What you Need to Know About Pre-Purchase Pest Inspection Before Buying a Home
When thinking of buying property there are two inspections that prospective buyers should commission to help them make informed decisions before finalizing the purchase" a pre-purchase building inspection; and a termite pest inspection. The outcome of these pre-purchase inspections will allow you to decide whether to proceed with the purchase, re-negotiate, or not proceed with the purchase. It is highly recommended that you make it a condition of the contract that you are satisfied with the results of both these inspections before agreeing to purchase the property.
Pre-purchase inspection results give buyers the confidence that they are making a sound investment decision and that there are no hidden flaws that they or the seller are unaware of. Pre-purchase property inspections determine the condition of the structure of the building and are designed to determine whether there are any issues, big or small, that affect the soundness and value of the property. Common building defects that inspections can identify include leaks, cracked walls, rising damp, and many more. Often these defects are not major and can be remedied. Estimates for repairs can be used to renegotiate the purchase price if required.
When should you Carry out These Inspections?
Building and timber pest inspections should be carried out before you complete the formal purchase of the property. Ideally, it should be conducted before you place an offer to purchase the property, or during the cooling off period. Depending on the findings in the inspection report, you will have the opportunity to change your mind and pull out of the deal or renegotiate the asking price if you decide it will be worth your while to have the defects repaired.
Why you Need a Pest Control Company for a Pre-Purchase Timber Pest Inspection?
Although pre-purchase inspections are optional, when spending hundreds of thousands of dollars on a property, they can prove to be vital. When involved in such high stakes, it makes sense to have both a building and a timber pest inspection carried out to prevent a major investment mistake. Typically this means hiring a building inspection company that specializes in building inspections and a professional pest inspection company that specializes in the detection of timber pests.
What is a Pre-purchase Pest Inspection?
A pre-purchase pest inspection is carried out by a potential buyer on the property of a seller before proceeding with the sale. It differs from the standard termite inspections that property owners normally have carried out from time to time as it includes timber pests like borers, fungi, mold, and wood decay. The results of the report will allow the potential buyer to estimate the cost of remedying prevailing conditions or repairing damage to the timber and renegotiate with the seller.
It is important to know that although there is a slight overlap, there is a significant difference between pre-purchase building inspections and pre-purchase pest inspections. Although a pre-purchase building inspection will cover the timber in the structure and identify timber decay any visual damage caused by timber pests such as termites, timber pest inspectors specifically look for active pest activity. It not only covers the same areas of the site but involves looking for signs of pest activity that could extend up to 30 meters from the main building and become a future threat. In addition, a pre-purchase pest inspection will also determine whether there is a current termite management system in place and identify specific conditions that are conducive to termite attack.
How to Choose the Best Pre-Purchase Inspection Company
Recommendations from real estate agents may not be that reliable as they are usually acting on behalf of the seller in the first place, and in the second place they are reluctant to take on the responsibility should a problem occur in the future that was not detected by their recommended inspection company. It is better for you to research online reviews or find inspectors recommended by friends or colleagues. Check their experience, qualifications, insurance, and licenses. In addition to a general pest license, pest inspectors need a special license to carry out work in a particular state. They also carry additional public liability insurance and professional indemnity insurance and any professional company will be happy to show you their credentials on request.
All good pre-purchase inspection companies will require you to sign an agreement that mitigates the potential risk for significant financial implications should an issue be overlooked during an inspection. These agreements ensure a buyer fully understands exactly what is included in an inspection and what is not, and sets out how both parties are protected by the terms of the agreement.
When thinking of buying property there are two inspections that prospective buyers should commission to help them make informed decisions before finalizing the purchase" a pre-purchase building inspection; and a termite pest inspection. The outcome of these pre-purchase inspections will allow you to decide whether to proceed with the purchase, re-negotiate, or not proceed with the purchase. It is highly recommended that you make it a condition of the contract that you are satisfied with the results of both these inspections before agreeing to purchase the property.
Pre-purchase inspection results give buyers the confidence that they are making a sound investment decision and that there are no hidden flaws that they or the seller are unaware of. Pre-purchase property inspections determine the condition of the structure of the building and are designed to determine whether there are any issues, big or small, that affect the soundness and value of the property. Common building defects that inspections can identify include leaks, cracked walls, rising damp, and many more. Often these defects are not major and can be remedied. Estimates for repairs can be used to renegotiate the purchase price if required.
When should you Carry out These Inspections?
Building and timber pest inspections should be carried out before you complete the formal purchase of the property. Ideally, it should be conducted before you place an offer to purchase the property, or during the cooling off period. Depending on the findings in the inspection report, you will have the opportunity to change your mind and pull out of the deal or renegotiate the asking price if you decide it will be worth your while to have the defects repaired.
Why you Need a Pest Control Company for a Pre-Purchase Timber Pest Inspection?
Although pre-purchase inspections are optional, when spending hundreds of thousands of dollars on a property, they can prove to be vital. When involved in such high stakes, it makes sense to have both a building and a timber pest inspection carried out to prevent a major investment mistake. Typically this means hiring a building inspection company that specializes in building inspections and a professional pest inspection company that specializes in the detection of timber pests.
What is a Pre-purchase Pest Inspection?
A pre-purchase pest inspection is carried out by a potential buyer on the property of a seller before proceeding with the sale. It differs from the standard termite inspections that property owners normally have carried out from time to time as it includes timber pests like borers, fungi, mold, and wood decay. The results of the report will allow the potential buyer to estimate the cost of remedying prevailing conditions or repairing damage to the timber and renegotiate with the seller.
It is important to know that although there is a slight overlap, there is a significant difference between pre-purchase building inspections and pre-purchase pest inspections. Although a pre-purchase building inspection will cover the timber in the structure and identify timber decay any visual damage caused by timber pests such as termites, timber pest inspectors specifically look for active pest activity. It not only covers the same areas of the site but involves looking for signs of pest activity that could extend up to 30 meters from the main building and become a future threat. In addition, a pre-purchase pest inspection will also determine whether there is a current termite management system in place and identify specific conditions that are conducive to termite attack.
How to Choose the Best Pre-Purchase Inspection Company
Recommendations from real estate agents may not be that reliable as they are usually acting on behalf of the seller in the first place, and in the second place they are reluctant to take on the responsibility should a problem occur in the future that was not detected by their recommended inspection company. It is better for you to research online reviews or find inspectors recommended by friends or colleagues. Check their experience, qualifications, insurance, and licenses. In addition to a general pest license, pest inspectors need a special license to carry out work in a particular state. They also carry additional public liability insurance and professional indemnity insurance and any professional company will be happy to show you their credentials on request.
All good pre-purchase inspection companies will require you to sign an agreement that mitigates the potential risk for significant financial implications should an issue be overlooked during an inspection. These agreements ensure a buyer fully understands exactly what is included in an inspection and what is not, and sets out how both parties are protected by the terms of the agreement.
