Let the games begin..

tgarthe · 17th Nov, 2010

Ok. So came to a deal this afternoon, signing contract tomorrow. So all good up to this point.

Now here comes the kicker. 30 minutes ago, another agent I have been dealing with rang and said he heard the property 'failed' the building inspection, hence why the last contract fell through.

Questions:

1. Should I approach the agent re: this tomorrow before I pay my deposit? Could just say I heard it on the grapevine and see what his response is?

2. Should I just proceed anyway? As an aside, it is a GJ Gardner house, only 4 years old. Would I have any recourse to get any issues fixed under building warranty?

Just when I thought everything was apples

Ta

mary&mat · 17th Nov, 2010

Hi tgarthe,

Have you had a building & pest inspection done yet?

Regards,
M&M

tgarthe · 17th Nov, 2010

Inspection hopefully tomorrow.

Issue is, I don't want to front up $1k for a deposit when I can establish the house is no good. Maybe I try and get it first done before I part with my cash?

Lil Skater · 17th Nov, 2010

Don't listen to the other agent, they probably want you to pull out and purchase a property they're having trouble selling.

Did you put building and pest in your contract?

If not, you should arrange your own as they're always good just in case.

Ed Barton · 17th Nov, 2010

tgarthe said:
Ok. So came to a deal this afternoon, signing contract tomorrow. So all good up to this point.

Now here comes the kicker. 30 minutes ago, another agent I have been dealing with rang and said he heard the property 'failed' the building inspection, hence why the last contract fell through.

Questions:

1. Should I approach the agent re: this tomorrow before I pay my deposit? Could just say I heard it on the grapevine and see what his response is?

2. Should I just proceed anyway? As an aside, it is a GJ Gardner house, only 4 years old. Would I have any recourse to get any issues fixed under building warranty?

Just when I thought everything was apples

Ta

do the deal tomorrow with a building clause to your satisfaction. alert the building inspector to the concerns. tell the selling agent about what the other agent said. let them know the grapevine is working.

tgarthe · 17th Nov, 2010

Cheers all. Building clause in the contract, so no dramas there.

Will have to report back with findings tomorrow!

tom32 · 17th Nov, 2010

Building regs different in every state.

Most states; at least Vic, QLD and NSW, have regulation that automatically transfers the structural stat warrantee over to you irrespective of whether you have a clause in your sales contract that assigns this warrantee to you. I know this is not the case in Tassie not 100% on other states...

For those in commercial this is not the case; if you don't get the warrantee transferred you have absolutely no warrantee from the builder whether he gave one to the previous owner or not.

tgarthe · 18th Nov, 2010

So turns out my source was correct. Am awaiting the engineer's report before I go any further. Will post up the details for more knowledgeable people to comment on.

edit: vendor has conducted engineer's report at own expense. Not looking good though :-(

Let the games begin..

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