Buying, Selling Or Investing In Real Estate?

Whether you are in the market to sell a home, a property investor, a landlord with one or more properties, it is highly advisable to discover repair issues with the property – preferably while they are still potential issues. Of course, you should complete a yearly inspection of your property, but you should also inspect your property or properties regularly.

 There are some common areas that are overlooked during a quick inspection, especially in older homes, but it is important to include them in a complete property check. Our My Property Partner App (MPPA Lite) walks you through a checklist of all the items you should inspect regularly, inside and out. This can be extremely helpful, ensuring that you won’t miss items that could cause major issues later.

 ·        Insulation - Improperly sealed windows will likely dip into your heating and cooling bills. Worse, they can eventually result in mold issues due to the moisture they allow into the home. Leaks can be hidden within the walls, so be sure to check for evidence of water damage or dry rot around the edges of the window sill.

 ·        Plumbing - How old is the plumbing system in the property? Has it been serviced for routine maintenance lately? Older systems often have small leaks and corrosion that aren’t evident but can eventually cause major problems. Often low water pressure can be a tell-tale sign of an older system.

·        Foundation - Typically, foundation issues are very noticeable via floor warping or cracks in the drywall. However, these can be covered up. Be sure and check for doors and windows that aren’t opening and closing properly. This often indicates a hidden foundation problem.

 Regardless of your situation, the MPPA Lite app can be extremely useful. For property owners, the app can be used to follow up on any repairs completed. Create a new report with the date the repair was made, adding any relevant comments as to how the repair was completed, and pictures of the newly-repaired item. In the future when the details of the repair are a distant memory, the reports can be invaluable. For those looking to purchase or rent property, use the app to ensure you’re not stepping into a financial mess.

 You can read more about the many benefits of using MPPA Lite for inspecting your property here. Head over to our Frequently Asked Questions section for more information and feel free to reach out to us with any additional inquiries. Check out the app today!