or investment property can be quickly diminished through the discovery of hidden problems that you hadn't noticed during your inspection. This is why it's critically important to always get a pest and building report before you buy even on brand new properties. homebuyers discovered problems with their new homes after moving in. Here is a list of the top 10 problems buyers identified, according to the survey: 2. Poor TV reception 23% 3. Bad mobile-phone coverage 20% 4. Noisy neighbours 19% 5. Cracks in the walls or floors 18% 6. High-speed Internet not available 16% 7. Parking on the street is difficult 10% 8. Rising damp 8% 9. Future developments in the area 8% 10. Insufficient parking onsite 8% or investment, you should always be on the lookout for obvious defects. If you identify any major problems, it might be best to you'll save yourself the cost of a building report and possibly avoid costly and time- consuming rectification work. has a circuit breaker), that's good. If the board is in original condition, it could indicate that the home is due for rewiring. problems with the stumps or bearers. might be shifting. That's not necessarily a deal breaker, but you need to get it checked out. weak, there might be problems with the plumbing. Executive of McGrath Estate Agents. |