Whether you are a buyer or a seller, a building inspection is an important part of the sale of a home or business.
Both Buyer and Seller Benefit from an Inspection
The seller benefits because the house is certified by a professional inspector that it does not have major defects. If it does have defects, the seller can elect to correct problems before determining the selling price.
Correcting defects may bring a higher price for the home.
The buyer benefits because an inspection will identify any problems that may need to be addressed before the transfer. If there are no problems, the buyer can be assured that the building is sound.
If major defects are present, the buyer and seller can agree on the way problems will be handled as part of the sale contract.
Buyer Benefits from Pre-Purchase Inspections
Buying a house is a major investment, perhaps the biggest purchase made in one’s lifetime. Building inspections are done for both existing properties and newly constructed properties.
An inspection looks at the integrity of the foundation, roof, walls, plumbing, electrical wiring, outbuildings and grounds. Combined with a pest inspection, we will also look for signs of pests like termites or rodents that can damage timber, foundations and building shells.
Knowing that the home you want to purchase is sound is important.
For new properties, a certified inspector ensures that your house is built to current standards and in accordance with the building plans and council laws. New building inspections can be done in stages as each major component is completed or after construction is over.
An inspection will look for problems such as safety hazards, poor workmanship or noncompliance with contract specifications.
When you begin the process of purchasing a property, be sure to stipulate that the sale is contingent on a satisfactory inspection. Hiring a professional building inspector ensures that all local and national codes are met.
As the buyer, you can be present during the inspection. If defects are identified, you can visually examine the extent of the damage or speak with the inspector to better understand what is required to correct problems.
Seller Benefits from Pre-Sale Inspections
If you are selling your home, a pre-sale inspection can give both you and the buyer peace of mind. You may not know that safety hazards or defects are present. An inspection allows you to identify and correct defects before setting your sales price. It can also be made available to the estate agent and buyer to verify the condition of your home. Many buyers insist on an inspection. Having a report available at the time of contract can accelerate the speed of the sale.
Why Hire a Certified Building and Pest Inspector?
Certified inspectors are knowledgeable about the construction industry and are licensed and insured to conduct inspections. The inspector will prepare a written report within 24 hours of the inspection that identifies problems and recommends how they can be corrected.
BPI Wollongong offers pre-purchase, pre-sale, pool safety and pest inspections. To find out more about how a building inspection can save you thousands, contact us through our website, or call 0415 660 140.