Enhance Property Inspection Compliance with Digital Signature Licitness in Australia

How to eSign a document: digital signature licitness for Property Inspection Report in Australia

what is a building and pest inspection report why do i need it and what's included in it in today's video we'll go through what a building and pest inspection report covers why it's important to get one before purchasing a property and how do you go about getting one let's jump straight in what is a pest and building inspection report a building and pest inspection report is a written account of the conditions of a property it details any significant minor building defects and problems like rising depth movement in the walls safety hazards or a faulty roof it should also cover any existence of or previous pest damages such as termites or timber destroying bugs so what's covered in the pest and building inspection report each state has different guidelines as to what's needed to be included in a building and pest inspection report some general information would include the overview of structural issues including checking the interior and exterior of the building checking the roof space exterior of the roof and underfloor space the report will give you insights into any necessary repairs so that you can find out exactly what needs to be done on the property to bring it where you'd like it to be you can specify any particular item of the building that you want it to be inspected including any signs of asbestos checking the electrical wiring and smoke alarm test the inspection will expose any previous and current pest infestations including what damage was caused and how it was fixed the report will evaluate various structures on the site such as garages garden shed and fencing they will check that any extensions made to the property are legal and have council approval the format and the amount of detail that's included within the report will depend on several factors such as type of property size age and condition and the reporting process used by the consultant when preparing for the report these factors will also determine the cost of the report although the detail and the format of the report might vary it should include enough information for you to be aware of the condition of the property and identify any significant problems so why do you need the report before buying a property getting a building and pest inspection report before buying a property helps you identify any problems in advance that could be unpleasant or financially crippling in the future you can use that information to negotiate a lower price as you might need to repair some issues if you do decide to go ahead with the purchase it is advisable that you speak to a specialist about any major problems they'll advise you on how the problems will affect the property over time and the necessary work that's involved to fix them how long does a building inspection usually take and how much does it cost these days along with a contract of sale the real estate agent should be able to provide you access to the building and pest report for the listed property pricing will vary for these already completed inspections it can range from anywhere between fifty dollars to three hundred dollars if you successfully purchase the property if there's no building or pest report already available you might have to organize an inspection by a professional yourself you shouldn't get the vendor's permission to have the property inspected as early in the sales negotiation process as possible so that you can decide whether the property that you're looking at is actually worth buying a building inspection normally takes between one to two hours to conduct but most companies will require a minimum of two to three days of notice for them to conduct the inspection and deliver the report the cost of the building and pest inspection report will vary depending on the state and the property but it should range anywhere between three hundred dollars to six hundred dollars if you get the professional inspection yourself given that your home will cost you hundreds and thousands of dollars it's a small price to pay to get the reassurance that there aren't any existing problems with the property and it would cost less than buying a home that requires extensive repairs if you're considering purchasing your first property and want to understand which interest rates you might qualify for jump onto lendy.com.au it only takes a few minutes our online home loan platform compares interest rates from over 30 different banks and lenders and we have a team of home loan specialists who's dedicated to help you every step of the way so that's it guys everything you need to know about building and pest inspection reports if you're ready to make an offer on your dream home watch our video here where we'll explain the process of making a suitable offer see you then a sec [Music] you