Cover Ups and Deceit – Melbourne Home Buyers Beware

If you’re currently in the market to purchase a home, you’ll no doubt find this story quite interesting, and potentially a little alarming.

The Background

We recently had a situation where we conducted two separate Building and Pest Inspections on the same property.

After completing the inspection on the first occasion, the prospective buyer opted not to proceed with completing the contract of sale as their budget wouldn’t stretch far enough to rectify the defects highlighted in the report.

Approximately eight weeks later, we had a booking from a separate party to inspect the same property. Eight weeks is just enough time to warrant an additional inspection as the condition of the property could have changed.

This is where things became interesting…

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Converting from Halogen to LED lights

While the memories of those initial experiences still persist, there has been considerable improvement over the years. Today you can find high quality LED lamps that closely match the performance standards that you would find in the halogen lamps. You can choose from a vast product line and different types of lamps that come in varying colours, brightness and with varied fittings among other desirable properties. Today’s LED lamps provide a more delightful experience with the added benefit of the energy efficiency and cost savings.

Over the past few years, there has been a lot of innovation in the lighting market. Most of the innovations has focused on developing more powerful LED lamps that are extremely energy efficient. Many homeowners are now transitioning to LED lighting but the tough part is how to make the conversion from halogen based to LED-based lighting in your buildings.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Spotting Faults During an Open House

An open house is an integral part of every house hunt but they can be quite daunting. Not only are they physically exhausting but if you are not keen enough, you may end up overlooking some serious faults that may end up costing you a lot of money should you decide to proceed with the purchase. The average buyer spends 96 minutes looking at the property that they are planning to buy. That may not be enough time to spot all the faults within the property such as the malfunctioning showers, outdated roofing, broken down fixtures or even faulty electrical wiring. Some of these problems can easily be avoided by taking your time to research the property and carrying out assessments during an open house.

It will get a lot harder if you have to tour multiple properties in a day. Keeping track of what you saw where can be a tough prospect. There are issues that you may spot during an open house that may end up costing you a lot more a few years down the line or which may be an indicator to a more serious underlying problem that may not even be easy to fix. Here are some tips on how you can spot the faults during an open house.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

How to Avoid a Dud Property Purchase

Buying a property is an incredibly costly investment. You will probably have to save money for decades or take out a huge bank loan to pay for your investment. Given the high cost and risks involved, it is necessary to carry out a proper due diligence on the property market and the property itself to ensure that you are not making a dud purchase. The property you are buying must be in the best condition before you sign the contract and proceed with the purchase.

Here are some steps and precautions that you can undertake to ensure your property investments are as smooth as possible:

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Units or Houses Which Makes The Best Investment

Property is one of the best asset classes for many Australians looking for investment vehicles. According to the latest ASX Long Term Investment Report, residential property in Australia still yield quite an impressive return on investment and averaged at 8% per annum over a duration of 10 yearss.

Many investors avoid this asset class because it is very costly. To comfortably buy property, you must have saved money for years if not decades and you still have to take a mortgage to afford the property. You will probably pay your mortgage over another two decades.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Why Building Inspections are Even More Important When Purchasing at Auction

Before you head out to an auction for a particular building or buildings, take the time to visit the property and do a comprehensive building and pest inspection. This is also a risky strategy because you are not guaranteed of a win in the auction but it is a good insurance against a potentially dud property purchase.

Buying properties through auctions can be costly affair if you do not have a well-tuned strategy on assessing the condition and value of properties before heading out to auctions. Without good information and insight into the property, you will probably end up paying too much for it. Buying a dud in an auction may unlock a Pandora’s Box of problems that may end up keeping you out of pocket for many years. If you are buying it as an investment property and you are overpaying for it, you are most likely going to lose money over the long run.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Tips to Negotiate The Best Price on your New Home

Negotiating the best price for your home is both an art and science which requires a clear strategy, some market insight as well as some persuasion powers. Without a negotiating prowess and a good strategy, you are most likely going to overpay for your home. Here are some tips on how to negotiate the best prices when you are purchasing home inspections melbourne.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185

Phone (03) 8657 0007

Email: support@inspecteast.com.au

website: https://www.inspecteast.com.au

google maps: https://goo.gl/DxkgiY

How to Cope with Buying Stress

There are so many choices that are available in the market as well as various features that you need to factor in to get the right home for your needs that will suit your budget. Not to forget the amount of paperwork that you have to handle and the tedious work that goes into preparing the paperwork.

However, with the right approach on your part, you can get this process right without losing your sanity. Here are some useful tips on how you can stay focused during the house inspections melbourne and get the keys to your dream home with a complete peace of mind.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Maintaining Your Home

Buying a home or building a new home is a huge step for a first-time buyer. To ensure that your home remains in tip-top shape and that it does not shed some of its value, you have to have a regular home maintenance regimen that will keep the home looking good while maintaining its structural integrity as well as the condition of the various surfaces in the home.

