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10 questions to ask during a property inspection

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10 questions to ask during a property inspection

If you’re looking to buy a house and have set your eyes on a property (or a number of properties) there are a number of questions you should be asking at inspection.

A house inspection is a really important part of the home buying process, as it allows you to get an idea of the look and feel of a place. However, even if the look and feel of a property is exactly what you are after, there may be some underlying faults that might change your mind about if it is the right place for you. You can never be sure of a property until you have inspected it.

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Home inspections are generally half an hour to an hour in length, so it’s good to come prepared with some questions. The best way to uncover potential red flags is to be thorough.

Here are some questions that you should be asking at a property inspection:

Why are the owners selling?

This is a useful question, not only because it may reveal problems with the house otherwise obscured, but it also gives you a glimpse into the home sellers, and what they might be expecting to get out of selling their house price wise. It might be useful to also ask how long the property has been on the market, to gain an idea of the demand for the property.

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Have any repairs or renovations been made?

Knowing the details around repairs or renovations can give you a better idea of the true value of the property. It can also give you an idea about any council restrictions that might affect the property.

What will the property be worth in 10 years?

This one is obvious- buying a house is not typically a shot term investment. Having an idea of what the property will be worth in the future will help you when comparing properties.

What sale price are the owners expecting?

This will give you a better idea of how flexible the owners are willing to be in negotiating away from the listed price.

What should I repair first?

No home is going to be 100% perfect. Knowing what needs to be fixed first will give you an idea of what to expect post settlement.

What amenities are nearby?

Depending on your needs, you will need to determine the proximity of the property to local amenities such as schools, shopping centres, public transport ect.

Are there any copies of recent property reports?

Recent property reports such as drainage diagrams, pest inspections and soil reports can help you avoid buying a property that has serious underlying structural issues.

What might become hazards down the road?

It is crucially important that you understand the extent of any water, fire, safety, or health hazards that are on the property, if any. In particular, look out for water or gas leaks, mould, dodgy wiring or exposed insulation.

If you are conducting a final inspection and notice any of the above issues not outlined in the contract of sale, you have a right to terminate or amend the contract (Final Inspection: What To Expect)

How much will repair cost?

If there are repairs that need to be made, do not be fooled into buying the property blind- without having a solid understanding of how much the repairs will const you. You don’t want to be shelling out extra cash for a repair that you underestimated the cost of.

What condition is the roof in?

Lastly, don’t forget to take a look at the condition of the roof. If the roof is in poor condition or is too old, it can complicate trying to get the home covered by an insurance company.

If you are thorough and persistent with your home inspection you will surely have a better shot at getting the home you want at a great price!