Know Exactly What You Are Buying

News Mail Bundaberg Qld., May 25, 2013 | Go to article overview

Know Exactly What You Are Buying


BY VIKKI BERARDI

YOU only have to pull into the Bunnings car park on any given weekend to know that maintaining a home is full-time, and often costly job.

From loose pavers, through to a wonky staircase Co some problems are little and others are more serious.

Buying or building a house is going to be one of the biggest financial decisions you make in your life.

Having a building and pest inspection done is a must-do for anyone purchasing a property.

Before signing any contract of sale, make sure you have included a Subject to Building and Pest Inspection clause in your contract.

Your solicitor will be able to provide expert advice on all matters relating to your contract of sale terms and conditions and you should always seek expert legal advice.

Wording within contracts can be confusing and unless you have extensive knowledge of legal terminology, you can leave yourself exposed to loopholes.

Enlisting the assistance and advice of a professional conveyancing solicitor is absolutely mandatory to ensure clauses such Building and Pest Inspections are watertight.

Greg Brown from Mackay Whitsunday Building and Pest Reports agrees.

C[pounds sterling]ItCOs so important for prospective home owners to obtain a pre-purchase building and pest inspection report from a registered inspectorC[yen].

C[pounds sterling]You would never buy a used car without having it thoroughly examined for rust and mechanical problems, so why would anyone buy something as significant and as expensive as a home without having it thoroughly inspected for faults or infestations,C[yen] he said. …

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