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You’ve been hearing all about the predicted rise in home prices, and you’re ready to get in on the action by taking advantage of what’s widely considered a great time to buy. If you’re thinking of entering the housing market at this particularly opportune time, investing wisely is the single most effective way of safeguarding your financial security. For most, the purchase of a home or property is one of the biggest investments they’ll make over the course of a lifetime. Despite a relatively bleak economic climate, the majority of Australians believe that now is the time to buy. When you’re ready to make the most of this great opportunity to purchase a home, it’s also wise to make sure you’re taking all the right measures to protect your investment.
Scheduling a Building Inspection to Make a Smart Investment
When you hear “now is the time to buy,” the phrase can inspire a sense of urgency and a desire to capitalize on a great opportunity. While the excitement of purchasing a property can be overwhelming, it’s important not to get so swept up in the excitement that you neglect important safeguards. Before you sign an offer and acceptance form, be sure you work with a reputable inspector in order to secure reports for building inspections. Making a smart investment requires you to protect both yourself and your financial security by ensuring a property is structurally sound, up to proper building standards and free of major defects before you enter into contractual obligations.
How Building Inspections Protect Buyers
When you walk through a building, you can easily spot obvious signs of disrepair or damage. What you may not see, however, are major structural faults lurking behind a great facade. The most effective way of making a smart investment when it comes to real estate is to be sure you’re not buying a home which will end up costing more than it’s worth due to hidden defects. By securing a building inspections and reports, you’ll be able to get a more accurate picture of the property as a whole. Armed with the information contained in a building inspection report, you can adjust your offering price to reflect the necessity for expensive repairs or avoid purchasing a property with defects with the potential to devalue your investment.
In a deregulated industry, who should you reach out to for help in getting a building inspection? Fully licensed builders are what people should be looking for as a minimum standard. Inspectors with that level of qualification can uncover problematic issues which may otherwise go undetected until they create the need for expensive repairs. By working with an experienced building inspector, you can make the most of an advantageous time to buy without running the risk of losing money in the long run through repairs and renovations. Make a smart investment, and secure a building inspection report before extending an offer of purchase.
Houspect Building Inspections – Buy, Build, Invest and Sell with Confidence