Most people that are buying a new home are aware that they will need to have a building and pest inspection conducted prior to submitting an offer to the vendor. These inspections are important and ensure that there are no hidden structural issues or pest infestations that may need costly repair or eradication work for the purchasers. However, many people don't understand the importance of being present for the inspections.
Time is money
If you don't attend the inspections then you are relying solely on the report from the inspectors to give you the necessary information regarding the property. If you have any concerns regarding the reports then you may need to schedule a follow-up appointment with the inspector to have them answered. This is an added and unnecessary expense.
If you attend the inspections then you can ask for clarification on any issues on the spot. This is especially important if your knowledge on structural concerns isn't strong. Many people can understand a complex issue easier if they can see firsthand what the problem is.
Kill two birds with one stone
If the inspectors find anything that concerns them with the property then you may feel as though you don't want to go ahead with the sale. This doesn't have to be the case though, and the expense of any work required to remedy the issue can often be deducted from the amount that is offered on the property.
Before any deductions can be made, you will need a rough idea on the costs involved for any repair work. Many building and pest inspectors are industry professionals and will be able to provide you with a good estimate of the costs involved. If you don't attend the inspections and there are concerns raised in the report, then you'll need to consult with a builder or pest control company to get a quote. This will take up valuable time and add to the complexities of buying a home.
If possible try to schedule the building and pest inspection at the same time. This is because certain issues such as termite infestation, or potential entry points for termites, can impact on the outcome of both building and pest inspections. Many companies can actually provide both services like Inspect East and often they can be conducted by one person who is approved in both areas.
Attending your inspections may mean taking some time out of your work day or regular activities. However, the benefits of attending outweigh this inconvenience, and may save you a lot of time and money in the future.