As a buyer, you are putting a lot of trust into the property inspector, but how do you know for sure that they are providing a legitimate report unless you ask the questions.
Not only will asking questions give you peace of mind about their qualifications and experience, but it will also keep them honest throughout the inspection process. For example, if they give you a waiting time for the report, then they are somewhat obligated to meet that deadline.
This is also a great tool to help you compare different companies.
1. How long has the business been operating for?
The more experience the business has the better. You may even be able to get a referral from one of their previous customers. It would also be worth it to see if they are a part of any continuous training programs. This will show that they are committed to staying up to date with requirements. It might also be worth looking online at their website and social media sites to see if what they are saying is correct.
2. What are your charges and what is included in the price?
This is a particularly important question if you are on a tight budget. There is nothing worse than having a number in your head and then when it comes time to pay, the price is double, even triple what you expected. If the inspector gives you a number in the beginning, you will know what work you can or can’t afford. It will also help keep the inspector on track.
3. What qualifications do you have?
It may seem trivial to ask this question as this is their profession, but inspectors go through a large amount of training before they can become qualified and you want to ensure you are getting an accurate report on the state of the house. The legitimate inspectors will also comply to the necessary industry standards, so see if they do comply with the relevant Australian Standards for building inspections.
4. What is included in the report
By asking this question before they start, you can use it as a checklist when looking through the finished report. This also gives you the chance to add in any other areas you would like to have checked. Asking for a sample report is a great way to see how detailed the inspector is and will give you an idea of what to expect.
5. What is the waiting time for receiving the report?
This will give you a timeframe to work with and will also give the inspector a deadline so you will not be waiting for weeks. Some inspectors can give a verbal report on the day of the inspection. This can be helpful for you as the inspection will be fresh in their mind and they can relay specific details, so it’s worth it to see if they can give you a call after the inspection.
A property inspection could affect the asking price of the property, so it is important that the inspection is done correctly. These questions are just a guide, so if there are more questions specific to the property you are looking at, make sure to ask them.
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Anouska Linz is Manager, Online Sales at State Custodians and has over 10 years’ experience in financial services, both in broking and banking. Holding a bachelors degree in accounting, Anouska quickly discovered a love for mortgage lending and assisting people to achieve their home ownership goals. She leads a team of highly experienced lending specialists who are passionate about finding lending solutions which result in real wins for the customer. She is also a massive netball fan.
For more information on our home loans, visit www.statecustodians.com.au or call 13 72 62.