Buying a home is an expensive business - but that's changingMAARTEN HOLL/STUFF Some buyers may be avoiding auctions altogether because of the risk of spending up on due diligence. All of this expenditure can be for nothing, if you miss out at the auction, or your offer is rejected. But dare you skip any of the steps faced with leaky homes, meth labs, huge levels of unconsented work? DUE DILIGENCESUPPLIES Alan Christensen from Christchurch hopes to use the "sharing economy" to bring down the cost of building inspection reports. Part of his mission is to drive up the quality of inspections to protect people from buying homes without knowing whether they have big repair bills in their near future.

Source: Stuff September 12, 2017 16:52 UTC