* We are a full service inspection company and are able to inspect your residential properties with the same level of professionalism and customer service you receive with our commercial inspection services.
* Whether it is your personal home or a residential investment property we can provide you with the information you need to make informed financial decisions.
* Any home, new or old, could have a costly issue or defect if not detected by one of our certified professional home inspectors. In fact, most concerns we find in a home or building are not known to the seller before our inspection. This means existing conditions which are not included in a seller’s disclosure report could affect your personal finances for years to come - or more importantly...affect the safety of you and your family.
* We have the trained eyes from years of inspection and construction experience which will provide you with the most detailed, comprehensive home inspection possible. We provide all of our clients an inspection that is an unbiased third party evaluation of every component and system of a home or building.
* Reduce Your Real Estate Risks!
* Imagine buying a property and then, after you've bought it, discovering a major mould problem or that the roof needs to be replaced. These issues, and others, can cost you thousands of Rands to repair.
* This is information you would have wanted prior to purchase, isn't it?
* Did you know that an inspector is an independent consumer advocate working for you during real estate transactions?
* Our experienced inspectors can help you with your inspection needs.
* Buying, selling, or maintaining, ... you need to know the condition of your property.
* Pre-Purchase (Buyers) Inspection
* Pre-Sale (Sellers) Inspection
* Pre-Lease Inspection
* Post-Lease Inspection
* Limited Scope Inspection
* R C Property Inspections has a broad base of experience, knowledge, and training on building inspections and building envelope investigation. We can help identify the causes of water infiltration issues, construction defects, and other building failures.
* We can help you reduce the risks of buying or owning property!
* Unknown Defects, Bad Investments, Moisture Problems, Mould...
* Property condition is a critical factor in the success of your business. You know that unknown defects and unplanned repairs affect the profitability of your investment.
* Why let that happen to you?
* We can help you reduce the risks of buying or owning property!
* Buyers Remorse
* Bad Investments
* Litigation
* Lost Revenue
* Reduced Productivity
* Impacted Cash Flow
* Non-Budgeted Costs
* Our team approach is unique and allows us to provide you with a full range of services for a reasonable fee. You pay only for the professionals and services you need - and only when you need them - which will save you money. One point of contact for all your inspection needs saves you time. Time you can now spend managing your business.
* The services provided are designed to meet your information needs and budget requirements. Depending on your needs and the complexity of the building we can draw from a team of experts to perform specialized inspections-ranging from structural engineers to elevator specialists. We ensure that the right professional is on the job at the right time.
* With a reputation for thoroughness and reliability, our inspectors are qualified to assist you with all your inspection needs.
* Protect Your Investment in Commercial Real Estate
* Addressing Your Investment Concerns
* Whether buying or leasing a commercial property you are making a significant investment of time, money and resources.
* Guessing at, or even worse, not knowing the condition of a property before you make an investment can have consequences that you do not want… or may not be able to afford.
* Property condition is a critical factor in the success of the deal - and your business. Unknown defects and unplanned repairs affect the profitability of your investment. Our inspection services can significantly reduce your risks
* Through interview and consultation we will determine what type of information you need from the inspection. Our services are designed to meet your information needs and budget requirements.
* All inspection services are tailored to your needs. Whether you need a building assessment, complete due diligence inspection, limited scope inspection, maintenance inspections, or any other building inspection need.
* We can help you reduce the risks of buying or owning property
* Property Condition Assessments (PCA) are a specific kind of due diligence inspection which are typically performed pre-purchase, pre-lease, or post-lease. They allow you to carry out a cost effective risk assessment of the property and its systems.
* In today’s real estate market, understanding the service life of a building and its components is vital to realizing its investment potential. At the same time there are health, safety, accessibility, and compliance standards that must be met.
* A Property Condition Assessment (PCA) provides you with a comprehensive report on the current condition of a building’s systems. It identifies property deficiencies and areas requiring repair, replacement or upgrading. An assessment can also evaluate risks posed to the property’s value resulting from deferred maintenance and other areas where repairs or replacements have not been made.
* The information obtained during the assessment provides commercial real estate owners, buyers, sellers, and lenders with an independent evaluation of a properties actual condition.
* "To buy, or not to buy?"
* A Property Condition Assessment (PCA) can help you answer the above question, as well as other questions that you may have regarding the property.
* What condition are the building's systems and components in?
* What costly defects are there which require attention now?
* What expenditures will be required to repair, maintain or replace items in the near future?
* Your decision to have a Property Condition Assessment performed provides you with objective information that will allow you to make well-informed business and financial decisions about your property acquisition
* Whether you own or lease, a lot of things have changed since you made your investment. I’m sure you’ll agree that unknown defects and unplanned repairs affect the profitability and cash flow of your business. Why let that happen to you?
* Reduce your risk! Have a deferred maintenance inspection performed by our trained and certified inspection professionals. Everyone needs protection against the expenses that occur as buildings age and components wear, eventually requiring repairs or replacement.
* Our inspection services can save you time and money.
* By knowing what issues your building has you can be in better control of your finances and your budget.
* Hidden issues, moisture issues, liability concerns, aging heating equipment, leaking plumbing components, roofing problems, normal wear and tear …time has a way of sneaking up on a building, and then all at once it seems issues start appearing.
* “It’s the little things that get you” when it comes to deferred maintenance issues. And as time goes by, all those small problems are turning into larger problems. Larger problems with larger costs to replace or repair.
