What to do if there's issues with your building inspection

The First Home Guidebook

In this episode, I share my insights on what to do if you encounter issues during a building inspection. As a buyer's agent with over a decade of experience, I’ve navigated thousands of building inspections for my clients—witnessing a wide range of issues from minor defects to major deal breakers.

Why Get a Building Inspection?

• Understanding the property's condition.
• Identifying red flags—urgent repairs vs. long-term costs.
• Building inspections as maintenance plans.

Timing of Inspections

• Recommended timing based on auction vs. private sale.
• Importance of getting the inspection done early.

Pre-Offer vs. Subject to Inspection

• Pros and cons of obtaining an inspection before making an offer.
• Strengthening your offer with a pre-inspection.

What to Do If Issues are Found?

• Identifying deal breakers and understanding report classifications.
• Importance of communication with building inspectors for clarity.
• Possible next steps: renegotiation, involving specialists, and managing expectations with the vendor.

Negotiation Strategies

• Use of inspection findings to negotiate repairs before settlement.
• Proper documentation is crucial.
• Risks involved with relying on verbal agreements.

Extensions and Important Considerations

• Requesting extensions to building inspection clauses when necessary.
• Legal implications and regional differences in building inspection clauses.

LINKS:

Check out my FREE checklist 100 Things To Look Out For At Property Inspections here

Connect with Amy:

Website: www.thefirsthomeguidebook.com.au

Instagram: @the.first.home.guidebook