Things can go wrong with a home at some of the worst times, and not getting a building report before you purchase a home is a primary culprit to something like this happening to you. One thing that most home buyers have a hard time doing is saying no to a deal that looks to be a deal of a lifetime.
If you are eyeing a home that has been on the market for a long time, it is essential to have a building inspection done before you close on it. Homes that have been on the market for that length of time typically are not cleaned and maintained the way that they should be so you tend to get large infestations of rodents and insects that can tear your house apart.
Not getting a home inspected before buying it is just a terrible buying decision. There are so many different companies out there today that do home inspection its really not hard to find. However, Sydney Termite Control has been doing in-home inspections for years and will be the first to tell you how important it is to have your home inspected before you close on it. Here are the seven dangers of buying a home without a building report.
Health- Health problems can exist in a home that has insects, and rodent infestations. Many homes are sick wards because of lack of maintenance or cleaning while they sit out on the market. Getting a building report will let you know of any infestations so that you keep your family healthy.
Foundation- Foundation problems are easy to miss if you don’t know what you are looking for. Foundation problems a lot of times lie below the surface of the ground but there are tell tale sign above the ground that you need to look for.
Additions- Putting an addition on your home can only do you’re house good. It will raise the value and help build equity within the home faster. However, if you have foundation problems and didn’t get a building report, could lead you down a path that will not allow you to get your addition done.
Equity or Value- You could end up losing both if you’re not careful. Once it’s apparent that there is a problem like infestation, the value of your home will drop tremendously. Plus, all the equity you’ve wanted to build up will be washed away.
Your neighbors- Taking a quick glance at the neighbors are another key to the survival of your investment. Insects such as termites left untreated will feast on the next closest home once they finish tearing theirs apart. If this happens you will be forced to take action immediately so that it doesn’t happen to you.
Missing the Deal- If you don’t have a building report in the beginning that talks about all the issues with the home, you probably lost out on a major deal. Add that amount with the money it will cost to get a reconstruction done and you could end up losing money in the long run.
Repairs- Repairs are a big thing and also a very expensive thing that riddles homes all over the world. Home buying is not always the easiest thing and can be very costly. If you do not get a building report then you too could be setting yourself up in a trap that could cost you a lot of money.
These are the 7 biggest reasons why you need a building report anytime you purchase new property. Even if you know the family you’re buying from, we still recommend having this in your hand. While you may close on a deal quicker in the short term, it could take months or years to get the property back to normal if something isn’t right. So before you make your next investment, be sure to have all the paperwork you need to feel comfortable.
If you’re concerned about any of these common pests and need some help exterminating them, you can contact Pink Pest Services for professional pest control in Sydney or call 
02 9529 5222
for immediate assistance.
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