minneapolis Minnesota condos. For complete information about the Minneapolis Minnesota condo market including current condos for sale, property values and more please visit the most complete website online dedicated to everything Minneapolis Minnesota condos. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer your queries. Call me on my cell at 612-735-6834 or email me at mike@mikeweiland.com.

P.S. For a free Downtown Minneapolis Condo Buyer eBook that covers the condo buying process from begining to end click here.

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 Tags: Downtown Minneapolis condos, condos for sale in minneapolis, condos for sale in downtown minneapolis

Article's Author

Mike Weiland
The Weiland Group of Keller Williams Realty
Minneapolis, MN

Contact Mike Weiland