Is there anything wrong with this way of purchasing property: 1. Make offer 2. If accepted, then sign contract. 3. Quickly do Building & Pest, Strata, Valuation reports. 4. Consult Solicitor. 5. If something is pear shape then cool off. ? The risk of the above is: penalty of cool-off (0.25% off the agreed price) + building & pest inspection fees + strata report fees + valuation report fees. Am I missing anything?