Financial Calculations Retirement SMSF Renovation Tips

Other Articles

25/01/2012 Southport Real Estate »
28/09/2012 How to Compare Home Loans »
23/07/2013 A thorough Building and Pest Inspection »
17/01/2014 The Friendliest Real Estate Agents »
19/11/2014 Why are housing prices rising faster than wages? »
12/05/2015 DIY Move or hire a removalist company? »
09/07/2015 Pool Inspections Queensland »
18/05/2016 Housing Affordability in Australia »
29/09/2017 Built in Wardrobes »
16/10/2017 Termites and their 'Game of Thrones' »
11/05/2018 Oriental Property Styling »

Negotiating your purchase with the Inspection

One comment made by a builder about the building inspection course was-:

"it taught you more about avoiding litigation than adding value to a client"

Termite damage can be a costly affair. It could cost tens of thousands of dollars for termite repairs.
If major structural issues are found they can be costly to fix.
Using a qualified builder as your building inspector can allow you to get an on the spot estimate of repairs.
Lloyd woods is a qualified builder and often gives an on the spot estimation of costs to repair homes whilst conducting your building inspection.

So what happens if your property is inspected and termite infestations are missed.

By using pest inspectors who are active pest control experts you get peace of mind.
There is never a 100% guarantee, however if you used qualified registered pest control experts for your pest inspection you are better than a quick walk in walk out inpection.
And better still than a shoddy get your builder mate to have a quick look type inspection.

Property Negotiation around a table


The benefit of a quality building and pest inspection is that if no major issues are found, perhaps only a few minor problems, your building and pest inspection report becomes a useful negotiating tool in regards to the purchase price.

Inspections without the emotions

Excited Woman
Let's face it we are often not thinking rationally when purchasing a property.
Having an independent inspection without the associated emotion of a purchaser is a good thing.