What Home Buyers need to look out for with Termites

Buying a home should be a happy and pleasant experience for you and your family. Making sure you have a qualified building and inspection specialist is also a good idea, so they can produce a clear and thorough report that is easy for you to understand. 

There are four key points each home buyer needs to look out for when buying a home:

 

 

Agents usually only get paid a commissions which is only paid once they have sold a house. Agents will then usually refer you to a building and pest inspection company which you can find on the internet or they may have a preferred company. 

 

 

Companies that declare their income to be less than $300,000 per annum do not need to meet the BSA requirements. These companies can also seek exemption from having Professional Indemnity Insurance on the grounds of financial hardship. This is critical for you as there will be no insurance in the event that a serious issues/defect has not been identified by the inspector and shown within the report. If something like this was to happen it could potentially cost you hundreds of dollars.

 

 

When a building inspection company is engaged their reports are not a guarantee or warranty for the property. The building inspection is an appraisal of the properties condition on the day. Make sure when you are engaging a building inspection company that they have professional indemnity insurance for your protection. 

 

 

Your building and pest report needs to be comprehensive and easy to understand. If there are any signs of termites in your home you are about to buy you need to know this. Make sure the report identifies any damage to the structural elements of the property, conditions that may lead to any structural damage, defects both internal and external and any incomplete construction. 

 

If you require a termite or pest control contact the team at AMAC today. 

Find out about more about Queensland Storms, Humidity and Termites.