Domestic building insurance, previously called ‘builder’s warranty insurance’ is the insurance provided by your builder for works that exceed $16,000 (for both labour and materials) in value. It’s compulsory under relevant building legislation in most states for builders carrying out residential building work. It is your builder’s responsibility to obtain this insurance on your behalf, …
Category: Owner Builder
The A to Z of Building Terms: Part 3
Welcome to part three of our A to Z of building terms. We have chosen a selection of common terms you may come across in the process of buying, building, selling or renovating your home. A KEEPER is the metal latch plate in a door frame into which a doorknob plunger latches. A KING POST …
Should I Buy in a School Zone?
In Australia, the desire to live in a desirable school zone is growing. Competition is strong for schools with reputations for academic excellence and prominent public profiles. Examples of these are well-regarded public secondary schools McKinnon Secondary School, Balwyn High School and Glen Waverley Secondary School. School catchment areas are divided sharply into boundaries which …
Ask These Questions Before You Book an Inspection
Need a building and pest inspection? There are many companies advertising this service in Victoria, however a professional-looking website or business card is no guarantee of a quality service. Doing some research and asking the right questions before you book can save you time and money, and will bring peace of mind knowing you’re booking …
Sell Your Home in Summer
While lockdown and restrictions in Melbourne delayed our spring property selling season, it’s certainly now back in full swing and will extend into summer, as demand among buyers and sellers stays strong. Summers in Victoria can be notoriously dry, hot and exhausting. If you plan to sell your home throughout the warmer months, you may …
Pre-Purchase House Inspections and Owner Builder Defect Reports -Who Needs One and When?
Are you house-hunting? You’re probably already aware that an important step in purchasing a home is doing your due diligence and organising a building and pest inspection from a reputable company, before you make an offer on a property. Perhaps you’ve heard that an owner builder defect report (or a 137B) must be provided by …