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The Importance of Pre-Purchase Inspection on Properties For Sale

Aug. 30th, 2009
in Real Estate
by Alana Redmana

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by Alana Redmana

Frequently, a first-time prospective buyer of real estate would not see the importance of the “inspection” process prior to the actual buying. For them it may just be an additional expense on top of the asking price.

A professional real estate agent must inform its client that inspection is a compulsory step to undergo for anyone planning to invest in Australian real estate, and that it is not advisable to leave this task to some guy next door.

As the Australian Standard AS4349.1-2007 records the standard for any scrutiny on the property being sold, it is therefore important to hire a person who is really an expert on this process.

It is a given that not all property buyers are good at doing inspections. This is basically why there are licensed building inspectors for hire. They are the ones qualified to carry out the stipulations at the Australian Standard AS4349.1-2007.

The building inspection consultant must bear license to perform his profession. As most of the properties for sale look good on the outside, it is important to see its real condition from a professional perspective. The consultant checks the stability and other matters with regard to the property.

The building inspector is expected to enlighten the client regarding the details of the Building Inspection Report. The service contract may include examining little details from electrical wiring up to pest infestation. But of course, the licensed inspector does not mean that he’s also licensed for everything else. For example, he may find something wrong with the electrical wiring in one part of the building. He just has to take note of it on the report and endorse the problem to the right professional.

The inspection process prior to purchase is an important step as it can help you, the buyer, during the negotiation phase. The inspection report can help you make intelligent choices. If the report shows that there is much to be repaired, you have the power to ask for a lower price.

Licensed Building Inspectors truly fit the job because they are well-trained and experienced in this type of work. You can be sure that the Australian policies are followed.

The importance of pre-purchase inspection can never be stressed enough. It’ s a valuable step to take as it can save you thousands of bucks in the long run.

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