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Let’s face it, purchasing a home is one of the biggest decisions you will ever make in your life. Getting it right the first time will not only save you lots of money but lots of headaches too. We’ve all heard the horror stories about property owners buying absolute duds because they failed to have a qualified building inspector conduct a pre purchase property inspection. Here are our top reasons why you shouldn’t skip on a property inspection: Legal Building Additions- A comprehensive property inspection will identify whether or not any of the rooms and additions to the property has been built without a permit and violates building code. If any part of the house has not been built legally, not only will this affect insurance but you may be required to knock it down or get it rectified by following the legal processes. This could cost you into the tens of thousands so it’s worthwhile forking out several hundred dollars for a property inspection that may potentially save you from bankruptcy! Building Insurance- It’ll make it a lot easier to obtain building insurance if a property inspection has been conducted on your house. Insurance companies like to deal with safe bets and a property inspection provides them with the assurances they need to grant you building insurance. Some insurance companies may also require you to provide them with certificates as proof that a building inspection has been conducted and the home is in fact built to code and safe to live in. Safety- A property inspection will identify whether or not the house is actually safe to live in. It will uncover any safety concerns such as termite ridden floors that could cause you to fall through, issues with chemical leakages in and around the property and even mold that can cause walls and ceilings to cave in. A couple of hundred dollars for a property inspection is a small price to pay for peace of mind and your family’s safety. Repair Costs- A property inspection can reveal if there are concerns with your plumbing, guttering, ceilings, roof, staircase, walls and even the stumps of you house. Finding this out will enable you to forecast repair costs and help you budget for future repairs and renovations. Through the findings of the inspection, you may also discover whether the property still meets all of your needs and requirements or whether there are some deal breakers that you just can’t overlook. Negotiation Tactic- A building inspector’s findings will enable you to negotiate the price of the house downwards which is a tremendous benefit given purchasing a house is an expensive exercise. Without a property inspection, you are purchasing a house on the basis of what the owner and real estate agent are telling you – which is fraught with danger because their advice is unbiased and may not be honest and truthful. So before you get persuaded to purchase a property by a smooth-talking, charming real estate agent or property owner, get unbiased and objective advice through a building inspection. So before you sign that dotted line, make you sure you contact the qualified building inspectors at Action Property Inspections. They’ll give you an unbiased report of the property to ensure that you know exactly what you’re paying for and potentially save you from making one of the biggest mistakes of your life! The author is an active blogger and a customer sales executive at a building inspection company in Brisbane. Her knowledge and experience in the company has seen her contribute to and write several articles on topics like house inspection and property inspections, house inspection in Brisbane, importance of building inspection, etc.
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