I'm in the process of purchasing a property which is still within the timeframe where I can rescind the contract due to an unsatisfactory building/pest inspection. Just need some advice about whether the issues found might be enough to warrant not going through with it.
Property was advertised as fully renovated, which I could see from the photos that it wasn't but it was very neat. I suspect the photos are less than recent. Building inspection came back with a lot of minor maintenance issues and some "major", mainly to do with the front and rear wooden stairs (it's a highset 40-50 yr old house).
I'm not a builder, so not sure of costs/seriousness of some of these:
Treads - woodrot to joins/ends, some loose, fall hazard
Handrails - missing, fall hazard
Fixings - many rusted/missing
Decking timbers - some boards only span 2 joists.
Also two ceiling fans and a hot water tap don't work.
I've asked for a $2000 reduction (just under 1%) or just the fans/tap/handrails to be fixed before settlement. The rest I'll wear - unless someone here warns me I'm up for huge sums and should terminate immediately!
At this stage, if they don't agree, I'm terminating.
Cheers for any help on this.
Property was advertised as fully renovated, which I could see from the photos that it wasn't but it was very neat. I suspect the photos are less than recent. Building inspection came back with a lot of minor maintenance issues and some "major", mainly to do with the front and rear wooden stairs (it's a highset 40-50 yr old house).
I'm not a builder, so not sure of costs/seriousness of some of these:
Treads - woodrot to joins/ends, some loose, fall hazard
Handrails - missing, fall hazard
Fixings - many rusted/missing
Decking timbers - some boards only span 2 joists.
Also two ceiling fans and a hot water tap don't work.
I've asked for a $2000 reduction (just under 1%) or just the fans/tap/handrails to be fixed before settlement. The rest I'll wear - unless someone here warns me I'm up for huge sums and should terminate immediately!
At this stage, if they don't agree, I'm terminating.
Cheers for any help on this.