When buying a property, it’s important to consider not just the physical condition of the building, but also potential issues with pests. Building and pest inspections are a crucial part of the conveyancing process, as they can help identify any potential issues that could affect the value or liveability of the property.
A building inspection will assess the overall condition of the property, including the structural integrity, roofing, plumbing, electrical and general maintenance of the property. This will help to identify any potential issues that may need to be addressed before or after the purchase. For example, if the inspection reveals that the roof is in poor condition, the buyer may be able to negotiate a lower purchase price or request that the seller address the issue before closing.
A pest inspection will look for evidence of infestations from common pests such as termites, cockroaches, and rodents. Termites, in particular, can cause significant damage to a property and can be costly to treat, so it’s important to identify them early on. Pest inspection will help to identify any current infestations or potential areas that are vulnerable to infestation.
It’s important to note that building and pest inspections are not always included in the purchase price of a property and are often an additional cost for the buyer. However, they can provide valuable information that can help protect the buyer from potential issues and unexpected costs down the road.
It’s always advisable to have both building and pest inspections done before proceeding with the purchase, as they can help identify any potential issues that could affect the value or liveability of the property. It also allows the buyer to make an informed decision about whether to proceed with the purchase or to renegotiate the purchase price. Building and pest inspections are an important part of the conveyancing process and should not be overlooked.
