If you are buying your dream home, am sure your real estate agent or even friends have advised you to consider pre purchase building inspection. However, do you know what a pre purchase building inspection is? Well, this article will answer some common questions about pre purchase building inspection Melbourne and am sure at the end, you will know the right thing to do.
What is a pre purchase home inspection?
Well, when buying a home, either a new home or a pre-occupied home, you probably do not know the real condition of the house. You can only judge from what you see with your untrained eyes. Therefore, if you want to be sure of the actual state of the building or house, you need to consider doing a pre purchase home inspection. This way, you will know what you are getting yourself into.
Why do I need a home inspection?
This is a common question. Well, even though a pre purchase inspection means spending more money, it is worth it. Imagine buying a house that is infested with pests and other structural problems? You will purchase the property today after being deceived by the freshly trained walls, and soon you will start realising the problems. You will find out when it is too late, and it will cost you a fortune to repair your home if at all it can be repaired. Therefore the inspections are meant to protect you from the unseen.
What does a home inspection cost?
Many people forgo the pre purchase home inspection in fear of the high cost. However, the price is not always as high as you might think and ranges from $250 to $400 depending on the size of the house. However, the cost can be high depending on the location of the house. All in all, it is a reasonable cost considering that it will save you thousands of dollars in repair cost.
Should I attend the inspection?
This is a common question, and the answer is yes if you are the home buyer. You will witness the whole process, and it will be easy to relate that to the building inspection report. So, make a point to attend the inspection.
What if deficiencies are found in the home?
Well, when a pre purchase building inspection Melbourne is done, and there are some problems, you have three options. First, if the issues are repairable, you can ask the seller to do the repair and then make a deal. The second option is where you offer to do the repairs in exchange for a better deal. The third option is when the damages are intense, and you do not wish to participate in such a deal. In this case, you walk away and look for another home for sale.