When you purchase new business property, whether you're leasing or buying it, don't forget to get it inspected before closing the deal. A building inspection is part of due diligence and will help keep your purchase safe and sound—and hopefully without any nasty surprises after closing.

You might think that an inspection makes sense only if there are major issues you need to know before buying, such as serious disrepair or toxic mold growth. But even small concerns can turn into expensive problems, given enough time and neglect. It's better to learn about them now than after the deal has gone through and it's too late to change anything—or worse after your home's been flooded or started to fall down around you.

Selecting an Inspector

The best inspectors are those that come with references from satisfied customers. Ask for their business card and contact information on at least three previous clients, then follow up with phone calls to verify the "oldest" client is still pleased (they might not be now!) Be aware of any red flags—like no place of business, only a cell phone number, refusal to answer pointed questions about their experience or knowledge base. Also, notice that an inspector wants full payment upfront—many legitimate companies will ask for payment once the report has been delivered.

 

Check the Piping

A new building is a great investment for your business—but only if it's free of defects. Hiring professionals in commercial plumbing in Vallejo is always recommended. They will check the piping in the building. It’s advisable that you learn of any sewer line repairs in Vallejo before moving forward with the purchase or lease. Additionally, any problems with plumbing in Vallejo will also need to be addressed. If the building has been vacant for a while, it’s best to call in an expert in water heater installation in Vallejo to check and ensure that all pipes and electrical lines are intact before you move your business equipment in. Prevention is cheaper than trying to repair damage after it has already occurred.

Ask Questions Before Closing

Ask any questions you might have about the condition of the unit and building before closing. There may be problems with the building's infrastructure, such as a lack of ventilation or outdated electrical work. Inspections can help you know what might need to be fixed before you move your business into the space. There may also be a problem with mold growth. If there are any areas of concern, you can discuss issues with the contractor before everything becomes final.

Asking these questions upfront will provide you with peace of mind that your business facility is functional and safe for employees and clients. It’s also paving the way for future growth potential.

No matter how diligent or cautious you are when buying a new property for your business, it’s difficult to catch every single detail in advance—but don't let this stop you from getting what you want! Instead, be thorough in your research and speak with professionals that will set you straight.

Posted

November 08, 2021

Author

Ron Burris
More By Ron Burris

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