- Home Inspection By Certified Profession Inspector (CPI)
- Easy To Read Report With High Definition Photos
- Color-coded Areas Highlighting Defects And Safety Items
- Inspection By Experienced Real Estate Investor
Multi-Unit Housing Inspections
Multi-unit housing properties (otherwise known as multi-family) are typically bought and sold as investments. They are primarily held for cash flow purposes. Unlike single family residences, the values of this real estate are directly tied to factors such as occupancy rates, rental rates, and expenditures for upkeep, taxes, etc.
The vast majority of multi-unit housing that is bought and sold in the Detroit Metro market has substantial deferred maintenance. The need for a qualified home inspector with practical knowledge of these types of properties cannot be overstated. I am an experienced real estate investor and does all of our multi-unit (multi-family) housing inspections.
During due diligence I recommend every individual unit be inspected. Occasionally a buyer will only want to inspect a portion of the building’s units. This is not a prudent move. For example, a buyer wanted a multi-unit housing inspection with only a portion of the individual units examined in order to save money.
After closing, one of the units not inspected had a mold issue. Repairs wound up costing more than 6 times as much as she “saved” by not examining all units. Obviously, this was a hard-learned lesson and one that will never be forgotten.
Like all of my reports, the multi-unit housing inspection report includes photos as well as clear explanations of what is discovered. My goal is to uncover the true condition of the property making sure my client fully understands it. Armed with this information, the client and her/his agent can make informed decisions on how to best proceed with the real estate transaction.
We examine the following areas: