How to ensure you're protected by your building & pest inspection or strata report

What do unexploded bombs, red flags, lemons and dogs have in common?

Michael Ferrier joined us for a no-holds-barred talk about property inspections. What goes into them, what’s wrong with them and why you need them. He reveals some really important issues for property buyers:

Circumstances when strata reports won’t be 100% accurate.
The biggest warning sign to look for in a strata report.
What’s better to buy: new or old?
The biggest major issue in new apartments & who is obliged to fix defects.
When it’s a good idea to get a building & pest inspection on a block of units
Why he lobbied against compulsory building & pest inspections in contracts.
The questions to ask before engaging a building inspector.
The purpose of a building report and the best question to ask the inspector.
The magic number of inspections a building inspector can do a day before the report suffers
What “parking inspector” reports are and why they are dangerous.
The circumstances under which buyers are covered by pre-purchase reports and when they aren’t

Don’t rely on a pre-inspection report until you listen to this episode!

Links

EYEON resources for buyers and sellers:

https://www.eyeon.com.au/resources/

https://www.eyeon.com.au/2018/03/26/commission-based-sales/

See omnystudio.com/listener for privacy information.

Ep 10 - Michael Ferrier | How to ensure you're protected by your building & pest inspection or strata report