When you are purchasing a piece of property, you want to get the best value for your money. The property may look beautiful and pristine on the outside, but what about what you cannot see? You are committing a lot of money to the purchase, and you want to make sure that you are not buying into any unpleasant surprises.
This is why a strata inspection is important. The building inspector goes beyond the exterior and zeros in common areas where there may be a problem. He looks at the property from a structural point of view and make sure that there is no damage. It is during this inspection that hidden problems do turn up, like a termite infestation that caused some damage to the wooden supports.
When damage is discovered in a piece of property that you want to buy, you have a couple of choices. You can withdraw from the deal, or you can have the cost of fixing the damage and eradicating the termites paid for by the seller.
Either way, for the good of the property, these things must be done to stop the termites from causing further damage. The more damage there is, the more costly the repair.
A building inspector can usually provide a strata inspection report a few days after the inspection. The report will have details on where the inspection was done and the results of the inspection. If there are negative issues, this is what you take back to the table for negotiation.
When you are buying a house, it is important that you keep your emotions in check so that you can make decisions with a level head. Go into the purchase with both eyes open, and you will be able to make the best choices.
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