First Home buyer Tasmania

Buying a house in Tasmania, 5 things that could save you a lot of stress.

 

    1. Make sure the inspection clause is in the contract with at least 10 working days to act upon. 
    2. Get a building inspection from a fully licensed and insured building inspector. Google him and check reviews.
    3. Keep the defect limit a low as possible, up until May 2017 it was 1%  but now it can be as low as 1% or greater or a price ( eg. 1% of $50000 =$5000).  Keep it under $10000 if possible .
    4. Add the 3 day cooling off period to the contract and try to coordinate a building inspection within that time frame. 
    5. Organise an insurance cover note on the day you sign the contract until settlement then take out house and  contents on the day of settlement.

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