prowest 
There’s no questioning that buying a property is a massive investment, and to cut back on time and money some
buyers may opt to skip a building and pest inspection…
but could this be a costly mistake?
Getting a building and pest inspection carried out by a professional is a way of avoiding nasty surprises after making a purchase. It can
unveil problems with a home that won’t be visible to an untrained eye, such as termites, rising damp, dodgy wiring or structural
problems, just to name a few of the issues that could be present at a property.
While none of these things may be deal breakers for you, they will help ensure that you’re going into a property purchase with all of
the facts and can more accurately assess the value of the property.
When should the inspection be carried out?
Time can be of the essence when purchasing a property so it’s understandable that some buyers want to be able to make their
offer as soon as they can.
If you want a building and pest inspection carried out then ensure that this is a condition on your contract of offer. Normally this
can be carried out within a set timeframe before a contract goes unconditional.
If a property is going to auction then it’s your responsibility as a buyer to arrange a building and pest inspection before the
property is sold under the hammer.
There is no cooling off periods when a property is purchased at auction so when you make your bid you need to be prepared to
accept the property as is. What if an issue is found?
If a property is going to auction then it’s your responsibility as a
buyer to arrange a building and pest inspection before the property is sold
under the hammer. 
You will need to assess for yourself whether or not any particular issues are a deal breaker or a cause for renegotiation.
Most properties will probably have at least some small defects, but if there is a major issue that could affect the safety or liveability
of a property then it may be worth a second thought.
But even if only small defects are found, they are good to know about from the outset of a property purchase so you can
adequately maintain the property and prevent bigger problems from appearing.
At the end of the day it may seem annoying to spend the extra few hundred on getting a building and pest inspection carried out,
but it could save you thousands of dollars in the long run.
