Despite the momentous changes that purchasing or selling a home introduces to our lives, pervasive myths and misconceptions around building inspections in Adelaide often result in unrealistic expectations, poor investment decisions, and even scuppered deals. In this blog post, we’ll dispel some of the top myths surrounding the building inspection process, so that you can confidently move forward with your property transaction. If you’re in the market for a new home, or are looking to sell your current property, read on to learn the truth about building inspections and how they can help you secure your future investment.
Contents
- 1 1. Building inspections are only for old homes
- 2 2. The real estate agent will take care of everything
- 3 3. Building Inspectors will inspect everything on the property
- 4 4. All building inspectors are qualified and insured
- 5 5. The seller will tell me about any defects on the property
- 6 6. I can do the inspection myself
- 7 7. A building inspection is the same as an appraisal
- 8 8. The report will tell me how much it will cost to fix the defects
- 9 9. A newly renovated home doesn't need a building inspection
- 10 10. I can trust the seller to organise the building inspection
- 11 11. The inspector will tell me whether I should buy the property
- 12 Wrapping Up
1. Building inspections are only for old homes
If you’re buying a brand-new home, it’s still essential to have a building inspection carried out. While it’s true that newly constructed homes are subject to more stringent building codes and regulations than homes constructed many decades ago, this doesn’t mean that they’re immune to defects or problems. Many new homebuyers are surprised to learn that their brand-new home has several hidden defects that were only uncovered during the building inspection process. While it’s unlikely that you’ll find any significant structural issues with a new home, your building inspector can identify any potential problems that could snowball into costly conundrums down the line.
2. The real estate agent will take care of everything
The real estate agent is there to represent the vendor and not the purchaser. It is the buyer’s responsibility to commission a pre-purchase building inspection before exchanging contracts. However, if you’re selling your home, consider arranging a building inspection beforehand to address any uncovered issues and avoid potential delays.
3. Building Inspectors will inspect everything on the property
4. All building inspectors are qualified and insured
5. The seller will tell me about any defects on the property
6. I can do the inspection myself
7. A building inspection is the same as an appraisal
8. The report will tell me how much it will cost to fix the defects
9. A newly renovated home doesn't need a building inspection
10. I can trust the seller to organise the building inspection
While the seller may be happy to organise a building inspection on your behalf, it’s not advisable to trust them to do so. The seller may choose an unqualified or inexperienced inspector. Additionally, the seller may try to cover up any potential defects to sell the property more quickly. It’s always best to choose your building inspector personally to ensure you get an accurate property assessment.
11. The inspector will tell me whether I should buy the property
Wrapping Up
Building inspections are an integral part of the home buying and selling process. It’s essential to be informed about precisely what a building inspection entails and how it can aid you on your journey, as you seek to sell or purchase a property. At Select Building Inspections, we adopt a no-nonsense approach to reporting. We believe in providing our clients with all the information they need to make an informed decision about their property purchase. Our reports are comprehensive, feature photographic records of defects and are designed to be quick to read and easy to understand. For further clarification, we’re always available to answer any questions you may have. If you’re in the market for a building inspection, contact our friendly team today. We’re always happy to help sellers and prospective buyers ensure they make the best decision they can.
