Pre purchase inspection, your investment is at risk!

Buying a property is risky investment and you can get caught out and it could cost you plenty and give you a lot of headache.

My client, a young man invested in a unit but did not get a pre settlement inspection. Soon after timber floors failed and the builder/developer does not want to know about it. Here is what happened:

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I was engaged to do a VCAT report together with estimated cost to fix the defects.

My client has problem with the tenants because of the failed floors and now is looking at substantial costs in prosecuting his claim, some of which if not all will not be recoverable.

This matter is yet to be heard but could have been easily avoided. If there was a competent pre settlement inspection it would have identified construction faults that have caused floor to fail.

The best problems are the ones avoided altogether.

This entry was posted in Building Disputes- Expert Witness, New Home Inspections, Pre-Purchase Inspections. Bookmark the permalink.

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