It is highly beneficial to get both a building and pest inspection from an independent contractor before you purchase a property – it could save you plenty of money and a world of hassle down the track. If you sign a contract without checking the condition of the property, under the age-old legal notion of ‘caveat emptor’ (buyer beware) you’re stuck, regardless of what turns up after taking possession.
You will be provided with a written account of the condition of the property, informing you of any significant building/pest defects or problems. These reports should be discussed in detail with the inspector so you can be completely aware of the severity and potential costs associated with any issues highlighted. You can find specialist building and pest inspectors online or ask your solicitor/conveyancer to recommend one to you.