Buying A House At Auction
People often ask why it is necessary to obtain a building and pest inspection report prior to purchasing a home, but the advice we provide says how can you not especially when bidding for your new home at an auction An auction contract is unconditional, you can't organise a property inspection once the hammer goes down. It's true you attend the auction not knowing one way or another how things are going to turn out, perhaps you are outbid on the day only to attempt a better result at the next auction.
But think of it this way, you finally secure the house that you want, sign the papers, pick up the keys and two months later you discover the roof has a leak, this leak turns into a trickle and before 4 months has passed there is a small home in the sealing that upon further inspection reveals cracked water pipes. This problem cost you not only thousands of dollars you have earmarked for brand new carpet, or replacing the side fence, but you already were aware of this just not the roof. This in turn pushes your side fence replacement months behind except the neighbour is already on your case because the fence problem, for them, has been ongoing for three years. So in reality, not spending a few hundred dollars on the building and pest inspection reports costs you not only money but any good chance for several years becoming friends with your neighbours. Welcome to the neighbourhood, in which your dream has suddenly soured and become closer to a nightmare. Buying that new home is likely to be your biggest financial investment, perhaps in this day and age costing you over a million dollars yet you quibbled over a few hundred.
A building inspection report is the best insurance for you and your new property and is a small price to pay when compared to the value of the house. Before actually bidding at the auction be aware of how big a decision you are about to make and the consequences it holds. Are you really sure you aren't about to buy yourself a lemon that could cost you for years to come. Organising a pre-purchase house inspection early in the process is just smart thinking. By having a professional independent inspector from Australian Property and Building Inspections come out and check the overall structure, you will be armed with more information about what you're buying, and you'll know there are no hidden surprises around the corner plus you will also be in a better position to negotiate the final price with the vendor.
A comprehensive inspection will cover a top-to-toe assessment of the structural elements both inside and out as well as the general condition of the property.
The house inspector will compile a building inspection reports that alert you to any areas that need immediate attention Make sure the property inspector you choose is a qualified builder with on-the-job experience in the industry as you need an inspector who can identify those faults or potential problems that, if over-looked by an untrained eye, can turn into costly damage in the months ahead.
Their role of the pre purchase inspection report is to advise you on the situation as found by the inspector. It's a factual assessment only. Every house has individual issues and every buyer's situation is different and remember that everything can be fixed at a price, it's just whether you have the time and money to deal with the problem.
Book your pre-purchase report and pest control report today by calling us on 08 6444 1757 today, it could easily turn into the best investment you will ever make.