In the exciting whirlwind of purchasing a property, it’s easy to get caught up in the emotions and overlook crucial details.
One step should never be skipped – the professional building inspection. It will uncover hidden problems and potential risks, saving you from costly surprises down the track.
A thorough inspection is not just a good idea but essential – your lender will insist on a formal inspection as a condition of issuing a loan.
A home inspection involves a visual assessment of the property’s interior and exterior, including the roof, walls, foundation, plumbing, electrical systems, and more.
A qualified inspector will identify any existing or potential issues, such as structural damage, faulty wiring or plumbing problems. You’ll likely be asked to commission a pest inspection for infestations and an assessment of any termite damage.
Here are other helpful points to consider:
Negotiation Points: If the inspection reveals any issues, as a buyer, you can use this information as leverage in negotiations with the seller. Request repairs be made before the sale is finalised, or negotiate a lower price to reflect the cost of repairs.
Protecting Your Investment: A home inspection will help you make an informed decision about whether to proceed with the purchase. Even if the inspection reveals minor issues, it’s better to be aware of them upfront so you can factor them into your budget and planning.
Choosing an Inspector: It’s crucial to choose a qualified and experienced building inspector. They must be licensed and insured.
Don’t Skip the Inspection: While it may be tempting to skip the inspection to save time or money, it’s not worth the risk. Building and pest inspections are a small price to pay for the peace of mind.