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Let’s explore a key benefit of our buyer’s agency: expert guidance on pest and building inspections.
Buying a property is sometimes straightforward, but more often than not, you’ll come up against a few issues that threaten to derail the process. For instance, there’s the matter of those pesky building and pest inspections, which can have even the most committed of buyers questioning whether they really want to proceed with their purchase.
A crucial step before purchasing your home
It’s important to remember that building and pest inspections really are there to protect you. You’d much rather know about any issues that a property has before you complete the purchase process, rather than after. Plus, if you work with real estate professionals, such as the buyer’s agent team here at You&Me Personalised Property Services, then you can have confidence that not only do you fully understand the building and pest inspection reports, but that you can use them to your advantage.
In this post, we’re going to run through some essential tips all property buyers can use to navigate the building and pest inspection element of the property buying process, but if you already know that you need help, then don’t hesitate to get in touch with our team. We’re available to help property buyers in Perth and Brisbane, ensuring they make the right decision.
Work With a Credible Building and Pest Inspector
You can’t make informed decisions if the building and pest inspection isn’t completed to the highest of standards. As with all things in life, there are good building and pest inspectors, and not-so-good building and pest inspectors. Given that buying a property is a significant investment, perhaps the biggest you’ll make in your life, this isn’t something that you’ll want to leave up to chance.
At You&Me Personalised Property Services, we can organise a building and pest inspection on your behalf, regardless of whether you’re a local, interstate, or international buyer. We have extensive experience in the Perth and Brisbane property markets, and during that time have cultivated relationships with some of the best building and pest inspectors in the industry.
Making Sense of the Report
Building and pest inspection reports are compiled using technical language, and that can make them difficult to understand for people who don’t have experience in the real estate industry. In some cases, the report can look worse than it is — for instance, a report may list an issue that sounds serious, but in fact, is completely normal for homes in Western Australia and Queensland. In other cases, the report might read as if everything is fine, but in fact lists a couple of seemingly minor issues that absolutely require attention.
By working with real estate professionals who have bags of experience, you can ensure that you can fully understand the implications of the building and pest inspection report for the property you are considering purchasing.
Understanding the Financial Impact of the Report
Your building and pest inspection report will probably uncover at least some issues. In many cases, there will be minor issues that can be resolved further down the line. In others, they’ll be major concerns that will need to be addressed immediately.
There will be a financial impact of both types of issues. Even if you have a couple of years to fix a problem, you’ll still need to do it — and pay for it — eventually. In any case, you’ll need to have a solid grasp of the overall cost of repairing/resolving the issues identified within the report. The building and pest inspector, along with the real estate professionals you choose to work with, can help you put together a rough estimate of how much these repairs will cost you. They can also leverage their professional relationships to identify tradespeople who can help remedy the issues at the best price.
Addressing the Issues
There can be instances where a buyer, having fully understood the building and pest inspection report, is happy to proceed with the purchase as planned. But there can also be instances when the purchase is put on hold until at least some of the issues have been resolved by the existing owner. For both minor and major repairs, it’s recommended to work with real estate professionals who have extensive experience helping property buyers. They can communicate with the seller to outline which repairs the owner will be responsible for and which will be the responsibility of the buyer.
Using the Report To Get the Best Deal
The property you’re looking to buy may have two prices — one set before the building and pest inspection report was put together, and one set after the report has been fully understood. The seller will not voluntarily reduce the price of their property, or at least won’t be guaranteed to do so to the extent that it should be reduced based on the findings of the report.
It’s at this point that the value of working with real estate professionals who understand the property market can really come to the fore. If the report finds that repairs are necessary, then our team can help to negotiate a reduction in the cost of the property or ensure that as many of the repairs are completed by the seller before the transaction goes through.
While the most obvious advantage of this assistance is that it can save you money, the secondary benefit is just as important — it can give you peace of mind that you’re making a sound investment.
Why Work With You&Me Personalised Property Services?
Building and pest inspections play a vital role in the property-buying process, and it’s important to have someone on your side who has your back. At You&Me Personalised Property Services, that’s exactly what we’re here for. We’ll work tirelessly for your interests to ensure that you can complete all stages of the property buying process, including the building and pest inspection, with total peace of mind.
Looking to buy property in Perth or Brisbane?
Contact our team today
To get started, simply reach out to a member of our team. We’re available on the phone at (08) 6500 0655 (Perth) or (07) 2111 7567 (Brisbane).
You can also click here to schedule a free face-to-face discovery session.
Buyer's Agent, Co-Founder at You&Me Personalised Property Services