Due Diligence for Home Buyers
Literal meaning of Due diligence is doing a comprehensive appraisal of any buying task undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its potential.
It is utmost important to do your due diligenc...
Read moreDo you think that property you are looking to buy has asbestos?
If the house you are looking to buy was built or renovated before 1990, it is likely that it will contain some form of asbestos-containing materials.
Did you know that approximately one-third of homes built in Australia contain asbestos products?
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Read moreWHAT’S THE MOST COMMON BUILDING INSPECTIONS SIGNIFICANT DEFECT?
Over the past two years, the most common Significant defect found, is the damp shower. Modern showers are aesthetically pleasing and appear to be installed to the highest standard. However, countless showers have been found this year to have damp cor...
Read moreThe first signs that a home could have rotten or sinking stumps
If you are buying your dream home or investment property, it should be remembered that if the property is showing signs of stump damage, it is important to get a professional building consultant to have a look at your property. A house may appear q...
Read moreThe Case For More Home Inspections
Building surveyors are calling on Victoria’s state government to mandate balcony inspections. This follows the tragic balcony collapse in Doncaster East in late 2017. Sadly, two people died and many others were injured, according to The Age.
In ...
Read morePassing Your Next Rental Inspection With Mould-Busting Professionals
What’s one thing landlords despise? If you guessed mould, you’re right.
“The obvious things we look for are mould in the bathrooms/cupboards/bedrooms,” says one expert in the field. “This is usually an indication that the tenant isn’t ...
Read moreWhat's Depreciation?
New to the property investment game and struggling with the lingo? You’re not alone. Below is one definition posted by news.com.au to build your real-estate knowledge.
What’s depreciation?
> Depreciation
Often investors can claim a po...
Read moreProperty Depreciation - Some Questions
Q: What’s property depreciation all about?
A: In a nutshell, depreciation is a tax deduction when your property’s value declines. The result: Less tax, more money in your pocket.
Q: Where can I find professional help?
A: Jim’s Buildi...
Read moreWhat Victoria’s New Tenancy Laws Mean For Landlords
Victoria’s new tenancy laws mean that landlords need to pay extra attention to basic standards, especially relating to health and safety. These include (but are not limited to) providing functioning heaters, stoves and even deadlocks. Furthermore, ...
Read moreConcrete stumps are not immune to decay under extreme conditions.
Many elevated properties sit on some type of stump support whether it be timber , steel , masonry or concrete . Whist most people would consider concrete stumps to be maintenance free , this is far from the truth .
Recently one of our Building Inspe...
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