Never Bid on a House Without Doing This First!

Are you thinking about skipping a building and pest inspection to save a few hundred dollars in today's tight property market? In this video, we dive into why cutting corners on this crucial step could cost you tens of thousands of dollars in unexpected repairs on what is likely the biggest purchase of your lifetime. Arranging a pre-purchase building and pest inspection can help you buy with confidence 🔎 RACV + Rapid Building Inspections 0:00 – Coming Up (Teaser) 0:31 – The Risk of Skipping a Property Inspection 0:51 – Small Cost vs. Your Biggest Lifetime Investment 1:34 – How to Use a Defect Report to Negotiate 2:05 – When is the Best Time to Get a Building Inspection? 3:54 – Termites & Drainage: A Real-Life Warning Story 5:59 – The Benefit of a Registered Builder Relationship 6:46 – Crucial Timing: Private Sale vs. Auction Rules 7:50 – How to Avoid a $40,000 Post-Auction Surprise Host Nic Dowse sits down with registered builders and inspectors Ron Smulders from Victoria and Adrian Di Lizio from Queensland to uncover the massive hidden benefits of getting a professional property inspection. From identifying hidden structural defects, drainage issues, and termite damage to understanding the true personality and condition of a house, they explain how a thorough report gives you the ultimate peace of mind and allows you to make a fully informed choice before signing a contract. You will learn exactly how a building and pest report serves as your ultimate leverage tool, allowing you to negotiate a lower price or allocate funds toward necessary rectifications without having to miss out on your dream location or school zones. The experts break down the critical timing differences between buying via a private sale – where offers are usually submitted subject to a seven to ten-day building and pest clause – and buying at an auction, where having the report done beforehand is vital to keeping your budget in check before everyone gets emotional and excited on bidding day. Adrian even shares a real-life story of a buyer who pulled out of three consecutive contracts due to severe hidden defects before safely securing the right home on his fourth attempt, proving that while almost everything is fixable, you need to know where to draw your line in the sand. Whether you are a younger couple buying on a strict budget who needs advice from a licensed builder, or a seasoned buyer trying to avoid a forty-thousand-dollar surprise after the auction hammer falls, this expert discussion will completely change the way you look at property. Watch the full video: https://youtu.be/p0c1ABJ6aOs?si Read more: https://www.racv.com.au/royalauto/property/buying/what-are-the-benefits-of-a-property-inspection.html RACV Members save on fast, quality building and pest inspections 🔎 RACV + Rapid Building Inspections For more information: 🔎 https://www.racv.com.au 📱 Call us on 13 72 28 for general enquiries Subscribe to our newsletter: 📩 https://www.racv.com.au/royalauto/subscribe.html Follow us: https://www.youtube.com/racvofficial https://www.facebook.com/racv https://www.instagram.com/racvofficial https://www.linkedin.com/company/racv #racv #racvnewsandlifestyle #buyingahome #buildinginspection #buildingandpestinspection #inspection #house #home #buying #selling #property #termites #termiteinspection #pestinspection #redflags #repairs #renovations #checklist #howto #housecheck #homecheck #rapidbuildinginspections