YES! Organising a pre-purchase building inspection is a great idea. You can use your report to determine what issues the property has prior to purchase or to bid with confidence at auction time.
A pre-purchase building inspection is a crucial step when considering buying a property. It allows you to have a professional inspector thoroughly assess the condition of the building and identify any potential problems or defects. This inspection can cover various aspects of the property, such as the foundation, roof, walls, plumbing, and more.
Having a comprehensive report from a pre-purchase building inspection gives you a clear understanding of the property’s overall condition and can help you make informed decisions. If the inspection reveals significant issues or structural problems, you can negotiate with the seller to address these concerns before finalizing the purchase. This can potentially save you from unexpected repair costs down the line.
Moreover, the inspection report provides valuable insights that can be useful during the bidding process at an auction. Armed with the knowledge of the property’s condition, you can bid with confidence, knowing the true value of the property and factoring in any necessary repairs or improvements.
Keep in mind that the cost of a pre-purchase building inspection is a worthwhile investment compared to the potential financial risks of buying a property without knowing its true condition. It provides peace of mind and empowers you to make an informed decision about the property’s suitability for your needs.