What is a Building Inspection?
The Building Inspection Annexure. When Buying a Property!
Have you contracted to buy a property recently? It’s important you ask your real estate agent to include this important annexure.
You have inspected a property and are thinking of making an offer. You are not too sure what the structural soundness of the property is like. You need to ask your agent to include a property structural soundness annexure with the offer and acceptance.
Two (2) Types of Reports
Ensure that you have read and fully understand what the terms and conditions. There are generally 2 types of reports you can undertake with the building inspection contractor. The first is simply the structural soundness of the property and the second is finding out the structural soundness of the property plus any maintenance items that require attending to by you. (Not the owner) post settlement. This report will cost you a little more, but essential if you want to be across which item requires attention.
Hopefully you have found this information of use. If you require any more information re selecting settlement agents, feel free to give us a call at Lay2 Real Estate, Bayswater, Perth, Western Australia on 08 9371 1000 or visit www.lay2.com.au.
Contact via the web: https://www.lay2.com.au/contact/
Do I Need A Termite Inspection?
The Termite Inspection When Buying a Property!
Have you contracted to buy a property recently? it’s important you ask your real estate agent to include this important annexure!
Hello, thanks for taking the time to read this important information when contracting a property. In Perth, Western Australia termites are common they can come to your property from a long distance and park themselves underground, out of sight until they start to potentially cause damage.
You need to ensure you include a termite inspection as an annexure on the contract of sale when writing an offer up on the property you are thinking of buying.
Ensure you comprehensively read the annexure and fully understand what you are paying the contractor to undertake in terms of the contract. This is important especially if you the property has had previous existing termite damage, which in most cases is hidden and can be a very expensive exercise to remedy.
If you require any more information around selecting a pest controller, feel free to give us a call at Lay2 Real Estate, Bayswater, Perth, Western Australia on 08 9371 1000 or visit www.lay2.com.au. Web Contact form: https://www.lay2.com.au/contact
Other Real Estate Related Questions
Other Real Estate Related FAQ'S
CONTACT LAY2 with your real estate questions
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There are many questions when it comes to real estate. You may be looking to buy or sell a property? You may be an owner looking to rent out your property? Or looking to rent a property your self. You could be a number of these al at the same time.
In any case if you find your self with a question related to real estate contact the team at Lay2 Real Estate – Bayswater WA and we will be more than happy to answer your question as best as possible.
Contact via telephone during office hours on 08 9371 1000 or fill in the web contact form and send in your question/s that way. https://www.lay2.com.au/contact
SOme FAQ's in Real Estate
How do I select a settlement agent when buying a home?
What is Settlement / When is Settlement?
What is the process and planning when selling my home?
What is subject to sale in real estate?
Why do I need a gas electrical & plumbing clause when buying a home?
What methods of selling my home are there?
What are my banking options in Bayswater?
REAL ESTATE FAQ's
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When you Sell YOur Property
ATO Capital Gains Withholding Clearance Certificate.
When you receive an offer on your property (or prior) you will need to
produce an ATO Capital Gains Withholding Clearance Certificate.
Click here to go the the ATO web page.
Electrical Safety Certificate / Smoke Alarms
You’ll also need an electrical safety certificate and smoke alarm clearance. See details and links below.
Copies of these documents will need to be supplied to your settlement agent.
ATO Clearance Letter –
When Selling Your Property
Capital gains withholding clearance certificate application online form instructions – for Australian residents – click here
RCD’s and Smoke Alarms
(RCD = residual current device).
Engage a qualified electrician to do make sure your are RCDs and smoke alarm/s are compliant. The electrician will issue your with an electrical safety certificate. Send a copy of this to your agent and settlement agent.
Electrical Safety Certificate
RCD requirements for sale, rent and hire properties. Click Here.
Smoke Alarms
Smoke alarms and RCDs – Click here.