Safeguard your investment: The benefits of getting a property inspection

By the resi financial blog team, 29 January 2014

Get a property inspection before buying

There are a number of things that should be taken care of when looking into purchasing property. Regardless of whether you're looking into purchasing an investment property or your own home, getting a professional property inspection is a great idea.

After all, you wouldn't purchase a new car without having it checked out by a mechanic, or at least taking it for a test drive. So it would make sense to take similar precautions when looking into purchasing arguably the biggest asset of your entire life.

The last thing you want is to commit to your dream home only to find a major structural issue or infestation of pests after you've moved into the property. This is where an inspection can help you avoid these pitfalls.

These professionals will take a look at a wide variety of different aspects of a property. Both the interior and exterior will be scrutinised in order to highlight any glaring defects with the home or to point out any potential problems in the future.

Bathroom fixtures, hot water tanks, roof material and the strength of the walls are just some of the aspects an inspector will look into for any signs of weakness or defection.

Nothing is worse than spending a large sum of money on securing a property only to fork out for expensive repairs for structural problems or pest control services that could have been avoided and taken care of by the previous owners before the purchase.

Home inspectors will compile a report after finishing their inspection, which you can use to help make the most informed decision possible. When it comes to purchasing your first home or adding another link to your property portfolio, it's best to be as thorough as possible when selecting the property.

Categories: Home Loans, Property Investment