Why you should always get a pre-purchase building inspection

The pre-purchase building inspections Perth is vital for anyone considering buying property. It’s very likely buying a home will be the most significant financial investment you’ll ever make – and the most exhilarating. It’s all too easy to get swept up in the excitement – particularly if you’ve fallen in love with the property and can already see yourself living there.

Amidst all this whirlwind of anticipation, however, it’s vitally important you stop for a moment, take a breath… and get a building inspection before purchasing a home. Here’s why:

  • You’ll get a complete snapshot of what you’re buying. Even if you’ve got your eye on a relatively new home, a pre-purchase building inspection will pay dividends in the long run.

Why? Unless you’re a building expert, you’re unlikely to know whether there’s wiring, plumbing or structural issues from a cursory glance – and these problems can be particularly costly to remedy.

The key here is to do your research just as you would for any other major purchase because once that hammer falls you’ve agreed to buy the property as is. So you’ve got to 100% happy with your potential new home before you bid.

  • It will save you money in the long run. Given a pre-purchase building inspection costs only a few hundred dollars, it’s alarming how many buyers forgo getting one before they sign on the dotted line when compared to the cost of their purchase. Particularly when you factor in the potential loss of rewiring or restumping down the track.

Remember, if you arrange a professional building inspection for a home before you agree to buy, any issues remain the vendor’s problem. Once the exchange is made, they’re yours.

  • It could make it easier to negotiate a better price. Getting a professional building inspection is a great bargaining tool. If you’re dead set on buying a house and your inspection report finds some problems, you might be able to use the information to talk down the asking price. The money you save could very well help you create your dream home.
  • You’re forewarned about potential repairs and how much they’re likely to cost you. Vendors are required to disclose any defects they’re aware of in their property before you buy. But what of those they don’t know about? You could ultimately be left footing the bill for something that could have easily been avoided.

A building inspection can give you much-needed details on hidden defects that could potentially cost you thousands. That fresh paint job might conceal a multitude of problems like mould or water leakage. Quick bathroom revamps might look great but leave the basics overlooked – like waterproofing or asbestos. New floorboards might be a sign the home suffers from rising damp or pest infestations.

A qualified building inspector will alert you to all these problems and can even give you a rough estimate of your future repair costs – information you can use to walk away from a bad deal or negotiate with the vendor further.

A final thought.

Sometimes an agent or seller will offer their own report – if so, beware. Make sure you get your own, independent pre-purchase building inspection report for any home you’re considering so you have peace of mind it’s entirely accurate. With the potential money and heartache you save, you’ll be glad you did. For detailed info you can always reach our team below: