My offer to purchase an established residential property has been accepted yesterday and I understand that the cooling off period here in WA is 5 business days from day of acceptance? which in my case starts tomorrow,; and the property and pest inspection report has to be done within this 5 day period.
What is a cooling off period? Is this when I can withdraw from purchasing without losing my deposit?How can a property inspection and pest inspection report be done within the 5 day period or in less than 5 days?
Can anybody who had some experience hiring some, or know some good ones, recommend me a
1.good building inspector and termite/pest inspector? I understand that the building inspector must be a registered builder or structural engineer.
2. termite pest inspectorHow much is the reasonable cost of a building inspection with report and also of a termit/pest inspection report?
thanks in advance.
propertybee wrote:My offer to purchase an established residential property has been accepted yesterday and I understand that the cooling off period here in WA is 5 business days from day of acceptance? which in my case starts tomorrow,; and the property and pest inspection report has to be done within this 5 day period.
What is a cooling off period? Is this when I can withdraw from purchasing without losing my deposit?How can a property inspection and pest inspection report be done within the 5 day period or in less than 5 days?
Can anybody who had some experience hiring some, or know some good ones, recommend me a
1.good building inspector and termite/pest inspector? I understand that the building inspector must be a registered builder or structural engineer.
2. termite pest inspectorHow much is the reasonable cost of a building inspection with report and also of a termit/pest inspection report?
thanks in advance.
If the form you have signed is the 810 then you are now 'live' – there is no cooling off period in WA.
I am not sure who was advising you on your conditions and what you were signing but good luck getting a pest and building inspection done and reported within 5 days. You will need to be on your bike first thing tomorrow.
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