You need a great mortgage broker to help you find the right financing when buying a home in the Baldivis area but you need a lot more people on your “team” to get the most out of your home purchase. One of these is a qualified home inspector. According to Archicentre, the building advisory service of the Australian Institute of Architects, more than 80% of Australians who buy homes aren’t having them inspected for both structural issues and pests.
We cannot state strongly enough that an inspection is necessary before purchasing any home. If you purchase a home without an inspection, you can end up being stuck for repairs that cost you thousands of dollars. In a worst-case scenario, this could ruin your personal and financial life by creating a financial “hole” that takes years to dig out of.
There are some flaws you may be able to see for yourself, such as cracking paint, damp walls or poor plastering but these are mostly superficial. A qualified home inspector is trained to find flaws that aren’t noticeable on the surface.
For example, you could have damage to your downpipes, guttering or plumbing. You could have roofing that is ready to fall apart. The wiring in the house could be faulty or outdated. There could be structural damage to your house. Pests are another huge problem. Rodents and termites can be incredibly expensive and time-consuming to get rid of.
Your Inspection Report
Once your property is inspected, the inspector will provide you with a report. This will itemise everything that is wrong with the house, whether or not it can be repaired and how much those repairs will cost.
Once you have this report, you can use it to negotiate a reduction in the asking price. You can also set up a program to repair the home.
Need a Mortgage Broker?
For more information or to enquire about a home loan, call Smartline Rockingham today: (08) 9527 1800.