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Ep 10 - Michael Ferrier | How to ensure you're protected by your building & pest inspection or strata report
Episode 10
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.
Published on 7 years, 5 months ago