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The Importance of Pre-Purchase Inspection on Properties For Sale

Sep. 3rd, 2009
in Real Estate
by Alani Rockhampton

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by Alani Rockhampton

Oftentimes, a novice potential real estate buyer would suggest skipping the “inspection” process with the intent of saving money. Or perhaps, if a buyer would take on this process, he would let someone, that he deems knowledgeable but really doesn’t know any better, do this painstaking task.

You have to know that the inspection is a necessary step to take prior to every real estate property purchase in Australia. It would be a big mistake to entrust this task to any Tom, Dick, and Harry.

The Australian Standard AS4349.1-2007 very well states the standard for inspections on properties. Therefore, it is important to have a person who is qualified to do this job.

Like any other ordinary person who wishes to buy a property, you have all the right to know, inside and out, the property that you’re supposed to buy. A licensed building inspector is the answer for this procedure.

Because most of the properties for sale look good up front, it is important to scrutinize what’s inside too, most especially the areas that we tend to neglect. Licensed inspectors or consultants see more than what meets the eye. For them, it’s more than just the aesthetics. The stability of the property on all aspects is what’s more important.

The building inspector is expected to enlighten the client regarding the details of the Building Inspection Report. The service contract may include examining little details from electrical wiring up to pest infestation. But of course, the licensed inspector does not mean that he’s also licensed for everything else. For example, he may find something wrong with the electrical wiring in one part of the building. He just has to take note of it on the report and endorse the problem to the right professional.

The pre-purchase building inspection report can be an ally when it comes to the negotiation process. If the reports show that there is much to be repaired on the property, you can request for a lower asking price from the seller.

Licensed Building Inspectors truly fit the job because they are well-trained and experienced in this type of work. You can be sure that the Australian policies are followed.

The importance of pre-purchase inspection can never be stressed enough. It’ s a valuable step to take as it can save you thousands of bucks in the long run.

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