How can a building and pest inspection report save you money in the long run

17 Jul 2019 | Kourosh A

Building Inspection Adelaide

Your home is one of the most important investments you will ever make. So it makes sense to carry out as much research as possible before exchanging contracts. 

Most people commission a survey report before making an offer. This is one of the most important pre-purchase tasks which should be carried out by a Registered Surveyor. The report will show the boundaries of the property and how the structure sits within it. 

But a survey report only tells you half the story. It does not show any structural defects or examine whether the property has a history of pest infestation. With CSIRO estimating that termites affect 32 per cent of homes in Australia. Prospective owners should also commission a building and pest inspection report. 

However, we know that buying a new home is expensive enough without the unnecessary expense of commissioning a report. But this is the wrong way to look at it. While there is no legal obligation to have a pest and building inspection report carried out. We always recommend commissioning a report before making an offer because it can save you a considerable amount of money in the long run. 

3 ways a building & pest inspection report can save you money

1. Allows you to negotiate a better price 

Understanding the underlying condition of a property is important if you are to establish its true value. More often than not, sellers will attempt to hide defects in the property such as damp making them difficult to spot with the naked eye. 

When you have a pest and building inspection report carried out by a trained building inspector. The fabric of the building will be closely examined to establish its condition. The final report will highlight issues such as damp, water damage, plumbing defects, electrical problems and pest infestation. 

When you have a clear picture of the properties condition like this, you can use it as leverage to negotiate a better price. Alternatively, you can arrange for the defects to be fixed before exchanging contracts. In both cases, this will save you more than the cost of the report.

2. You will be able to plan renovations more efficiently

The report will not only highlight major structural defects, but it will also highlight issues which are not serious now but will need attention in the near future. Identifying problems early gives you time to plan your finances to rectify problems later before they become major issues. 

3. It will highlight areas which don't need attention

Knowing what needs to be fixed is important, but it is just as important to know what doesn't need doing. For example, the property may have recently had a new hot water heater installed which will not be obvious with a visual inspection. 

Knowing what doesn't need to be fixed is particularly important if you are buying a home in need of renovation. It will allow you to plan your budget more effectively and reduce the need for unnecessary expenses. 

Building & pest inspection Adelaide residents can trust

APBI have been providing pest and building inspection Adelaide residents can trust since 1971. Our professional team can be relied upon to create an independent report into the condition of all types of properties in Adelaide. This gives you the peace of mind that the property you wish to purchase is free from defects and infestation which could potentially affect its value. 

We operate a fixed price model so you know exactly what the report will cost and won't be hit with any hidden fees or charges. To arrange an inspection complete our contact form or give us a call on 1300 657 546.