Fine building defects are difficult to spot to an untrained eye. You could stick to an IKEA manual for your building know-how, but the chances are that you’re going to get the short end of the stick when you go looking for a new property. A building inspection is a not-so-secret tool that you can use to ensure that you know what the building’s value is. The home inspection Tauranga builders provide leave you with a detailed report of what different defects of the house may be. These reports can be comprehensive or even just a simple checklist of different things.
Either way, you can use it as a bargaining chip when it comes to negotiations. There are many cases where the faults discovered through a report can be used t o barter the price down — getting a building inspection carried out before any exchange or shortly after it is the best time for a buyer since if a certain time period passes afterward, the seller is no longer liable for the real estate. This can lead to buyers paying significantly more than expected for their new property as repairing damage adds up to their financial cost which isn’t what they wanted to do after already spending a large sum of money on the property itself.
Real estate can be a cruel market. Sometimes you find yourself in a hot market where other buyers are simply outbidding you, and no one likes to lose out on their third dream house in a row. When the competition is high, discovering faults in the property can really help keep negotiations in your favor with the ball in your court. A vendor can’t inform you of something they are not aware of themselves, so bringing it to light can be beneficial.