Some are not as convinced about the need for pre-purchase building inspection, as they feel like this activity is very inconvenient and time-consuming. But considering this activity can help you a lot finding success buying a home and help you avoid regrets and unexpected huge expenses in the future.
Now that you realize how important it is to have this activity taken place before purchasing a building, below are important things you need to know:
How to choose the best professional to hire
With the many pre-purchase building inspectors in Melbourne to hire, deciding on who to hire many not come easy. Make sure that you are hiring architects, licensed builders, or surveyors as they have the keenest eyes for details. They can discover an intentional effort to hide building issues. Also, the professional must have insurance for professional indemnity to cover any inconvenience their wrong report has caused. Pre purchase building inspections from Gallo Property Group have all these bases covered.
How much will it cost you to have this done?
The prices vary from one pre-purchase building inspection company to another. The rates are different; hence, you must ask for an estimate before you sign an agreement for hiring their service.
Also, there can be an additional cost for pest inspection and building certificates.
How long can they finish the inspection?
You are asking this question not to rush or pressure inspectors but to set timelines and expectations. Most of the time, they need two to three days, but it can be longer if the building is a high rise and huge. Needless to say, the amount of time they need to complete the task also gives you time to decide whether you are buying the property or you need to consider something else.
During the duration of the inspection, you can ask the inspector for an initial report, so early on, you would know whether the building is still worth its value or not anymore.
What if you are not satisfied with the inspection report they presented?
The ideal way to resolve this problem is speaking directly to the inspectors or their consultant, or you can go directly to their company to talk to someone in charge. If they do not cooperate, you can ask for legal assistance and advice.
What are the factors that may affect the result of the report
There are many reasons why you may experience problems with the quality of the report that you will receive. Some of the factors are:
- The experience of the inspector you hire
- Problems that cannot be detected very easily by the naked eyes
- Reports were made in a rush
What to do after getting the report
Once you have the report on hand, you can check on the report provided to you and ask for all the information you do not understand directly from the inspector. Ask for their advice on whether the building is still good to buy or not anymore or how far can you negotiate.
After collecting all the information from your inspector, you can negotiate with the building seller.
All this information is necessary for you to understand and know how to ensure that your building purchase will work to your advantage and not the other way around.