No matter what type of property you’re buying or which method of sale is used, there are a number of inspections well worth carrying out before you commit. The earlier you can get these checks completed, the more information you have to hand when approaching negotiations or bidding at auction.
Given that buying property is one of the biggest financial commitments most of us ever make, it’s wise to check out exactly what you’re buying before letting any money change hands.
Here are five inspections you should think about before buying Gold Coast property.
While it’s unlikely you’d want to buy a new home without viewing it first, make sure you do carry out a thorough personal inspection. You can check things like window security and look for signs of leaks or other problems that aren’t obvious from photos. Seeing it for yourself allows you to assess whether it’s really what you want and worth what you’re willing to pay. Take someone you trust with you, as they’re bound to notice different things.
A proper building inspection takes your viewing one step further. A qualified inspector will look at the interior and exterior building structure, check the roof and any outdoor areas. They’ll be looking for signs of structural damage or defects that could present a hazard or be expensive to replace.
Your inspector will provide you with a full report, allowing you to ask for more information about an issue or negotiate accordingly.
A pest inspection looks specifically for signs of infestation and can sometimes be combined with the building report. The inspector will check for previous damage as well as the potential for it, and they’ll look through as much of the interior and exterior of the property as possible. Once again, you’ll receive a report with recommendations so you can understand any future costs and decide whether or not they affect your intention to buy.
If a property is being sold with a swimming pool, it must be looked at by a licensed inspector to ensure it is safe. An inspector will check that relevant safety standards are met – such as fencing where necessary and that the pool’s construction is up to scratch. Should the vendor already have a certificate, you may be able to skip this step.
Queensland Government recommends that you visit the property shortly before settlement to check that it is still as it was when you last viewed it. You should check that the building condition is the same, agreed fixtures and fittings are still in place, as well as any special contractual clauses or agreements.
To find your new Gold Coast property, contact the expert team at Ray White Surfers Paradise today.