Reduce Foreclosure Risk ? Hire a Structural Engineer
A structural engineer can be a valuable asset to those interested in purchasing foreclosed property. Foreclosed homes may have maintenance and repair issues caused by years of neglect. Over several years, these problems may escalate to the point that they become a threat to the entire structure. In some cases these problems are obvious and sometimes they?re largely hidden.
Florida sellers are required by law to disclose problems that are not obvious if they might affect the property value. Property in foreclosure however, is typically owned by a bank. They don?t live on the property and in fact, may never even visit the property. They cannot disclose information they?re not aware of. The result is that they sell these properties ?as is.? In these cases home inspectors and structural engineers can help.
Structural engineers have education and experience understanding and analyzing structures and materials. They understand what makes a structure stable and what problems could undermine that stability. They will examine the walls, beams, foundation and other structural components to find evidence of deformation or deterioration that might affect the whole structure.
What?s the difference between a structural engineer and a professional home inspector? A home inspector is qualified to carefully examine a home and the systems it contains, such as electrical, plumbing, etc. Their job is to describe what is visible. Only a structural engineer is qualified to diagnose a structural problem, and recommend solutions.
A home inspection is recommended for all foreclosure purchases. Most smart home buyers will hire a home inspector before they purchase any home. A professional inspector can uncover issues that could turn into expensive problems over time. Forewarned is forearmed as the saying goes. In this case a professional inspection and a little negotiation will usually solve the problems.
When visiting the foreclosed property, inspect the structure and property carefully. Consider calling a structural engineer if you find walls that lean, floors that slope, windows and doors that bind, cracks in the walls or foundation or porches that slope toward the house. These may be signs of larger problems.
The purchase of a foreclosed home should not be a high risk venture. Many of the risks involved can be understood and averted with the help of a professional home inspector and a structural engineer. These experts are highly trained and independent and can offer you the peace of mind you need to purchase a home or to make a safe investment, - 23159
Florida sellers are required by law to disclose problems that are not obvious if they might affect the property value. Property in foreclosure however, is typically owned by a bank. They don?t live on the property and in fact, may never even visit the property. They cannot disclose information they?re not aware of. The result is that they sell these properties ?as is.? In these cases home inspectors and structural engineers can help.
Structural engineers have education and experience understanding and analyzing structures and materials. They understand what makes a structure stable and what problems could undermine that stability. They will examine the walls, beams, foundation and other structural components to find evidence of deformation or deterioration that might affect the whole structure.
What?s the difference between a structural engineer and a professional home inspector? A home inspector is qualified to carefully examine a home and the systems it contains, such as electrical, plumbing, etc. Their job is to describe what is visible. Only a structural engineer is qualified to diagnose a structural problem, and recommend solutions.
A home inspection is recommended for all foreclosure purchases. Most smart home buyers will hire a home inspector before they purchase any home. A professional inspector can uncover issues that could turn into expensive problems over time. Forewarned is forearmed as the saying goes. In this case a professional inspection and a little negotiation will usually solve the problems.
When visiting the foreclosed property, inspect the structure and property carefully. Consider calling a structural engineer if you find walls that lean, floors that slope, windows and doors that bind, cracks in the walls or foundation or porches that slope toward the house. These may be signs of larger problems.
The purchase of a foreclosed home should not be a high risk venture. Many of the risks involved can be understood and averted with the help of a professional home inspector and a structural engineer. These experts are highly trained and independent and can offer you the peace of mind you need to purchase a home or to make a safe investment, - 23159
About the Author:
Florida Engineering Solutions is committed to providing the structural engineering services, plans, and support you need to streamline your commercial or residential project. We offer state-of-the-art analysis and design and quick turnaround. When you need a structural engineer for your next project, consider FES. Mary Smith is a freelance writer.
posted by X - Men @ 2:45 AM
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