What is Caveat Emptor?
Increasingly property buyers are aware of their responsibility to discover building defects before sale – this is known as the Latin principle Caveat Emptor or ‘buyer beware’.
The full quotation is ‘caveat emptor, qui ignorare no...
Read moreTiming of a building inspection
THE TIMING OF A BUILDING INSPECTION MOSTLY DEPENDS ON THE METHOD OF SALE.
As the findings of a building inspection report may prompt you to withdraw an offer, you should always ensure that you are correctly informed of your rights and options. This ...
Read moreWhat Does Jim Know About Building Inspections Anyway?
ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED!
We recently discovered that Jim Penman’s dad was a forensic engineer.
From an early age Jim’s father was investigating materials, structures and their components which failed o...
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?
...
Read moreJim's Building Inspections hits 100 Franchisees!
Jim's Building Inspections is pleased to announce that September 2017 saw its 100th Franchisee sign on to Jim's Building Inspections, officially launching the division as one of the biggest building inspection companies in Australia.
Director Paul...
Read moreThe Pitfalls Of Property Investment
The pitfalls of property investment are many.
Andrew Heaton from Sourceable advances the argument that it’s important to get a quality survey. While a retail store is often happy to return a $10 item of clothing, it’s far more complex with rea...
Read moreIs Your Smoke Alarm Up To Scratch
Fires can spread rapidly (in less than five minutes) through your house, according to findings from a Fire & Rescue NSW report. Interesting also is that homeowners are encouraged to look at how many fire alarms in their house to cover all potenti...
Read moreThe D-Word: Time To Talk Depreciation
Sad fact: Many Australian rental property owners are failing to correctly calculate depreciation.
“I have often seen clients who have owned investment properties for five, six or seven years and have never claimed any form of depreciation becaus...
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 moreHow Jim's Building Inspections Became Australia's Number One Choice
Jim’s Building Inspections has grown to become Australia’s largest building inspection business in just three years.
How did we do that?
It was actually pretty easy, which is probably a damning commentary on the state of the industry!
The ...
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