* Preventative maintenance can save you up to 15 times the total cost of repairs!
* Research by the Geaslin Group has shown that the real penalty for deferring building repairs and maintenance averages 15 times the cost of timely repairs.
* Here’s an example…We inspect your property and find a small roof leak. Have a contractor repair it now and your cost to fix is R300.00. A small price to pay to protect your investment and give you peace of mind.
* But let’s say you decide to put off repairs till later.
* Just imagine the day when you walk into your building and find that a section of ceiling has fallen down, water is on the floor, and your supplies and equipment are now only good for sponges and door stops. It’s still raining as you make hurried calls to contractors trying to get someone out to fix the roof. Finally someone agrees to perform the work, fixes your roof, and hands you the bill.
* Your cost to fix the damaged area of roofing and water damaged substructure is R5250.00
* WOW... Over five thousand Rand to fix that roof.
* Don’t forget to factor in the extra costs of interior repairs due to water damage, the cost to replace damaged inventory, repair damaged equipment, business downtime, etc…
* The actual cost to repair what was originally a quick and easy fix for a few hundred rand, is now well over five thousand rand. Keep in mind that those costs don’t include the frustration and aggravation of knowing that you could have prevented this from happening.
* I am sure you would much rather pay the R300.00 than the R5250.00 to fix the issue. However, you won’t have that as an option if you don’t know that you have an issue that needs attention!
* Let our experience and knowledge help you protect your property and your business.
* Our professional inspectors will inspect your building and facilities for deferred maintenance
* issues, areas that are in need of repair, improperly done repairs, components that are reaching their life expectancy, safety issues, and much more.
* After the inspection you will know whether there are big problems or little problems. You will know what to fix first and what items to budget for repairs or replacement in the future.
* When entering a lease agreement, an inspection can serve both parties by describing the conditions at the beginning of the lease period. Often, a second inspection is undertaken at the end of the lease to review the building condition.
* Performing an inspection at the beginning and end of lease agreements can serve both parties by documenting conditions and comparing levels of deterioration or maintenance.
* When leasing a building, many times the lessee is responsible for certain aspects of the building and its mechanicals. For those going into triple-net lease agreements we can provide an independent inspection for costing purposes as well as third party verification of the buildings condition.
* Pre-Lease Post-Lease Sublet Rentals
* R C Property Inspections can inspect your rental or leasing property to ensure that the property is compliant with local requirements and that the items you are responsible for, as part of your agreement, are in good condition.
* With our reports and photos, you can ensure that you know the condition of the building and property, and have therefore reduced your risk, before you agree to lease or rent the property.
* Your decision to have a Pre-Lease or Post-Lease Inspection performed provides you with objective information that will allow you to make well-informed business and financial decisions about your property acquisition.
* The Sectional Titles Schemes Management Act came into force and Reserve Funds for bodies corporate are mandatory and the Minister prescribed mandatory minimum amounts of 25%. This means that the lax attitude most bodies corporate in South Africa have been taking towards reserve funds will no longer be an option.
* A Reserve Fund is a long-range financial planning tool that provides a funding plan to offset the anticipated costs of repairs to and replacement of common property assets.
It is a fund set up by the body corporate to cover the costs of future capital expenses such as painting the building, driveway refurbishment, replacement of common property items like carpets, roofing, guttering, lifts and so on.
A long-range financial planning tool that provides a funding plan to offset the anticipated costs of repairs to and replacement of common property assets.
Translation: It’s a report that tells the BC:
- What common property assets it owns
- When these need to be repaired and replaced
- A realistic estimate of what the repairs and replacement will cost
- How this money should be raised
- To keep the market value of the units in the scheme up
- Regular reserve fund contributions = fewer special levies: This proactive approach means rather than getting nasty surprises and the BC is forced to react to unplanned major expenses, owners understand their regular liabilities and when they occur.
In the sectional title industry overseas, there are companies that specialise in doing professional Reserve Fund Plans for sectional title schemes. In South Africa there may be companies that offer a similar service but it is also possible for the trustees, with the help of their managing agent if they have one, to put a Reserve Fund Plan together themselves. Here’s how:
Put together a comprehensive list of all the common property assets which may include fences, driveways, paving, letterboxes, intercom, plumbing system, lighting, outer-walls of the building, roofs, gardens, swimming pool, lifts, passages and so on.
Decide on a time-frame for repair work and replacement of items. Long-term owners or a managing agent that has been looking after the scheme for many years may know from previous experience how often repairs and replacement of certain items are needed. Guarantees from previous contractors may also assist, for example, if the company that last painted the building gave a five year guarantee you can assume repainting will be needed five years from the date the building was last painted. Warranty statements or service plans may help you estimate the working life of items such as automated garage doors, communal washing machines and lawnmowers.
Investigate the costs of repairing and replacing common property items. To obtain relatively accurate estimate costs we suggest you take inflation into account and obtain current quotes, talk to tradesmen, refer to service plans, previous quotes and invoices.
Once you’ve figured out how much money the BC needs to raise for the common property assets, create a time line and figure out what annual allocation to the reserve fund is necessary. These amounts should then be included in the proposed budgets for the coming years as and when those budgets are drawn up.
PROPERTY INSPECTIONS & MAINTENANCE
COMMERCIAL & RESIDENTIAL
22 Sedona, Flora Haase Street,
Amorosa, Roodepoort.
Call: +27(0)72 428 2825
E-mail:info@inspectorproperty.co.za
Crafted by Creative Culture.
