Frequently asked questions & answers on pre-purchase inspections
- 1 What is the value in having a pre-purchase inspection?
to be informed on likely problems & costs
to get information to improve negotiating power
for professional advice and guidance on any particular concerns and
advice generally to preserve the condition & structural performance
of the building
to get a professional opinion on ideas for extensions and
renovations
for peace of mind
to make a better, informed decision, on a property purchase.
- 2 Do you get into the roof space?
Yes, where adequate roof access is available. Our inspections also
include getting onto the roof, where safe to do so.
- 3 Do you inspect under the floor?
Yes, where adequate under-floor access is available.
- 4 What are your limitations in conducting inspections?
Each inspection may carry its unique set of limitations depending on
the circumstances. The extent and thoroughness of our inspections
is limited by access and our reading of what is reasonable by way of
time, intrusion and risk of doing physical damage to the property
being inspected. We do not inspect parts of the structure or
building which are covered, unexposed or inaccessible and we are
therefore unable to report that any such part of a building is free
from defect.
The inspections are also limited by the scope of inspection
undertaken - for example, termite damage or termite risk factors
would not be covered if the "white ant" add-on is not included.
- 5 When do people generally get the pre-purchase inspection
done?
With the exception of sale by auction, home inspections can be done
prior to making a formal offer, or during the two working day
"cooling-off" period, or by a date agreed with the vendor as a
condition of the contract.
The most common approach is for the inspection to be done during the
"cooling-off" period.
With respect to sale by auction, the inspection needs to be done
prior to the auction date.
- 6 Are there any special issues with strata title homes?
When considering purchase of a strata title home, we recommend
obtaining from the vendor or real estate agent a copy of at least
the past two years annual general meeting minutes and financial
statements and to have them available for perusal at the time of the
inspection, if possible.
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