How to Save Money on Building Inspections
Building inspections cost money. This is the main reason why some home buyers skip the process entirely. Home inspections, however, add another layer of guarantee that you are buying a good house, even if you don’t know anything about construction.
Here are ways you can spend less on building inspections.
Tips to save money on building inspections
1. Get multiple recommendations.
Ask your real estate agent for a list of certified home inspectors. Get recommendations from family, friends, and neighbours too. Interview prospective building inspectors and check their background, how they work, and if they have accreditation and insurance. It is important to hire someone who is not only qualified for the job, but has a working style that you are comfortable with.
2. Be there during the inspection.
The building inspection company will provide you with a full report after the inspection is completed. But why wait for the report when you can actually be there and take an active role?
Home inspectors are knowledgeable about the Australian Standard for the Inspection of Buildings (AS 4349.1) and are up-to-date on the latest construction trends and techniques. Don’t be afraid to ask questions.
During the inspection, you’ll be able to see what the inspector finds. Ask whether it’s a big deal or not, or if the repair is urgent, and how much it would cost. This is crucial piece of information that you can take with you when you negotiate with the seller.
Another reason to be at the property site during the inspection is to ensure that the building inspector is not cutting any corners. Some might avoid checking exterior areas when it is raining or snowing or if the crawl spaces are hard to reach. Make sure that they don’t miss anything during the inspection.
3. Turn on all utilities during the inspection.
Normally the utilities are connected by the seller before your building inspector arrives. This may not be the case if the property is in foreclosure or has been on the market for a long period of time.
If utilities are turned off, the inspector might miss problems such as pipe leaks, poor drainage, or restricted water flow.
4. Don’t assume that a brand new home does not have defects.
A brand new home may look sparkling to you but it doesn’t mean there are no hidden defects, even if it meets the building code. The only way to guarantee that you are purchasing a good, solid property is to have a home inspection done. You’ll have peace of mind and be able to save money in the long run.
5. Hire a specialist if there is a need.
A standard building inspection will only include visible areas. The home inspector may not identify structural problems or other hidden defects. If the inspector recommends that you hire a specialist, you should get one.
If you are buying an older home and want a more thorough inspection, consider hiring an accredited professional such as a pest inspector, surveyor, or structural engineer.
If you are concerned about the quality of the water, you can have it tested for contaminants. It is also important to check for moulds if the house is old.
6. Take the home inspection report seriously.
The home inspection report is not just a written checklist. You need to address any problem that the inspector finds. If there is a major defect, you might need to pass on the deal no matter how much you love the house. Ignoring the flaws discovered during the home inspection could create bigger problems down the road.
Schedule a professional building inspection today
Cost effective building inspections are available from professional and certified inspectors in NSW. Exceptional Building Inspections is here to take care of your needs at a cost that is much friendlier to your pocket than other companies’. Call us today for enquiries!