can we get a copy of the pest and building report? and xmas time buying

Hi there

We are currently negotiating on a property and are pretty close , the agent said the vendors got a recent pest and building report done and only have to fix a few minor things (the house is 16 yrs old). Are we able to ask for a copy of this report?

Is now a good time to try and obtain the offer considering between xmas and new year everything closes and it will be hard to do the five day cooling off period(qld) if our solicitor is closed.

Should we wait and continue the negotiation process in early January.

What are your thoghts on this

thanks for your replies

Jo:)
 
If the report is actually pretty good, they should be pretty happy to hand it over to try to try to justify the price they are asking.

Obviously they are under no obligation to pass the report onto you, but if they won't give it to you, then they can't expect you to believe the claims they are making.

If you want to buy the property, there should be less competition over the Christmas period, however it depends on the vendor's plans and priorities as to whether they will be more negotiable. If you come across as too keen (when they aren't expecting much interest), there is a risk of reducing your power in the negotiation.
 
Personally I wouldn't be happy relying on a B&P that the agent was willing to handed over. Who says they didn't get half a dozen done and provide the best one?

Regards,

Jason
 
Hi there

We are currently negotiating on a property and are pretty close , the agent said the vendors got a recent pest and building report done and only have to fix a few minor things (the house is 16 yrs old). Are we able to ask for a copy of this report?

Is now a good time to try and obtain the offer considering between xmas and new year everything closes and it will be hard to do the five day cooling off period(qld) if our solicitor is closed.

Should we wait and continue the negotiation process in early January.

What are your thoghts on this

thanks for your replies

Jo:)

Sure you can ask for a copy of the B & P. You can ask for anything. But it is their report and they can refuse. It is also a good idea to get your own report done as you do not know what they instructed the builder for their report - don't look at xxx etc.

Now is a good time to negotiate I think. Not many buyers looking. Just factor in the delays due to the holidays. Check when your solicitors will be open too.
 
Yesterday was busiest day of year for settlements as most places close till 6 January. To give you some idea of volume one of the big 4 banks did 711 settlements in Brisbane CBD yesterday.

We have a skeleton staff on doing settlements but a lot dont so it can be difficult to settle.

Lots of contracts start flowing in again from 2 January but I think next week might gave less competition.
 
thankyou for all your replies to this question and we most definately will get our own P&B report done but will ask to also see a copy of their report if possible.

cheers Jo:)
 
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