With the extraordinary pricing of homes in the Sydney region many Sydney investors are turning their sights on affordable Brisbane homes.
The problem is many are paying hundreds of thousands of dollars for houses they haven’t even seen in person, in suburbs they are unfamiliar with.
A Logan real estate agent said of every 10 sales, 5 are investors and 2 wouldn’t have even seen the home.
As many as 70 percent of Sydney investors have been using listing photographs as their only guide when buying Brisbane properties.
One real estate agent even had to devalue a home by more than $7,000 after an investing buyer complained about cracks that weren’t shown in the photographs.
New buyers can easily find themselves buying a home they can’t rent out and can’t afford to repair.
It’s well worth the money to pay for an impartial inspection and property report, so you really know what you’re buying.
If you’re buying interstate our inspectors can liaise with the real estate agent to do an inspection and email you the results, so you have a first-hand report from a professional who has inspected the property.
Don’t gamble with your investment. Book a building and pest inspection online today.