Investing in Property | Secure Your Investment

1. Investing in Property | Secure Your Investment The decision by the Reserve Bank of Australia to lower interest rates to an historic low, is welcome news for the Australian economy at large, and an especially good sign for the property industry. Favourable capital gains tax rates and ongoing negative gearing tax benefits translate to favourable conditions to invest in property. The most recent Federal Budget interestingly included over $33 billion infrastructure funding for Australia’s cities. So, there a lot of encouraging pointers towards considering buying now for those potential investors that are currently in two minds. If you choose to invest in property and buy property in Adelaide, South Australia then you will need to be certain that your investment is secure by booking a pre-purchase inspection prior to signing a contract of sale. With either a new build or existing dwelling a pre-purchase inspection clearly defines the condition of a property prior to it changing hands. A pre-purchase inspection by an accredited building inspector will inform both the seller and potential buyer of any structural issues that need to be addressed before the sale is completed. A quality report, set out in an easy to understand format, will explain the current conditions of a property offered for sale, providing a level of protection for both parties. For those seeking an investment property you want to minimise risk and expensive maintenance costs and a professional inspection serves to minimise that risk and future cost to the vendor. A report should provide documentation as to the structural quality

2. and current state of a building so you as the vendor can proceed with the purchase with confidence. In accordance with Australian Standards, your pre-purchase inspection will cover the following items: Stairs, patios, balconies Cabinets Gutters, downpipes, drains, water pressure and hammer Walls Windows, window frames Floors and sub-floors Doors and door frames Roofing, both internal and external – checks for damage, leaks, structural integrity Fencing Safety switches and smoke alarms. Pre-purchase inspections include an assessment of all structural and property areas and can be scheduled within 24 hours of contacting your registered building inspector. Building Inspections Adelaide are ready and waiting to help you take advantage of an economy that favours property investment with confidence. Book onlineyour pre- purchase inspection today so you can buy, sell or invest with assurance. Tags: http://www.adelaide-buildinginspections.com.au/#!p