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Modern Houses
The Ultimate Guide to Navigating
Australia's Housing Market

What to Ask During an Open for Inspection

When attending an open for inspection, it’s easy to get swept up in the aesthetics of the property. But beyond the freshly painted walls and staged furniture, it’s crucial to dig deeper and ask the right questions. Doing so will give you a clearer picture of the property's true condition and potential costs down the line. Here are essential questions to ask during an open for inspection to ensure you make an informed decision.

" Attending an open for inspection is a critical step in purchasing a property, but it's essential to approach it with the right questions. "
Open for Inspection

1. Why is the property being sold?


This question can offer valuable insights. If the owner is moving for personal reasons like a job relocation or upsizing, they may be more motivated to sell quickly, giving you potential leverage in negotiations. Conversely, if the property has been on the market for a long time or has changed hands frequently, there could be underlying issues that haven't been addressed.


2. How long has the property been on the market?


A property that has lingered on the market may indicate a few things: unrealistic pricing, market conditions, or even issues with the property itself. If it's been listed for a while, the seller might be open to negotiation. However, it's essential to figure out why it hasn’t sold yet. Ask the agent about any feedback from previous inspections or offers.


3. Have there been any recent renovations or repairs?


If there have been recent renovations, it's important to determine the quality of the work and whether it was completed with proper permits and certifications. You’ll also want to know if there are any warranties or guarantees attached to this work. Renovations may look appealing, but if they were done poorly or without approval, it could lead to significant headaches in the future.


4. Are there any major issues with the property?


While the agent is obligated to disclose known problems, it’s essential to ask directly. Issues like structural damage, plumbing, electrical problems, or even pest infestations can drastically affect the value of a home. Be clear about wanting a comprehensive understanding of the property's condition to avoid unpleasant surprises after purchasing.


5. What is included in the sale?


Understanding exactly what is part of the sale is crucial. Items like dishwashers, blinds, light fixtures, or garden sheds may not automatically be included. Clarify this with the agent so there are no misunderstandings. Additionally, ask if the property is being sold with any specific exclusions, such as heritage listings, which might restrict future renovations or developments.


6. What are the current owners' utility costs?


Understanding the ongoing costs of owning the property is vital for budgeting. Ask about water, electricity, and gas bills, especially if the home is large or has energy-hungry features like air conditioning or heating. This can help you estimate your future expenses and decide whether the property will fit within your financial plans.


7. What is the neighbourhood like?


While this information can often be gathered through your own research, it’s worth asking the agent for their perspective on the neighbourhood. Inquire about crime rates, upcoming developments, schools, and local amenities. Remember, you’re not just buying a house; you’re investing in a community.


8. Are there any strata or body corporate fees?


If you’re inspecting a townhouse or an apartment, strata or body corporate fees are likely a factor. These fees contribute to the maintenance of common areas but can also be quite costly. Ask what the fees cover and if there are any pending special levies for upcoming repairs or upgrades to shared spaces like pools, gardens, or lifts.


9. Has the property been affected by flooding or other natural disasters?


Australia is prone to bushfires, floods, and other natural disasters. Knowing the property's history in relation to these events can be crucial in understanding the risks involved. If the property is in a flood or fire-prone area, it can affect your insurance premiums and ongoing safety.


10. What is the competition like?


It’s helpful to gauge the level of interest from other buyers. Is the property seeing multiple offers? How many people have attended inspections? Knowing the competition can help you decide how much you're willing to offer or whether you need to act quickly.


11. What is the sale process and timeline?


Some properties are sold via auction, while others are through private sale. Ask the agent what method they are using and if there is a deadline for submitting offers. This can give you a better idea of how to approach your offer and whether you need to act fast or have some time to consider.


Attending an open for inspection is a critical step in purchasing a property, but it's essential to approach it with the right questions. By digging deeper and gathering all the necessary information, you’ll be better equipped to make an informed decision and avoid any hidden surprises later. Remember, a property may look perfect on the surface, but knowing what lies beneath can save you from future problems.


At Walsh Brown Property, we specialise in helping buyers navigate the complex real estate market with confidence and ease. Reach out today to see how we can assist you in finding your next property! Visit our website or contact us at aly@walshbrownproperty.com.au or 0411771181.


*** Disclaimer: The information provided in this blog is intended for general informational purposes only. While we have made every effort to ensure the accuracy and reliability of the content, it should not be considered as personalised or professional advice. The homebuying process can vary based on individual circumstances, property types, and location-specific regulations.

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