this post was submitted on 20 Feb 2024
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AusFinance

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Hi Guys, I bought a 1977 built house which was last sold for $390k in 2019 and I paid $650k. After moving in we found the cabinet drawers were broken and the house had plumbing issues which will cost up to $2k to fix. Surely I am not the only one who had these issues. Anyone else want to share their story ?

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[–] [email protected] 2 points 10 months ago

We just moved into our first house this month, a 1960s asbestos ridden place for 727k. The conveyancer noticed a missing piece of documentation in the section 32 which meant it could be nullified by us right up to settlement if we wanted, which was nice to have in the back pocket.

I wasn't aware that there's no legal obligation for the seller to leave the property clean upon sale, so there was a bit of muck to remove.

Otherwise the building inspector did a good job, so we knew what to expect when going in. No hidden surprises yet.