The standard condition in Queensland conveyancing contracts will include a building and pest inspection condition. But what is it exactly and how can it affect involved parties (buyer and seller) in a property contract?
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Get to Know the Inspection Process
When buying or selling a house, the goal is always to get your money’s worth, or more. For this to happen you must first determine the overall condition of the property you’re intending to buy or sell. Undertaking a professional pre-purchase building and pest inspection can help you get a better understanding of the property’s worth, and make sure you don’t end up with a complete dud.
What to consider before buying property in a Brisbane flood zone
It’s been more than a decade since heavy floods ravaged through parts of Brisbane, leaving many of its residents devastated with substantial flood damage to their homes.
In 2011, it was predicted that property prices in the Brisbane flood zones would take a nosedive as a result of the catastrophic event. However, the outlook is a bit different 10 years on — the riverside properties and communities of Brisbane continue to thrive.
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What to Do if Asbestos Is Found in Your Home
If you live in a house built before 1980, there’s a possibility it was constructed with asbestos. Approximately one-third of Australian homes contain asbestos in some form or another. Sounds dangerous, right? But what exactly is this material?
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How to Identify Minor and Major Structural Defects at Your Property
Are you looking to invest in a property? Then a building inspection can help assure you that you’re putting your money in the right place. It will assist you in identifying any major or minor defects in the building, and whether or not it will be worth your while.
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Common Defects Found in Subfloors (and how to fix them)
Is there a soft spot under your carpet? Are your floorboards squeaking a little louder than usual? If you answer is yes, then your subfloor is probably damaged which can be a problem. In some cases, damaged subfloors can be downright dangerous.
In this article we’ll talk about the subfloor area of the house, its common defects, as well how you can check if your subfloor is damaged… even before an inspection takes place.
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Why Perth is the Right Place Right Now
Australia’s busiest property markets at the moment can be found in larger cities, where life is more unrestricted due to successful containment of Covid-19. These markets have an active band of first-home buyers which are highly boosted by government aid and record low-interest rates. The property prices are also rising due to low rental vacancy numbers and an upward surge in rents.
These trends are highly prominent right now in the city of Perth. To understand more, here is an overview of Perth’s residential market post-Covid-19 restrictions, and why so many are moving in on Perth’s housing market.
How Cleaning Your Gutters Can Save You Money
The gutters on a house manage the flow of water from the roof down to the drainage system and away from the property foundation. Though it plays a vital role, the gutter is often overlooked when it comes to cleaning.
If you haven’t been paying enough attention to your gutters, you should know that neglecting them can lead to many problems in the future which all could have been easily avoided by a thorough clean.
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Australian house prices begin to soar again
For the first time in over five months, the Australian property market has recorded a 0.4 per cent price growth with all capital cities experiencing a value increase except Melbourne.
According to the latest CoreLogic home value index presented in October, we can now expect the housing market to begin to soar again following the easing of some boarder restrictions.
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What is a Dilapidation Report and What’s Included?
If major constructions will take place near your home, the integrity of your dwelling might just be at stake. To prevent future conflict, it is important to obtain a dilapidation report before any heavy construction or demolition job commences. This way, you can defend yourself, protect your property, and prevent messy confrontations.
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