A Building Inspection Prior to Auction

 The building inspection before auction is a pre-bid inspection. Prior to the auction it is inspected by the county attorney, and any major issues are noted. This is the only way that the seller can know what the issue will be prior to the day of the auction. Any issue that is discovered during this process will be documented in the sales contract as well as a condition report (sometimes known as a Condition Study Report - C.S.R.) and typically marked up to the public.

The pre-bid inspection is designed to allow the seller time to make any repairs prior to the start of bidding. This also allows the seller to have any required inspections done prior to the bid. If there are any issues with the home that can't be repaired prior to the auction, the seller must give a compelling reason as to why this issue cannot be corrected before the close of escrow. The seller may also enter into a satisfactory guarantee with the inspector to assure that the warranty will continue after the close of escrow.


If you decide to use an inspection prior to auction service, I would suggest you use the same service that you would use for any other real estate inspection prior to the purchase. In most states the inspector is a licensed broker who will be familiar with the systems of state and local government agencies. I would also suggest you choose an inspection service that has been in business for at least five years. Make sure they have the proper experience to properly inspect and repair homes. You want someone who is going to look at your home with the same eyes as a buyer and not someone who is looking for a quick buck. To ensure a quality inspection prior to the auction you should choose an experienced and respected firm.

Visit us on https://beztbuildingandpestinspections.com.au/








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