Whether you are buying or selling, a Pre-purchase Report is an ideal way to save you money.

Pre-purchase Reports are done as required, and are similar to building reports - except that they have consideration to either the buyer or seller of the property, as the case may be.

From a sellers perspective, a Pre-purchase Report can give details on what issues around the house should be fixed in order to maximise the sale of the house. It is sometimes the small details that you may miss, that the experienced inspector will find, that can add several thousands of dollars to the price of your property.

Conversely, if you are looking for some property to buy, having a Pre-purchase Report is a must. A qualified inspector can point out a property that does not have any issues, or they can point out a property that may end up costing you thousands just to bring it up to code.

Even though the certificates issued stating that the job is up to standard - that may not be the end of it. If the job has not fulfilled the purpose as it was originally intended for, it is deemed a defect in the eyes of the law. For example, if all parties have inspected and given their respective certificates for a concrete slab, and yet there is a crack in it and it is leaking, in the eyes of the law that is deemed a defect, and will need to be repaired before you can continue.

For further advice, refer to your solicitor.

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