Just a tip, make sure you read the building inspections clause carefully. My mum got stung as the clause read that the building inspection had to find 'major structural damage', which is difficult to define. Make sure you ensure that the clause is fair to you.
Great video. In a hit market it is hard to even get sellers to accept a test, but just have to fight through. Secondly, lots of lemon properties list when the market gets heated so proceed with caution
Is it advisable to trust an independent third party building and pest report that has been conducted at the request of the realtor? This is a common option for auction houses- but is it dodgy?!
Hi Claire, great question! Always best to pay for this yourself. The main reason I say this is that we won't know the relationship the agent has with the inspector. Thus, could be a conflict as in the agents and owners best interest to elect the least thorough building and pest inspector. In the end, a couple hundred dollars is worth the price vs the risk of buying a lemon. Hope this helps and thanks for the question 😊
Thanks for the video and info. My question is at which point can a building and pest inspection clause be added? If not on the initial contract from the real estate, can this be requested as an addition through the conveyancer?
Thanks Ben, this would be a clause you'd add in the contract to purchase. If unsure, it would be wise to have your conveyancer review the contract prior to entering it. Where they'll be able to add these clauses in.
@@MortgageBrokerAustralia Hey guys thanks for the response. I'm guessing you'd come across a few cases where an offer is made, contract docs sent straight away to the buyer and they feel rushed to send the docs back? If adding a clause as that point is missed, can the conveyancer negotiate adding things in after or is it set as is? Thanks guys, love the channel
Thanks Ben, once the contract has been entered into amendments can't be made. Its wise to get advise from a conveyancer prior to entering into a purchase contract to ensure all details are covered prior to locking in the contract.
When purchasing a new property off the plan or newly built unit, do you have the rights to crash the contract if the pre settlement report issues are not rectified?
Hey Josh and Jayden, Love the videos! Have picked up plenty of tips from them, so big ups for sharing the content :) Can I request a video on how to pick the right real estate agent when selling? Cheers Stuart
Hey Stuart! We just published a video covering your question on how to the right real estate agent when selling - ruclips.net/video/_BCC92EMPPA/видео.html enjoy let us know what you think?
![Building and Pest Inspection Australia - The Ultimate Guide [Everything You Need To Know]](http://i.ytimg.com/vi/8yNLhFDFv_U/mqdefault.jpg)
![The Millionaire Advice For First Home Buyers [8 mistakes to avoid]](/img/1.gif)
For more home buying resources check out www.huntergalloway.com.au/resources/
Love the video!
One thing that I found in your video is very detailed with info and ultimate graphics. Thanks!!
Awesome, thank you and appreciate the feedback!
Smashing mustache! Thank you for another awesome vid!
Thanks Pete 👨🏻 😁
Hahahahahaha 🤣 we've offered to pay for a haircut but he's happy as is! Thanks Pete. Cheers, Jayden.
Just a tip, make sure you read the building inspections clause carefully. My mum got stung as the clause read that the building inspection had to find 'major structural damage', which is difficult to define. Make sure you ensure that the clause is fair to you.
Thanks for sharing William, great tip and appreciate you sharing!
Your videos deserve more views, very helpful- thank you!
Glad you like them! thanks so much Luke!!
Great video, thanks a lot guys!
Our pleasure!
I love these videos, so informative 👍🏽 great job
Glad you like them!
Very helpful videos! thanks guys
Our pleasure!
Great video. In a hit market it is hard to even get sellers to accept a test, but just have to fight through. Secondly, lots of lemon properties list when the market gets heated so proceed with caution
Thanks Nick, well said and thanks for sharing!
Is it advisable to trust an independent third party building and pest report that has been conducted at the request of the realtor? This is a common option for auction houses- but is it dodgy?!
Hi Claire, great question! Always best to pay for this yourself. The main reason I say this is that we won't know the relationship the agent has with the inspector. Thus, could be a conflict as in the agents and owners best interest to elect the least thorough building and pest inspector. In the end, a couple hundred dollars is worth the price vs the risk of buying a lemon. Hope this helps and thanks for the question 😊
Well put!
Joshua Vecchio thank you!
Thanks for the video and info. My question is at which point can a building and pest inspection clause be added? If not on the initial contract from the real estate, can this be requested as an addition through the conveyancer?
Thanks Ben, this would be a clause you'd add in the contract to purchase. If unsure, it would be wise to have your conveyancer review the contract prior to entering it. Where they'll be able to add these clauses in.
@@MortgageBrokerAustralia Hey guys thanks for the response. I'm guessing you'd come across a few cases where an offer is made, contract docs sent straight away to the buyer and they feel rushed to send the docs back? If adding a clause as that point is missed, can the conveyancer negotiate adding things in after or is it set as is? Thanks guys, love the channel
Thanks Ben, once the contract has been entered into amendments can't be made. Its wise to get advise from a conveyancer prior to entering into a purchase contract to ensure all details are covered prior to locking in the contract.
When purchasing a new property off the plan or newly built unit, do you have the rights to crash the contract if the pre settlement report issues are not rectified?
Depends how the contract is structured - probably best to double check what is possible with your solicitor.
Hey Josh and Jayden,
Love the videos! Have picked up plenty of tips from them, so big ups for sharing the content :)
Can I request a video on how to pick the right real estate agent when selling?
Cheers
Stuart
Thanks Stuart, sure can! 😊 We'll look into it, is a great idea! Thanks for the suggestion
Great Idea Stuart, we'll get onto it in the next few weeks! Thanks mate
Hey Stuart! We just published a video covering your question on how to the right real estate agent when selling - ruclips.net/video/_BCC92EMPPA/видео.html enjoy let us know what you think?