Are you thinking of giving that building inspection a miss? Think twice before you do.
Buying a house is one of the most exciting things you’ll ever do in your life and is potentially the largest investment you’ll ever make. Unfortunately, it can turn into somewhat of a nightmare if an inspection isn’t part of the buying process. Some buyers prefer not to have to deal with the hard truths when it comes to purchasing a property, assuming that everything will be fine - when in many cases, it’s not. If you think undertaking a Pre-Sale Building and Pest Inspection report is a waste of time, read on.
- It’s just an extra cost I don’t need
In an effort to quickly close the sale, it can be easy to dismiss a building inspection and worry about the repercussions later. What seems like a good idea at the time can cause you a lot more heartache than you bargained for in the long run. If you’re prepared to invest your life savings on the house of your dreams, then you can’t afford to lose your hard earned money repairing unwanted building defects or fixing pest damage. A building inspection is one of the smartest things you can do when buying a new home. For example, you might not see asbestos or termites but it doesn’t mean it’s not there. Ask yourself, would you risk driving a car without proper insurance? If the answer is no, a building or pest inspection is your best protection against disaster.
- The property didn’t have any visible or obvious defects at the pre-sale inspection
No matter how much you love a house, you must never purchase something without doing a thorough building inspection. What is not obvious to the naked eye (think asbestos, termites, heating, electrical issues or structural damage) will become more apparent when you’ve legally settled and moved into your home. How stressed would you feel knowing you now have $20,000 worth of pest damage to deal with? It’s certainly not an ideal situation to be in however you’d be surprised how many people find themselves in situations like this, all because an inspection wasn’t done.
- The sale process is happening too fast and there’s no time to do further investigations
A typical scenario: It’s been 7-12 months of searching for that perfect home. You’re exhausted, tired and just want it over and done with. You finally find what you’re looking for, put a bid on that house and sign the relevant contracts. With a small window to work with, everything is completed so fast; the last thing on your mind is a building inspection. If you really love your home, it’s better to be safe than sorry. All buyers have a 3-day cooling-off period after signing the contract. Your best bet is to get the home inspected during this timeframe without the risk of incurring any fees or legal costs. Alternatively, you could add a 7-day contingency plan into the contract that is subject to a building inspection. This not only protects you as a buyer, it gives you extra peace of mind moving forward.
Inspec Building and Pest will help prepare you for that future property purchase, saving you valuable time and money. Inspec provide building and pest inspections in the Central West, Bathurst, Orange and Blayney to ensure that you potential property is up to standard.