Building Masters conducts quality pre-purchase, pest and building inspections throughout Melbourne, the Peninsula and Geelong.
Before buying a property, you want to be 100% sure that you’re making the right decision. Is it safe? Is it structurally sound? Is it free from pests and rodents? Our expert team of property inspectors from Building Masters will assess any Melbourne property with total precision to equip you with the knowledge you need to make the choice that’s right for you. If you want to make sure that a property is worth the asking price, it’s essential to have an experienced eye look everything over to ensure that you’re getting what you pay for. The importance of investigating a property at the pre-purchase stage is vital to determine the true value of a home.
Please, Please, Please – Don’t Go to Auction and Buy a Lemon!
This happens — 50% of the properties we inspect contain numerous and sometimes serious structural defects, much to the shock of our clients. Most of these defects have been deliberately hidden by sneaky vendors who patch-up tell-tale cracks and re-point brickwork in the hopes of fooling one of the many overly eager property buyers willing to throw their money at the first home that catches their eye. This is when disaster strikes. With stars in their eyes, and no Professional Building Inspector to jamb on the brakes, even the most cautious of home buyers can end up in a property-purchasing-pickle.
We see it all too often, particularly in those caught up in the current housing market hysteria.
For example: we get a call from a property buyer who tells us they were successful at an Auction on the weekend, and now want us to inspect the property to let them know its condition — our hearts sink.
This exact scenario happened only a few days ago, and much to our dismay we were tasked with informing our client that the property they had only just purchased had hidden distortion, which would not only require significant underpinning followed by plaster patching, but also brick patching and re-painting inside and out — $200,000 worth of repairs they were totally unaware of. This was a devastating blow for the poor couple since they were now fully stretched after being lumped with the enormous bid they put forward trying to out-compete an entire hoard of hysterical buyers at auction. A sad story indeed, and far too common in this current climate.
You can avoid all this — but you have to keep your head. Victoria will not run out of houses to buy. Rest assured, you will find a house that meets your needs, it will be affordable and it won’t have a huge repair bill. The right house for you is out there. All you need is a well thought out strategy. So, take a deep breath and let us help you prepare your next approach.
Find out how to succeed at your next auction and exactly how to avoid buying a lemon…