After practising in property law for many years one of the biggest surprises we come across on a weekly basis is buyers of property that do not undertake a thorough inspection of the property before signing the contract of sale. This is usually because buyers concentrate on the bigger ticket aspects such as the number of bedrooms and bathrooms or the layout of the house or even wanting to save money.
A common anecdote is that a person will buy a $10,000 car and before buying it, will test drive it, check everything works from the indicators to the windscreen wipers or have it inspected by a motoring body such NRMA. However, when buying a house, despite it costing many multiples of a car, people will be lax in carrying out a thorough inspection.
A thorough inspection prior to signing the contract of sale will ensure that the buyer is fully aware of any defects in the building and will allow a buyer to negotiate with the seller to fix any aspects that they are not satisfied with prior to settlement.
Solicitors Parramatta and Conveyancing Parramatta specialise in conveyancing and can offer prompt, and cost effective legal services in all areas of property law.