30th June, 2016. This one demonstrates the true value of competent independent building and timber pest inspections, by experienced inspectors. The combined building and pest inspector should have identified the existing termite damage, and didn’t, resulting in a substantial claim. The insurers for the building and pest inspector recently settled in a confidential settlement. That settlement (not the value) was reported in the media. The settlement was made after the owners took their plight to A Current Affair. Best advice I can ever give in pre-purchase inspections is that the quality and experience of an inspector is invaluable in protecting the purchasers’ interests. Inspection price isn’t always a guide, but those that work at the lower end of the market have to get through a lot more inspections a day to make a living, increasing the risk of missing things that need to be reported to the purchaser. Copy the link below, and paste into your browser to access the original story on Domain.com.auhttp://www.domain.com.au/news/termite-damaged-house-records-130000-loss-in-two-years-20160629-gpugbj/
