Why Get a Building and Pest Inspection done?
The cost of a building and pest inspection is relatively small, when compared to the value of the property, the buildings and the cost associated with major unforeseen building repairs. Information is power when buying, selling and negotiating. While ‘Pre-purchase inspections’ make up the majority of our inspection work, our clients are wide ranging and include: buyers, sellers, agents, owners, tenants, builders, developers, banks, government departments, insurance companies and so on.
A Pest & Building inspection is considered to be a standard level of due diligence when buying or selling a property in NSW. Your Solicitor or Conveyancer will usually recommend that you obtain a report as part of the property purchasing process. Some vendors provide a pre-sale or vendor report with the contract of sale when taking their property to market. This is a clever pre-emptive approach for people selling. The presale report should outline issues upfront, so all interested parties are on the same page.
However, when making large decisions, it is highly advisable to conduct one’s own due diligence and engage an independent building & pest inspector. You would be surprised at the difference between reports on the same property. We hear this all the time from clients!
Read more: https://www.sydneyprepurchase.com.au/why-should-i-get-a-building-pest-inspection-3/
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