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Buying a house in Auckland? Make sure you're buying peace of peace of mind -- and not someone else's nightmare!

Apart from taxes, your next greatest expense is almost certainly the cost of actually buying a house.

Buying a house in Auckland With so much money at stake - YOUR MONEY - can you really afford to be buying a house in the city of sails without knowing what sinister secrets might be lurking behind those walls and floor-boards?

Who knows what potential building problems might be brewing away, hidden from unsuspecting eyes.

With this in mind, here are three frequently asked questions as to why a pre purchase house inspection should be a "no-brainer" for the discerning Auckland house buyer:

Buying a house in Auckland

Can a building inspection add leverage and value to my bidding position?

Yes! For example, if a vendor wants say, $500,000 for a house that is supported by a registered valuation for around that amount, normally you wouldn't have much chance of buying a house in Auckland like that for too much less.

However, if a subsequent pre purchase inspection reveals building problems and concerns that are likely to cost thousands of dollars more to repair...guess what? You can go back to the vendor with proof of this and use it to negotiate a purchase price below the asking price!

You won't be successful all the time, but it's definitely worth a shot!

Often, the vendor will agree to fix all the disclosed issues as a 'condition of settlement' instead of selling the property to you for a lower price.

Hey, that's ok... as long as you're getting fair value for money, you can't lose.

Buying a house in Auckland

Should I rely ONLY on the Real Estate agent's assessment of the property?

In years gone by, you could' ve. But today, given the revelations around poor building practises over the last decade, it has become standard practise to have a building inspection carried out.

It should also be pointed out that a real estate agent is unlikely to be in a to know the full extent of problems and defects within a given house without consulting a building inspector.
Buying an Auckland house

Is the cost justified in the results it can achieve?

Well, let's take a look at that: Say you want to buy a $460,000 house and a building inspector uncovers $15,000 worth of major repairs that need to be done urgently.

Now lets say that you were charged $300 for the building report. According to my calculator, that "$300 fee" represents a mere 2% of the cost of the proposed repair bill!

If you hadn't commissioned the inspection and had simply gone ahead and purchased the house for around the $460,000 asking price, YOU would've then had to fork out for the much-needed repairs yourself!

Oh, and don't think they would've only cost you $15,000 by the time YOU discovered something was wrong. Chances are, you'd have ended up paying 'many thousands of dollars' more, because the issues, defects and problems would've grown worse over time.



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What Our Clients Say:

 

“I want to express my appreciation for the inspection you carried out for me on the property in Whitford. I'm no expert and your advice was invaluable in helping make the decision to purchase."

Matt B.

 

“Many thanks, a very thorough pre-purchase house inspection report - even the lawyer thought it was thorough!"

A. Stubbings 

 

“We would like to take the opportunity to thank you for your home inspection report.  It was very thorough and efficient and we wouldn’t hesitate to call you again in the future (if needed)”.

K Watt & K Horne

 

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