At the risk of sounding like a broken record, Building & Pest reports are what I would consider the most common, and almost mandatory cost when buying a house. These reports look at the building (structural soundness) and pest – to check you aren’t flatting with termites or white ants. If you haven’t already done a Building & Pest report, now is your last chance.
Termites are surprisingly common in Brisbane homes.
What happens if I get a bad building & pest report?
Not to worry, just let your solicitor know there is an issue with the building & pest report and they can terminate your contract.
Provided you had signed the contract subject to a building & pest report you will get a full refund of your deposit.