Purchasing a property will most likely be one the largest investments you will make during your lifetime. Whether you choose to purchase an existing house or a newly constructed property it can sometimes be a stressful process even when everything is going to plan.
Learning as much as possible about your new investment during the purchasing process just makes sense. The last thing you want is any nasty surprises when you finally move in or hand the property to a tenant. Eliminate the risk.
A property inspection enables you to make an informed and confident decision, it gives you the peace of mind you need to move forward with your purchase.
A pre-purchase inspection report will detail the physical state of the property identifying areas of concern, maintenance issues and legislative requirements that you may have overlooked when viewing the property yourself.
The five main areas of concern when purchasing a property are:
- The structural integrity of the building (foundations, wall and roof structures)
- Plumbing and electrical issues
- Leaking showers
- Legislative requirements (RCD’s, smoke alarms and pool fencing)
- Termites or termite damage to the building
For complete peace of mind, we recommend purchases order a combined pre-purchase building and a timber pest inspection. On most occasions, for convenience, the same qualified inspector can do these critical inspections on the same day.
Do you really need to book a building and pest inspection?
Savvy property investors would never consider purchasing a property without them.