There is a difference between a property inspection and a home inspection

Nov 12

If you are late on your mortgage payments, your servicer will schedule property inspections each month. This is to protect your rights. They look for damage done to the property by both sides and could lead to foreclosure.

Home inspection:

Inspector https://www.gmginspections.com/ is a common requirement when buying a home or selling a property. An inspector can inspect your house's electrical and plumbing systems and advise you if there are any issues.

Heating system
Air conditioning system
water heater
interior plumbing
Electrical systems
walls/ceilings/floors
Attic & Roof
Windows
Foundation and basement

Home inspectors can provide additional services such as mold and water quality testing. This allows them to decide whether or not they want it. Routine inspections are required for all homes, even those that are still under warranty.

Property Inspection

Property inspections are often part of foreclosure proceedings. They may hire someone to inspect your property in the event of any violations or late payments.

What's the purpose of property inspection?

Property inspections are conducted to inspect for damage and to keep an eye out for thieves.

How to inspect and calculate the cost of a property:

Property inspections are an inspection that evaluates the object's condition. Property inspectors often perform drive-by inspections. They can cost from $10 to $50. This type of inspection does not reveal the hidden contents behind closed doors.

An inspection of a Long Island home can reveal problems with electrical wiring and plumbing.

There have been some courts that rule that repeated Long Island home inspections are not necessary, provided the loan servicer makes contact with the homeowner to find out if there are problems.