Queenslands property market booming. Is now the time waive a pre purchase inspection?

Posted By Carson Smith  
08:44 AM

With south east Queensland’s property running red hot it has never been harder  to get into your own home. 

Prices are skyrocketing, interstate buyers and new home owners are rushing to make sure they don’t miss out adding even more pressure to the already stressful experience of purchasing a new dwelling.


Vendors are well aware they are in control of the game right now and we never  have seen the market so flooded with “Lemons”!!


Termite damaged , structural damage, poorly designed and situated houses are just some of the all too common types of houses we are inspecting at the moment as vendors realise now is their time to move on getting rid of that property that would otherwise stagnate on the market.


Cashed up interstate buyers and panicked locals are feeling the pressure and often waiving the building and pest inspection and purchasing sight unseen so they don’t miss out and the consequences are devastating. 


There has never been a more important time to ensure you get the best possible report on the overall condition of your biggest purchase. For less that .1% of the average purchase price you can get an expert qualified report on the building condition and timber pest position of the property allowing you to budget it into your purchase or walk away from the purchase. 


Some clients we have saved form financial ruin in purchasing properties with repairs needed into the hundreds of thousands of dollars!!!!!


Is this a risk you are willing to take???....


As local sales boom and even we are feeling the pressure and having to decline inspections due to unrealistic time frames on building and pest inspections. It is a good idea to choose a reputable inspector before discussing terms and check your inspectors current lead time to avoid having to use a less desirable inspector for your short lead time in your contract.


If you are in the market for a new home on the Sunshine Coast make sure you give us a buzz to check our availability before committing to short time frames on building pest inspections. Remember whilst we do offer same day reports and guarantee 24hr turn around we can be booked out for weeks in advance making that 4 day building and pest impossible.


Contact us today to find out more information . Happy house hunting.