A building inspection report is meant to give you a detailed account of the property’s condition.
It doesn’t matter if you’re buying a house or you’re the one selling it; you’re going to want to know what comprises a building inspection report. This report will give you an unbiased evaluation of the property in question and can help make or break a deal.
Here’s what you need to know about these reports and what they can do for you.
A building inspection Melbourne report is compiled by a professional inspector who visits the property. The inspector will evaluate the property’s condition, taking into account factors such as the age of the property, its location, and any visible damage.
The report will also detail any safety concerns the inspector may have and any major repairs that may need to be carried out. This information can be invaluable in helping you to decide whether or not to purchase a property.
Be reminded that a building inspection report is not a guarantee of future condition. The report was simply an evaluation of the property when it was inspected.
If you’re selling a property, getting a building inspection report is a good idea before putting it on the market. This will allow you to make necessary repairs or improvements before potential buyers look at the property.
When buying a property, you should always insist on a building inspection report before exchanging contracts. This will allow you to walk away from the deal if the report highlights any serious problems with the property.
For the most part, the building inspection Melbourne report will contain the following:
1 – Cover page with general information such as the property address, inspection date, inspector’s name and contact details.
2 – An executive summary that outlines the main findings of the report.
3 – A full description of the property, including its age, size, and special features.
4 – A property condition section detailing any visible damage and outlining any safety concerns.
5 – A section on major repairs that may be needed, including an estimate of the cost of these repairs.
6 – A section on minor repairs that could be carried out to improve the property’s condition.
7 – A section on general maintenance that should be carried out on the property.
8 – A section on any outstanding planning applications or building regulations affecting the property.
9 – A section on the property’s value, including an estimate of how much it would cost to replace the property if destroyed.
10 – The inspector’s conclusions and recommendations.
Building inspection reports are essential to any property transaction, so make sure you understand what they entail before you commit to anything. It will cost you money to hire a qualified inspector, but that’s nothing compared to the money you could lose if you purchase a property without knowing what you’re getting yourself into.