Here are some useful tips in home inspection process for the best condition and save some money over the long term.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

The Rights of Tenants

Renters face a lot of pressure in an increasingly costly property market where many are getting priced out. Knowing your rights is a step in the right direction to ensuring you have a smooth and pain-free stay in your new premises. Here is a look at some of the basic rights and responsibilities that you have as a tenant in Australia.

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Inspect East 117/283 Glen Huntly Rd Elsternwick VIC 3185 Phone (03) 8657 0007 Email: support@inspecteast.com.au website: https://www.inspecteast.com.au google maps: https://goo.gl/DxkgiY

Buyer Beware Flippers Looking for Properties to Turn a Quick Buck

The business is partly driven by the current market activity. The Australian real estate market is in a kind of mini-boom so flippers can buy more properties with confidence and move them quickly to recoup their investments.

House flipping is also lucrative because current investors do not have to compete with upcoming construction projects as was the case a decade ago. What is being sold are mainly pre-existing properties and that creates some good activity in the market.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Common Mistakes Made when Renovating Your Home

Professional home renovations bring out the “hidden value” in your property. It is an opportunity to re-imagine your home design and function and bring out the best in it based on your current tastes and preferences. Yet home renovations can go awry and in the process, waste a lot of your money.


Bad renovations are not just a financial waste; they are also unsightly and may lower the value of your property. It is therefore important to watch out on some of the common home renovation mistakes that are likely to ruin your reno projects.

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Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Why Saving for Your First Property is So Difficult

If you are grappling with pressing current expenses, future plans and priorities such as college or real estate investment will quickly stop being priorities. They will simply be unachievable goals. It is called the psychology of scarcity. Once you are in the grip of it, you are practically helpless when it comes to prudent financial management. You will be living for the moment and surrendering your affairs to “fate”. And fate may not be so forgiving.

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Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

What are the Best Areas to Look for Properties for Capital Gain?

If you are scoping out real estate for capital gains, you have to look at various aspects of the location or target market. Is it a “dying” neighborhood or one that is undergoing a great deal of commercial or industrial rejuvenation and where significant wealth is likely to be created in the coming decades?

Some of the best areas to purchase property for capital gains include the following.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

New Trends in Gardens and Outdoor Living

Create a Little Luxury in Your Backyard

You can bring out the luxury in your backyard with beautifully designed landscaping and gardening. There are thousands of gardening ideas that you can work with but you will have to factor in things such as the choice of plants, the design and other attractive features. You can create a rose garden or add some clematis among other plants.

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Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

Watch Outs When Renovating Your Kitchen

Kitchen renovation or remodeling is generally a critical but massive home improvement project. It will change the look and feel of your kitchen and sink lots of cash. It is an essential renovation if you are planning to sell your house because the eyes of many home-buyers are generally trained on the kitchen and the bathroom. If they are impressed by what they see, it is like to factor a lot into their decision on whether to purchase the property.

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Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

How Baby Boomers Affect the Melbourne Property Market

There are numerous instances where the reserve prices of top end Melbourne real estate are tending towards $1 million due to the impact of aspirational Baby Boomer buyers who are shopping for an ideal and luxurious living environment. Baby Boomers are not just buying properties for the sake of it; they are looking for the convenient living spaces that they have always aspired for and now they are able to afford.

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Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY

What is Thermal Imaging?

Thermal imaging is as close as you can get to “seeing through walls” and it is therefore deployed in numerous applications such as security surveillance systems to detect or track intruders, firefighting, search and rescue operations, maritime navigation applications, gas detection, equipment preventive maintenance, termite or pest detection, electrical troubleshooting, leak detection, building maintenance and numerous other uses. Thermal imaging techniques find wide applications in diagnostic work in all kinds of industries.

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Inspect East

117/283 Glen Huntly Rd Elsternwick VIC 3185

Phone (03) 8657 0007

Email: support@inspecteast.com.au

website: https://www.inspecteast.com.au

google maps: https://goo.gl/DxkgiY

Dilapidation Survey – What it is and How it Affects the Buyer and Seller of a Property

A dilapidation survey is a prudent step that you should go for if your premises are close to a small scale or large scale commercial construction project that will involve various construction-related activities such as demolition work, road works, pile driving or subdivisions. It is the best tool to protect your investment and avoid future disagreement over damages to your property due to construction works nearby.

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Inspect East
117/283 Glen Huntly Rd Elsternwick VIC 3185
Phone (03) 8657 0007
Email: support@inspecteast.com.au
website: https://www.inspecteast.com.au
google maps: https://goo.gl/DxkgiY