Buying a House at Auction
If you’ve ever been involved in an auction, you’ll know how tense it can be. More so, if you are one of the people bidding.
An auction contract is unconditional, so there is no opportunity for a property inspection after the hammer goes down. You need to organise a building and pest inspection report before the auction. But it’s hard when you don’t know how things will turn out on auction day. What if you don’t win? You only have to go through it all again!
You really need to weigh up your options here. Winning a house at auction is exhilarating – but what if you discover that you have bought yourself a lemon, with problems that will keep you out of pocket for years to come? A house is likely to be your biggest financial investment and you don’t want to get things wrong. All you will do is put more of your money at risk.
A building inspection report is your best insurance. It’s really a small price to pay when compared to the value of the house. And it could ultimately save you thousands, as you might discover issues that you weren’t even aware of.
How much are you willing to pay for your peace of mind? At the end of the day, it is better to feel relieved than to sit with nagging doubts and uncertainty.
From 1 May 2018, we created a new division of our business for residential inspections. Pre-Purchase house inspections will now be carried out by The Home Inspection Hub. We look forward to providing the same level of knowledge, experience and service, our clients have come to know from the team at SPI Property Inspections.
For your peace of mind, contact us today for a free online quote.
Check out our Pre-Purchase House Inspection article, which outlines in more detail what we cover.
Your offer has finally been accepted and the excitement is building – you can almost smell the packing tape! Just a few more hurdles and you can book that removal van. But having seen the property only two – three – maybe four times, it’s a little daunting. You’re about to make a decision that has serious consequences. Are you really ready to commit?
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Roof problems are not always obvious – let’s face it, you don’t often get up on your roof to check it, if at all. Besides, your roof may be hard to access, or you’re not even sure where to look. So you may not be aware that damage has occurred, or issues are building up.
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