An interesting story aired on TVNZ One news tonight regarding home buyers being stung by “hidden” defects in properties. In particular the story focused on plumbing defects that have been in existence for a while and lurk beneath the surface and are largely undetected in your basic pre purchase property inspection report.
That extra couple of hundred dollars spent in order to complete a detailed property inspection report can save you many thousands of dollars in the long term. It is also advisable to ensure that your conveyancing lawyer reviews your sale and purchase agreement prior to you signing the contract.
For more information contact a conveyancing lawyer at Auckland law firm, Quay Law NZ.