When it comes to buying, selling or renovating a property on the Central Coast of New South Wales it is wise to consider ordering a building and pest inspection. Even though the cost of these services can seem tiresome or unnecessary they can save you time, money and maintain a lower level stress throughout your purchase, sale or renovation.
Not only can these inspections highlight any current issues that the property in question may have, they can also bring to light any previous issues that may have affected the property and will provide you with the knowledge necessary to deal with any problems effectively.
Pest Inspections When Buying a Home
Pre-Purchase inspections are crucial to the sales and negotiation process of property and you can avoid major headaches by discovering any issues be fore taking the plunge of property ownership. As the old saying goes you should never judge a book by it’s cover, it’s the same for real estate.
The major issues to be aware of when buying Real Estate on the Central Coast of New South Wales can range anywhere from asbestos to termite damage.
If you happen to find any asbestos in the property you are looking to pur chase, this will affect what/if any renovations you can make to the property.
Asbestos removal is an expensive and timely process, if you do find any evi dence of asbestos and your intention is to renovate, all asbestos must be removed by professionals and disposed of in the proper ways. There is a process for this and legally it must be adhered to, especially if you are look ing to sell or lease the property in the future as the ramifications of dealing with asbestos ineffectively can cause major legal damages to all parties in volved.
If the property you are enquiring about has termite damage it is crucial that you find whether the damage is active or inactive. Any active damage will re quire immediate attention as there is still live termite activity within the struc
ture of the property that will weaken and destroy many areas of the house. This could range from the timber in the walls, floors, supports, or cabinetry.
Sometimes the damage is minor and no replacement work is needed, as long as the proper termite protection and baiting is used you can effectively get rid of the problem at the source without any further work.
If the damage caused to the property is substantial, most repair costs can be factored into the purchase price before signing any contract. Even in a hot real estate market a vendor is unlikely to sell the property without some sort of compensation to the purchaser for any damage caused if it is discovered prior to signing contracts.
Pest Inspections When Selling a Home
In some cases, the owner of the property for sale will complete a pest and building inspection report prior to sale so that prospective buyers can refer to the document before committing to a sale. This generally instills a vote of confidence for the sale of the property as the owner has committed to being open about the condition of the property from the start of the campaign.
This is also popular when a home is going to be sold at auction. A report can sometimes be purchased prior to auction day so that all purchasers can ar rive on auction day ready to bid knowing as much about the property as they can before the hammer falls.
Are Pest And Building Inspections Worth It?
On the whole, pest inspections are always worth it. They will either arm you with knowledge about the real estate you are buying or with leverage in a negotiation process.