Finding the house of your dreams is not easy, and once you have set your eyes on buying a property you might be wondering – ‘should i get a building and pest inspection’?. It’s tempting to jump in and seize the deal forgetting some of your due diligence. If you’re buying an existing home, you should consider having the place inspected by a reputable provider to check for pests and any other creepy crawlies waiting to surprise you once you move in. These pests don’t put out a welcome mat so they’re not usually obvious to the naked eye.
At Eckermanns, we are strong advocates of getting quality building and pest inspections. Read on to find out why.
Overview:
- Should you always get a building inspection?
- Should I get a building and pest inspection on a new home?
- Should I get a building and pest inspection if it’s an investment property?
- What will happen should I get a building and pest inspection?
- Can you negotiate price after building and pest inspections?
Should you always get a building inspection?
When looking to arrange your budget for the future, you need to have a clear understanding of the issues that are likely to present themselves.
So, while the results of a pest inspection might not change your mind, they will allow you to be informed We know that a home purchase is one of the biggest and most expensive investments you will make, and knowing the true condition of the property is crucial in going in with your eyes wide open.
Should I get a building and pest inspection on a new home?
When you’ve built a new home it can be best to err on the side of caution and still get a building and pest inspection – just because something is new, doesn’t mean it’s up to code and follows building safety recommendations. In the long run you are better off discovering any issues early so they can be addressed before it’s too late, and then you can follow the appropriate processes and steps.
Should I get a building and pest inspection if it’s an investment property?
If you’re purchasing an investment property, you’ll want to understand anything that has the potential to devalue or impact your ability to recognise growth from that investment. So yes, even if it’s an investment property, you should get a building and pest inspection.
What will happen should I get a building and pest inspection?
A thorough pest inspection report will assess present and future possibility for mould formation or any infestation from:
- Carpenter ants and termites
- Bees
- Rats
- Other pests
These creatures will not only harm your furniture, windows and doors but can also affect the house’s structural supports and sometimes even your health.
Can you negotiate price after a building and pest inspection?
Many vendors and agents will provide you with a complete pest inspection document before you make an offer. This is very helpful however, if you are not provided with a report, you can commission one yourself. Even if you are provided with a report you may feel more comfortable commissioning one yourself.
If you do happen to uncover any nasties during your cooling off period or even before signing a contract, this information can assist you in negotiating your offer.
Learn more: hidden costs of buying a house
We always suggest that it is never too early to start building your relationship with a conveyancer; you might want to start asking for pest inspection recommendations from family and friends before it becomes a matter of urgency.