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When it comes to buying property, many people think due diligence is just checking if the house looks nice or if the price feels right. But the reality is, it runs way deeper than that. In this episode, we take you through our 109-point due diligence checklist—yes, 109 points—and share what really goes into properly evaluating a property.
We dig into why so many buyers, and even some buyers’ agents, miss crucial details that can lead to expensive regrets. From spotting dodgy renovations and unapproved works to reading contracts carefully, we show that it’s not just about ticking boxes—it’s about genuinely understanding the risks and avoiding mistakes that could haunt you later.
If you think you can skip a few steps and still be fine, think again. We share real-world examples of how people have been burned by “hot market blindness” and the dangers of rushing through due diligence. Our goal is to help you buy with your eyes wide open, so you’re not left asking, “Why didn’t anyone tell me that?” down the track.
Episode Highlights:
00:00 - Introduction
02:07 - How to approach a property inspection when buyers are rushing from viewing to viewing
04:54 - Dealing with deal breakers even when the client loves the property
08:50 - Why Veronica insists on multiple property visits and internal collaboration
10:40 - Veronica explains when and how pricing considerations come into play
13:28 - Uncovering overlooked details in vendor disclosure documents
16:44 - Veronica breaks down the risks associated with unapproved modifications
18:09 - Getting client buy-in before diving deeper into due diligence
21:18 - Diving deep into legal due diligence
23:43 - Why due diligence for strata properties demands extra attention
34:33 - How Veronica manages pricing expectations while dealing with agents
45:37 - The importance of building and pest inspections — choosing the right inspectors
48:30 - How to approach properties with slim chances of success but significant potential
53:23 - Additional points from Veronica
Resources:
Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!
See omnystudio.com/listener for privacy information.
5
22 ratings
When it comes to buying property, many people think due diligence is just checking if the house looks nice or if the price feels right. But the reality is, it runs way deeper than that. In this episode, we take you through our 109-point due diligence checklist—yes, 109 points—and share what really goes into properly evaluating a property.
We dig into why so many buyers, and even some buyers’ agents, miss crucial details that can lead to expensive regrets. From spotting dodgy renovations and unapproved works to reading contracts carefully, we show that it’s not just about ticking boxes—it’s about genuinely understanding the risks and avoiding mistakes that could haunt you later.
If you think you can skip a few steps and still be fine, think again. We share real-world examples of how people have been burned by “hot market blindness” and the dangers of rushing through due diligence. Our goal is to help you buy with your eyes wide open, so you’re not left asking, “Why didn’t anyone tell me that?” down the track.
Episode Highlights:
00:00 - Introduction
02:07 - How to approach a property inspection when buyers are rushing from viewing to viewing
04:54 - Dealing with deal breakers even when the client loves the property
08:50 - Why Veronica insists on multiple property visits and internal collaboration
10:40 - Veronica explains when and how pricing considerations come into play
13:28 - Uncovering overlooked details in vendor disclosure documents
16:44 - Veronica breaks down the risks associated with unapproved modifications
18:09 - Getting client buy-in before diving deeper into due diligence
21:18 - Diving deep into legal due diligence
23:43 - Why due diligence for strata properties demands extra attention
34:33 - How Veronica manages pricing expectations while dealing with agents
45:37 - The importance of building and pest inspections — choosing the right inspectors
48:30 - How to approach properties with slim chances of success but significant potential
53:23 - Additional points from Veronica
Resources:
Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!
See omnystudio.com/listener for privacy information.
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