Home Interest RatesMortgage PlanningHome Loan Showroom
Home Loan Showroom
Home LoansTelephone Banking
Loan Service Line
Queensland Building BoostNational Rental Affordability SchemeAbout Us
Tools
Handy home loan toolsUseful Links - urbanmoney DirectoryHome Loan ChecklistsProperty investment The Buying Process - what happens when you buy a home?Pre-purchase InspectionsFAQsHome loan deposit bonds, deposit guaranteeFirst Home Buyers GrantHouse hunting check list

5 easy steps

urbanmoney | Company profileMemberships and PartnershipsMeet Geoff WilsonTerms and ConditionsPrivacy PolicyTwitter
Follow urbanmoney
Contact Us | urbanmoneySubscribe to 'Streetwise' 

Pre-purchase inspections

 

Arranging for property and pest inspections before exchanging contracts is a must.

These inspections can save you a lot of time, trouble and expense further down the track, not only will a thorough inspection inform you of a property's condition, it helps allow you to make an informed decision as to whether to purchase the property or not if a severe problem has been detected.

So, before you buy, have a professional inspect the property. There are some minor measures you can carry out yourself, such as switching the lights on and off, flushing toilets, checking for leaky taps and showers etc, by doing this you can reveal any unexpected problems that may prove expensive to fix later on.

It pays to have your pre-purchase inspection carried out by a specialist who will check for things such as:

  • Evidence of water entry or mildew;
  • Under-floor ventilation;
  • Exterior walls for cracks, straightness;
  • Timber floors for rot, mould, borers, termites
  • Roof condition, guttering, flues, chimneys, flashings;
  • Eaves for water staining that may reveal roof or gutter problems;
  • Wet or damp areas like bathrooms, showers and laundries for cracks, leaks and mildew;
  • Trees that may cause structural damage with their roots

All in all, you can save a lot of time and money, not to mention stress by having a professional inspect prior to purchasing.

It is also a wise idea to inspect the body corporate books if you are considering buying an apartment or unit, this inspection can highlight problems that may otherwise go unnoticed, such as whether there is adequate funds in the sinking fund for future building maintenance, any restrictions on the use of common property, any past insurance issues and even the policy on pets.

 

Tweet



Other Recent Articles

Lowest Rates To Everyone, Everyday
Queensland Building Boost Grant
urbanmoney now funding loans for the National Rental Affordability Scheme (NRAS)
Streetwise - Subscribe or view our latest news
Classic Caitlin Caption Competition

Home | Contact Us | First Home Buyers Guide | Property investment | White label finance Australia | Useful Links - urbanmoney Directory | Home | Contact Us | urbanmoney | Site Map | Investment | Australian non resident home loans | Renovation and building home loans | Home Loan Showroom | Subscribe to 'Streetwise' | Interest Rates | Wilson National Investment Property List | Intro Rate home loan | Home Loans | Access | Property | Mortgage Planning | Print this page | RSS rss | Top of page

Phone: 1300 288 828
Address: 16/58 Riverwalk Avenue, Robina, QLD, Australia 4227
Copyright © 2012 Wilson National trading as urbanmoney
Web Design Gold Coast | Web Developer Gold Coast