As the potential purchaser of a property it is important that you know the difference between a Pre-Sale Building Inspection and a Pre-Purchase Building Inspection. The Pre-Purchase Building Inspection is essential for anyone buying a house.
As the name suggests, the Pre-Sale Building Inspection is undertaken prior to the property being advertised on the market. Subsequently this report is organised by the vendor and in some cases the real estate agent. A Pre-Purchase Building Inspection is organised by the prospective purchaser of a property, usually once a contract has been formalized and signed.
PRE-SALE BUILDING INSPECTIONS
A Pre-Sale Building Inspection is undertaken for two distinctly different reasons. Firstly, a home owner could organise a Pre-Sale Building Inspection so they obtain the true condition of their house prior to putting it on the market. By obtaining a Pre-Sale Building Inspection a vendor is often hoping to stem off any possible renegotiation of their house purchase price by not having any defects uncovered should the purchaser of a property organise their own Pre-Purchase Building Inspection.
The second reason in which a homeowner organises a Pre-Sale Building Inspection is whereby the report is to be then presented to a prospective purchaser eliminating the need for the purchaser to organise their own Pre-Purchase Building Inspection.
If you would like IBC Property Inspections to organize your Pre- Sale Inspection, Please inquire via our website( http://www.ibcpropertyinspections.com) or by email: info@ibcpropertyinspections.com
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