Pest And Building Reports

These will be done before the contracts are exchanged or the cooling off period expires. The inspectors should carry Professional Indemnity Insurance and be experienced in property inspections.

The contract and the vendor’s warranties do not go to the structures on the property, only title. It is therefore important that the purchaser be assured that the property is not infested with termites or that the property is structurally sound. It is no good finding out after the contracts are binding that there is a structural problem with the property. The cost of these two reports is minimal compared to the cost of what the repairs may be if problems are not discovered up front.