Building and Pest Inspection Australia - The Ultimate Guide [Everything You Need To Know]

Published 2022-12-04
What's up guys? It's Nathan here.

A lot of customers ask me, "is the building and pest report necessary?"

Today, I'm gonna provide a comprehensive guide on everything you need to know about a building and pest report, including how to renegotiate your purchase price once a report comes back, and the exact process you need to take to get the most out of the building and pest inspection.


Inspection Check List: www.huntergalloway.com.au/wp-content/uploads/2019/ā€¦


00:00 comprehensive guide in everything you need to know about a building and pest report
00:21 I wanted to start off with my own story.
01:43 There was a big tree stump in the backyard
02:23 A typical building in pest inspection cost?
02:36 Reasons why building and pest reports are important
02:57 When should you arrange a building and pest inspection
04:25 What should you bring to the inspection?
05:19 A lot of people don't realize you can actually do an electrical inspection as well
06:06 How long does a building and pest report take to come back
06:24 Understanding the things you need to check when you go through a property
08:05 How liable are the inspectors
08:31 how long do these inspections take?
08:53 ask inspectors is, would you buy this property?
09:09 should I do a building and pest inspection for a new property off the plan or a property that's recently been built
09:43 What happens once a building and pest inspections completed
10:50 Can I renegotiate on the purchase price after the building and pest reporters come in
11:46 Is a building and pest inspection compulsory?
12:10 The bank expects the buyers to do their own due diligence



For more info, visit us here šŸ‘‰ www.huntergalloway.com.au/mortgage-broker-brisbaneā€¦

Or book an appointment with Jayden šŸ‘‰ hello.huntergalloway.com.au/meetings/jayden-vecchiā€¦

T: 1300 088 065
E: www.huntergalloway.com.au/contact/

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All Comments (11)
  • @vrsecky100
    Your comments and anecdotes are very accurate and detailed. As an inspector my self I always suggest that my clients attend the inspection and in fact some clients as you pointed out insist on it. Sometimes of course, its not possible, for example, when buyers are interstate or overseas, or have to be at work, and I've also had vendors prevent it by telling the agent only an inspector can attend the inspection. While it can sometimes be distracting to have someone else (client) tag along, most often they investigate their own things and catch up confidentially at the end.
  • Thanks for this comprehensive guide! Really helped me understand the crucial aspects to consider during a building and pest inspection. Great content!
  • @Ravenfearhers
    Great vid. A recent S32 stated the purchaser can break the contract if the report shows any defect on any structure on the land which is determined to be a major structural defect;. But who defines what is major?
  • @vrsecky100
    In terms of using the building and pest inspection report as tool for negotiating a better price? Well, of course you can use any tool to negotiate a better price or a discount for remediation, whatever!! This is where a good inspector will be transparent about the issues discovered, not underestimate rectification costs nor over bake problems. It is often hard to know what the cost of defects might be (after all, you are not setting the scope or quality of work, nor quoting on any job), but the inspector should be candid about potential costs and problems that exist or could crop up further down the line. Ultimately, any contract should be based on 'quid pro quo' basis and as long as the parties agree on what is being offered for sale and what is being bought then its legitimate, which could mean that the vendor may not have to honor a disputed contract either. That is to say, if the contract doesn't meet the 'subject to conditions' (whatever they are) then its likely the contract can be terminated at that point by either party.
  • @user-gr1qp4uw5i
    Great and comprehensive guide, quick question, should we do the building and pest inspection for a new home?
  • @marcellberto2538
    Great tip about scheduling an electrical inspection when a solar pv system is involved! But is it always possible-or even realistic-to schedule a building/pest inspection and electrical inspection at the same time?
  • @ralph9987
    Can I rely on an inspection report commissioned by the seller?
  • @jimlyttle7394
    You actually said you would misrepresent what the building Spector said ( if no issues with property)on the basisā€™s to be able to renegotiate on something that actually was not a problem! Not really ethical or at least fair. If the inspection shows problems by all means renegotiate but not the other method please.