Whether you are looking to buy or sell property, the importance of building inspections Adelaide reports is critical for a smooth transaction. Not getting prepared early may lead to last-minute rushes and disruptions in a purchase or sale causing major headaches for all involved.
For the Buyer
A pre-purchase building inspection report for an Adelaide, Australia house or office building ensures that the property in question is in great condition. The report will also point out any major defects that are likely to affect a building’s value or the total cost required to rectify the faults in the future.
For the Seller
A seller providing a pre-sale building inspection report is always a good idea. It indicates to the buyer that you are honest and transparent. It also means that likely buyers will not have to incur the added cost of ordering and paying for a separate inspection report at the last minute. However, a few buyers may insist on the building inspection carried out by their own independent buildings inspections Adelaide firm, but that is their decision.
Sometimes the seller will attach building inspections reports Adelaide documents as an annexure to a contract of sale. In such a case, the buyer may find a condition attached to the agreement that requires him or her to pay for the cost of the report.
Buyers should request the inspection report as soon as they are interested in a particular building. The process of acquiring building inspections reports takes between six hours to one day, during which title records can be finalized. In several cases, the most successful purchasers of hot properties are those buyers who requested the inspection report. When satisfied that the property has no major defects, they were more willing to take the plunge and exchange contracts. In many cases, it comes down to a race between the purchasing party that will get the report earlier and willing to go ahead with the sale, and not who pays the highest price.
Precise Property Inspections inspectors will get the job done the right way the first time so that a buyer knows what he or she is putting their money on. If the property has no defects or damage, the buyer is more likely to be comfortable proceeding with the purchase knowing that they have made the right decision. Precise Property Inspections’ building inspections reports Adelaide documents go beyond covering the building alone. The inspectors will also examine the rest of the property including sheds, carports, garages, and swimming pools.