Let’s face it, buying a property in Australia is a major investment, and it’s crucial to ensure that you’re making the right decision before you sign on the dotted line. One of the most crucial steps in the conveyancing process for buyers is the building inspection and pest inspection report. These inspections can uncover any structural or pest-related issues that may affect the property’s value or safety.
Now, we know that when you come across the home of your dreams, you might be tempted to rush in and snap it up. But due diligence is vital. Most property purchase contracts/contract of sale come with a building and pest clause, and trust me when I say that it’s not just ‘fine print’. You need to understand these clauses inside out, so you don’t end up with a property that’s infested with pests or in a terrible condition.
To help you out, we’ve put together a checklist of essential items that you should include in your pest inspection and building inspection report. Let’s dive straight in.
What Are Building & Pest Conditions?
So, what exactly are building and pest conditions? Well, simply put, they’re clauses that exist as a condition of the sale when you’re buying a home – whether it’s your first home or you’re a seasoned home buyer or even if it’s an investment property. These clauses give you the right to get written reports from qualified building and pest inspectors about the property.
And believe us when we say these reports are crucial. They can identify all sorts of issues with the condition of the property, from minor problems like a leaking tap to major red flags such as termite infestation or structural damage. Whether it’s a new home or an old home – a pre-settlement inspection is a must.
Now, here’s the thing – a correctly-worded building and pest clause may give you the right to withdraw from the contract if the report isn’t up to scratch. That’s why it’s essential to read between the lines and understand these clauses inside out. Trust us, you don’t want to get caught out when it comes to something as important as buying a home.
DIY Building Inspection or Hire a Professional?
While it may be tempting to save some money and conduct your own building and pest inspection, it’s highly recommended that you hire a professional to conduct the property inspection.
Building and pest inspectors are trained and licensed to identify any potential issues with the property that may not be visible to the untrained eye. They have the necessary equipment and knowledge to thoroughly inspect all areas of the property and provide a detailed report of their findings.
On the other hand, if you were to conduct your own inspection, you may miss important issues or misinterpret what you find – this is true for even seasoned homeowners. This could lead to costly repairs or unexpected surprises down the track. So, to ensure that you have a comprehensive understanding of the property’s condition, it’s best to leave it to the professionals and hire a licensed building and pest inspector.
The Essential Building & Pest Inspection Checklist
Of course, a professional building and pest inspector will know what they’re looking for, but if you decide to do it yourself, here are some things to look out for:
- Roof – Make sure the roof is in good condition with no signs of damage or leaks. Check for missing or cracked tiles, and look out for any rusted areas or loose fittings.
- Walls – Check the walls, including retaining walls for cracks, dampness, asbestos or bulges. These could be signs of structural issues or water damage.
- Plumbing – Inspect all the taps, pipes, and fittings for leaks or damage. Test the water pressure and make sure the hot water system is working correctly.
- Electrical – Check the switches, outlets, and wiring for any signs of damage or wear and tear. Make sure all the lights and power points are working correctly.
- Windows and doors – Inspect all the windows and doors for cracks, damage, or faulty locks. Make sure they all open and close correctly.
- Flooring – Check the flooring for any signs of damage or wear and tear, such as scratches or stains.
- Pest inspection – Get a professional pest inspector to check for any signs of termites, ants, or other pests that could be lurking in the property.
- Landscaping – Check the landscaping for any signs of overgrown trees or plants that could be causing damage to the property.
Once your or your chosen inspector has completed the inspections, it’s essential to review or write up a report. If any issues are identified, you may need to negotiate with the seller to have them addressed before finalising the purchase.
5 Ways a Licensed Conveyancer Can Help Smooth Your Building Inspection Process
When it comes to buying a property, a building and pest inspection is a crucial part of the process. But did you know that a licensed conveyancer can help smoothen the inspection process and make it a lot easier for you? Here are some ways a conveyancer can assist you:
- Recommend reliable inspectors: A licensed conveyancer can recommend reliable building and pest inspectors who have experience in the local area and are known for delivering thorough and accurate reports.
- Organise inspections: A conveyancer can help coordinate the inspections by liaising with the inspectors and scheduling appointments that suit both the buyer and the seller. This can help ensure that any pre-purchase building inspections are done promptly and efficiently.
- Review reports: A licensed conveyancer can review the inspection reports and advise you on any issues or concerns that may affect the property. They can help you understand the reports and guide you through any necessary steps to address any issues that have been identified.
- Review reports: A licensed conveyancer can review the inspection reports and advise you on any issues or concerns that may affect the property. They can help you understand the reports and guide you through any necessary steps to address any issues that have been identified.
- Negotiate repairs: If the inspection report identifies any issues that need to be addressed, a licensed conveyancer can negotiate with the seller on your behalf to ensure that any necessary repairs or treatments are carried out before settlement. They can help ensure that the seller takes responsibility for any issues that were not disclosed before the sale.
- Time management: A licensed conveyancer can help ensure that the inspection process is completed within the required timeframes. They can keep track of important dates and deadlines and ensure that all necessary tasks are completed on time. This can help reduce stress and ensure that the process runs smoothly.
By working with a licensed conveyancer, you can have peace of mind that your inspection process is handled professionally and efficiently, and that any issues are addressed in a timely and effective manner.
Serious About Buying? Contact Settled Conveyancers Today
If you’re serious about entering the property market and want to make sure you’re getting a good deal, don’t go it alone! Get in touch with a licensed conveyancer today and take advantage of their expertise and guidance. With their help, you can make an informed decision about your property purchase and ensure that any issues are addressed before settlement. So what are you waiting for? Contact a conveyancer now and get one step closer to owning your dream home!
Get a free conveyancing quote
Obligation free quote for home and land conveyancing
Read More