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How to negotiate under building and pest condition? It is standard to have “building and pest inspection” condition in the conveyancing contract when property in Australia but what is building and pest inspection condition and how it affects the buyer and sellers. What is “subject to Building and Pest Inspection” condition? In Australia, buyers have to make a formal offer to purchase a property. During this offer, you are asked… Read More »How to negotiate under building and pest condition?
BUYING PROPERTY IN TARNEIT – WHY IS BUILDING INSPECTION A MUST? Building inspection Tarneit is in high demand since the property boom in the Australian market. Tarneit is one of the hot suburbs for first home buyers due to its lower price range. Building Inspection Council recommends learning and getting a building inspection done for your future home. What is offered in Tarneit? Tarneit is one of the growing suburbs… Read More »BUYING PROPERTY IN TARNEIT – WHY IS BUILDING INSPECTION A MUST?
WHAT IS A PRE-PURCHASE BUILDING INSPECTION REPORT? By the look of the property, a pre-purchase building inspection may seem unnecessary at surface level but there could be serious issues hidden under the new rug or fresh coat of paint. Building Inspection Council has encountered many stories of property buyers who got burned by skipping the building inspection. WHAT IS A PRE-PURCHASE BUILDING INSPECTION REPORT? As the name suggests, it is… Read More »WHAT IS A PRE-PURCHASE BUILDING INSPECTION REPORT?
5 THINGS ABOUT PRE-PURCHASE BUILDING INSPECTION A pre-purchase building inspection is optional in theory but Building Inspection Council has observed catastrophic consequences of skipping pre-purchase building inspection and would highly recommend one before making the final decision. Here are 5 things a buyer should be aware of about the pre-purchase building inspection. 1. What is Pre Purchase Building Inspection? In very simple words, a pre-purchase building inspection is a building… Read More »5 THINGS BUYERS SHOULD KNOW ABOUT PRE-PURCHASE BUILDING INSPECTION
5 things buyers should know about building Inspection report House is the biggest investment for most families and it is an exciting and anxious time for the buyers. As a home buyer, you need a building inspection report to know the true condition of the property you are considering buying. A building inspection report provides you with detailed information about the condition of the building. But as a property buyer,… Read More »5 things buyers should know about building Inspection report
Who should get the building inspection done? It predominant presumption that property buyers get the building inspection before making the final purchase. Yes, it does represent the highest number of building inspection clients but building inspection is sough many other stakeholders for other purposes. Although, the underlying concept is the same where the condition of the property is assessed by a qualified building inspector. It is the purpose of the… Read More »Who should get the building inspection done?
What is in the building inspection report? The building inspection report is a document prepared by a licensed building inspector in accordance with local regulations and code. An experienced and professional building inspector will provide a detailed and easy-to-understand building inspection report. The report is the key factor for price negotiation and completion of sale. Australian legal system allows the conditional sale of the property based on the outcome of… Read More »What is in the building inspection report?
According to a report, repairing building defects has cost Australians a staggering total of $10.5 billion over the past decade*. The report also mentions that 100% of the new and newly renovated apartments and houses have been inundated by defects that have cost them $6,434 and $5,839 respectively*. Here are the 3 main biggest mistakes people do when choosing a building inspector for their potential purchase. Don’t Hire building inspector… Read More »3 Don’t when choosing Building Inspector
What is included in the building inspection report? The building inspection report is a document prepared by a licensed building inspector in accordance with local regulations and code. An experienced and professional building inspector will provide a detailed and easy-to-understand building inspection report. The report is key factor for price negotiation and completion of sale. Australian legal system allows the conditional sale of the property based on the outcome of… Read More »What is included in building inspection report?