Property Access during cooling off

[seano87]

Hi all,

Just a quick one. If I chose to get my building and pest done during the cooling off period rather than have a condition in the contract, do I have the right to get the inspection done any reasonable time during this period?

Can they refuse to let the B&P be conducted until 3 days later?

Thanks

Sean

 

[RPI]

Hi Seano

But if you don't have it conditioned and you pull out won't you be up for the cooling off period fee?

 

[andrew_de_a]

The owner doesn't have to allow access during cooling off. In fact I would be pretty peed off if someone bought unconditionally and then tried to get a building insp done during the cooling off.

Best to offer subject to....

 

[seano87]

Ok,
Thanks for that, I'll put in the B&P inspection clause, I just wanted to make the offer more appealing, but if the B&P fails, I'll have paid $600 for that, and another $900 for pulling out during the cooling off.

Thanks

 

[thepeoplesagent]

Mr Burns,
In NSW, the point of a cooling off period is to give the buyer time to get their pest/building reports and valuation done. Maybe you should move here?

I’ve never had a vendor refuse access, I guess that’s because they want to sell. Or maybe I just have lovely vendors?

 

[andrew_de_a]

It's completely different in Vic

 

[RPI]

Same in QLD we exchange at Offer stage and contract is conditional.

 

[Rolf Latham]

Mr Burns,
In NSW, the point of a cooling off period is to give the buyer time to get their pest/building reports and valuation done. Maybe you should move here?

IN 5 working days

NSW its the lamest set up in Oz @the front end for the buyer, especially where many vendors and agents insist on a 66 W( uncon sale with no cool off)

ta
rolf