By having a pre-purchase building inspection performed by a reputable company, you can avoid unpleasant surprises and enjoy many other benefits.
BSP Consultants gives us their top 5 reasons to get a pre-purchase inspection.
1. Get an unbiased opinion
Friends and relatives will happily give you their opinion, but it's a lot better to have a trained eye look at the home you are going to buy. Building inspectors have no ulterior motives. They strictly examine a building to assess its current condition. You can rest assured that you are getting an unbiased opinion.
2. Avoid structural faults
Professional building inspectors can quickly see things that everyday people can't. Without having a pre-purchase building inspection performed, you can't be certain that the home you're buying is structurally sound. Finding out later can have very expensive consequences.
3. Create a repair budget
Often people have to do at least a little work after buying a home. It's a lot easier to have a clear idea about what you'll have to do and how much you'll have to spend, and you'll get that information with a pre-purchase building inspection. When the inspection is finished, you will receive a detailed report. It will include estimates for repairing various problems, which will make it easier for you to plan an effective budget.
4. Ensure government compliance
The last thing you want to deal with after buying a new home is running afoul of government regulations. During a pre-building inspection, the inspector will check for residual current devices and make sure that smoke detectors are hard-wired into a home's electrical system. These measures will ensure that your new home complies with all government regulations.
5. Have repairs performed before buying a home
If defects are discovered during the pre-purchase building inspection, you may be able to use them to negotiate a lower price, or you could make your offer contingent on the sellers making the necessary repairs. An inspection report can be a real bargaining chip.
For more tips and helpful advice, check out our property section.