Ive just recieved an verbal building and pest inspection report where i have been told that their is Rising damp. It is an older house (in marrickville). I presume most older homes have this issue? Is this issue something that would stop most investors from buying the home? I was told that if i wanted to do something about it, i should look into getting new drainage which would cost me approx 20k.
Knowing this if i was to put in an offer to this property (has to be unconditional as it is an pre auction offer), would you attach a copy or the building report stating their is rising damp followed by a quote from a plumber setting out the costs of a new drainge then offer x amount (20k) off what the vendors are asking for?
Nika
Knowing this if i was to put in an offer to this property (has to be unconditional as it is an pre auction offer), would you attach a copy or the building report stating their is rising damp followed by a quote from a plumber setting out the costs of a new drainge then offer x amount (20k) off what the vendors are asking for?
Nika