Are you interested in getting a pre-purchase building inspection carried out, but you are not sure if your home actually needs one? Then take the time to learn more about the advantages of hiring a pre-purchase building inspection. By doing so, you can make an informed decision regarding if the building inspection is worth the investment. With that thought in mind, here are the top reasons to opt for a pre-purchase building inspection.
- Address pest issues: A building inspection can highlight any pest problems that a home might have. Just by walking around during a viewing there is no way to know if a home has pests, and the homeowner might simply lie about the presence of a problem in the hopes of selling their home. A building inspection can highlight the weak points of a home that need to be dealt with so that pests will not remain an issue.
- Identify structural problems: If the building has structural problem, then they will be noted during a building inspection. This will prevent you from moving into a home that has been portrayed as structurally sound, but in fact isn’t. If there are structural problems then you could perhaps negotiate the price of the building so that it is reduced.
- Save on insurance: In order to get cheap home insurance, it will help if you provide a building inspection report to the insurance company. If you can show that the building is pest-free and is structurally sound, then the cost of the insurance might be reduced. Therefore, the cost of the building inspection will pay for itself in the form of lower home insurance costs.
- Get a realistic view of your budget: A building report will highlight the amount of money it will cost to conduct vital repairs on the property. This will allow you to find out if you will have the budget to buy the property, and then conduct the required repairs. In the event that you think the repairs are too expensive, then you can use it as a point of negotiation in order to reduce the cost of the property.
- Peace of mind: When moving into a property you want to have the peace of mind that there aren’t going to be any nasty surprises down the line. For example, it would be discomforting to find that all the plumbing needs to be replaced within a few months of moving in when you don’t have the budget for that repair job.