Purchasing a home might be one of the biggest investments you’ll make in your life. Apart from the fact that in this hectic market it often involves a real estate agent, a home inspection is also rule rather than exception, these days. Nicolette Kooijman, MVA Certified Expat Broker at Thoma Post Makelaars, will tell you more about a home inspection.

Nicolette Kooijman

What is a home inspection?

A home inspection is an independent, visual inspection of an existing property. Through this examination, you get a general idea of the structural condition of the house/apartment and insight into the costs of renovating it. The report also details the immediate repair costs and the costs of maintenance and improvements for the coming years. When it concerns an apartment, a distinction will be made between the costs for the Owner’s Association and the ones that are your responsibility. The house will be checked thoroughly from top to bottom, whenever possible.

An inspection is often part of the bidding/negotiation phase and takes place before the signing of a deed of sale or within the three day grace period. The inspection is preferably performed in the presence of the buyer, and is carried out by the inspector. You will immediately be made aware of any major structural defects. If there are any issues that you as a buyer didn’t count on, the purchase agreement can be dissolved, or perhaps there is room for negotiation. You will receive a digital report of the inspection within a few days.

In addition, most reports comply with the requirements set by the Nationale Hypotheek Garantie (National Mortgage Guarantee), Stichting Waarborgfonds Eigen Woningen (Property Guarantee Fund) and the Autoriteit Financiële Markten (Financial Markets Authority). These are all registered Dutch financial institutions. Your estate agent can help you find and make an appointment with a structural engineer to approve the purchased or almost-purchased property.

In short: you as a buyer and your real estate agent can perceive a lot of things, visually, but not everything (for example moisture behind bathroom tiles or rotten floor beams). To avoid unexpected surprises, an inspection provides you with a better insight into what you are actually buying.

Thoma Post Makelaars is affiliated with MVA’s Certified Expat Brokers. In case you have any questions, don’t hesitate to contact any of our MVA Certified Expat Brokers. We would love to be of assistance.