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: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast [email protected] Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.alcove.au Work with Chris: [email protected] 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! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765...

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