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Your inspection: 7 things to know about pre-purchase building inspections

  • Written by NewsServices.com


You are buying a home and, naturally, you are keen to sign the dotted line. You have come across what appears to be your dream home: it ticks all the boxes when it comes to size, amenities, location etc. and for this reason you just want to pack your things and move in already. 

You may be too excited to want to bother with a pre-purchase inspection - this is totally normal! But by doing so you might find yourself truly grateful further down the track. 

Why? Because enlisting the best building and pest Tallebudgera inspectors can save you from all kinds of problems in the future. 

Here are seven things you should know about pre-purchase inspections and why they should never be overlooked when buying a home:

 

  1. What is a building & pest inspection?

 

A building and inspection is conducted on properties to find defects like structural faults, cracks, safety hazards and pest infestation among other things. The service is designed to save homebuyers from purchasing a property that is faulty or potentially paying too much for a property that is in need of repair.

 

  1. How do you find the right inspector for the job?

 

It is always best to enlist a reputable building and pest inspector who has the experience to do the job properly. Qualified, industry-respected building and pest inspectors typically have years of experience and can detect all kinds of problems that can occur within a home. 

Whether it’s structural damage, rising damp, some kind of safety hazard or termites, a qualified building inspector can detect it and ensure you don’t get duped on a faulty property.

 

  1. Do inspections just run for one day?

 

Pre-purchase home inspections typically take two or three days to complete a thorough inspection. You should seek permission to inspect the building early on in the negotiation process as this will give you time to think about whether purchasing the property is right for you or not.

 

  1. Is there a cooling-off period?

 

You will be afforded a five-day cooling-off period after exchanging contracts. This will give you enough time to cancel the purchase given you provide written notice. If you choose to have an inspection in this period be sure to inform the inspector ahead of time and provide the agent or seller a letter notifying of your withdrawal should you choose to do so.

 

  1. Are pre-purchase inspections costly?

 

Inspections can cost anywhere from $400 in regional areas to $1,000 in metropolitan areas. However, this price is minimal when you consider the massive financial investment you are making with purchasing a property and the thousands you could potentially save yourself on repairs, infestation removal etc.

 

  1. What are the pre-purchase inspection’s contents?

 

The format and details of the report depend on the property’s age, condition, size and type. The inspector will use a particular process when detailing their report and this can include visual information like photographs. The contents will detail the exterior, interior, roof space, roof exterior and under-floor space.

 

  1. What might not be included in the report?

 

Your report may or may not include the following, depending on the type of property etc.:

 

  1. Sections of the home that were unable to be inspected;

  2. Estimated repair costs;

  3. Minor defects;

  4. Issues that surpass the inspector’s area of expertise.

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