A commercial real estate transaction can get complicated as you navigate through all the formalities of your investment. One essential step in the process that can actually serve as a powerful tool is the building inspection. At United Property Inspectors, Inc., we understand how a detailed assessment of the property’s condition can significantly impact the terms of the deal. In this article, we’ll discuss the role of a commercial building inspection and how it can give you the leverage to negotiate a better deal.
Identify Structural and Mechanical Issues
A comprehensive commercial inspection will help reduce your investment risk. It will evaluate the building’s structural integrity and the condition of the major systems, such as electrical, plumbing, and HVAC. If the inspection uncovers any major issues, you can determine whether negotiating or walking away is the best step forward.Evaluate Compliance with Building Codes
Commercial properties must follow strict building codes and regulations to protect the safety and accessibility of all occupants. The certified inspector will be able to uncover areas where the building does not meet standards. If any non-compliance is detected, you can negotiate with the seller to bring it up to code.Negotiate Repairs or a Lower Price
If any significant flaws or potential problems are identified, you will have the power to negotiate with the seller. Whether you ask them to repair and remediate the issues before you take possession or to lower the asking price, the ball is in your court to decide the direction of the negotiation.Calculate the Cost of Ownership
A commercial building inspection will help you calculate the true cost of ownership of your investment property. By highlighting required upcoming expenses, you can factor the repair and replacement costs into your negotiation. This will ensure that the final price reflects the money you may need to put into the property.Schedule Your Building Inspection
A commercial inspection is essential for a wise investor. From warehouses and office buildings to restaurants and retail spaces, the certified property inspectors at United Property Inspectors will deliver thorough assessments. Contact us today at (916) 788-1111 for more information or to schedule your commercial inspection. We serve Sacramento, Rocklin, Roseville, and the surrounding areas.