With growing numbers of people looking to buy property privately, due diligence is more crucial than ever. Even if you do choose the services of a real estate professional, despite being trained in property transactions and the vagaries of Sale and Purchase Agreements, they won’t necessarily be aware of hidden problems with the dwelling. Make sure that your investment is sound with the expert Building Surveying services of Building Surveying Services (BOP) Ltd in the Bay of Plenty.
It’s important to understand that an agreement becomes a legally binding contract between buyer and seller the moment it is signed. Consult your solicitor first to discuss every condition and pre-purchase requirement that should be met before settlement. It is normal for agreements to be subject to conditions such as finance, sale of another property and a LIM report. However, a Pre-purchase Building Report should also be considered standard procedure. This enables your solicitor to insert appropriate clauses into the Sale and Purchase Agreement to safeguard you in the event of problems with the property. For professional Building Surveying services across the entire Bay of Plenty region, contact Building Surveying Services (BOP) Ltd.