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Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

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Don't Do An Inspection on Your Vancouver Condo Until...

Vancouver Condo Real Estate Video Blog #682 - August 8, 2011

 

Don't Do An Inspection on Your Vancouver Condo Until...

 

Ian Watt video blogs about how you should always do an inspection when you are buying a Vancouver condo but don't do the inspection until you have read all the strata documents as the minutes will certainly give you an idea if this building has major issues or not.  If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs. Please note that opinions, real estate practices, prices and data always changes over time, so please keep in mind the date when this video was published as the information could have become irrelevant over the past days, months and years. Copyright iWatt Media © All Rights Reserved 2011 www.iWatt.ca .

 

 

Ian Watt: Hi good afternoon it's Ian Watt in Downtown Vancouver. Now I'm gonna say this for a liability reasons only. You should always have an inspection if your buying a Vancouver condo. Of course you should always have an inspection but you shouldn't do your inspection on the first day after getting an accepted offer. What you should do is do your diligence first, say you have one week to remove your subjects. What you should do is read all the minutes for the first 3 days make sure there no issues, make sure it's a proactive strata, make sure they addressing any problems before you waste for five hundred dollars on an inspector. Because you know what the inspectors gonna find out the dishwasher's broken you can bought a new one for five hundred dollars and if the minutes are littered with problems that are not being address your not gonna buy it anyways. So save your money do the inspection if you can do one on the last day or second the last day before subject removal. You will definitely know what kind of building your gonna buy into just for a minutes alone. My name is Ian Watt and if you have any questions. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!