Purchasing a home is likely one of the largest investments you will make in your lifetime. It’s best to get an accurate and honest assessment of the current conditions of the home or condo before making this investment. A home inspection will also analyze and explain the systems, including plumbing, electrical, and others, of the property and how they function.
Building codes and methods are different in Mexico than in the US or Canada. Expat home buyers will have the added advantage of knowing exactly how their home functions before making the purchase by having a home inspections preformed on their potential investment. Know what light switch control which lights or don’t work at all, how the water filtration system operates, and what repair might need to be made to keep water away from entry doors during the rainy season.
Use an inspection as a bargaining tool or ‘an out’ if the issues are too major. When issues or damage is found and reported in a home inspection, these can also be used as contingencies for repairs or lower purchase price during the buying process. A complete home inspection can also uncover repairs and upgrades the buyer might want to make before moving in.
A home inspection can also offer peace of mind. When purchasing a property outside of one’s original country, it is nice to understand the systems the comprise the home and know the quality of the construction. It’s reassuring to know how many years the kitchen appliances might last, how old and the condition of the AC unit, and if any termite found in the property.
Most importantly a home inspection can uncover safety issues. A major mold problem can be hazardous to you and your family’s health. Poorly executed remodels and original construction can result in damage and injuries during major events like hurricanes and earthquakes. These issues are rare in Puerto Vallarta real estate but should be discovered through a qualified home inspection prior to purchasing a home.
When purchasing a condo or home in Puerto Vallarta, especially as a newly arrived expat, the best insurance for your investment is a qualified home inspection.