My wife and I have just put an offer on our first home, a newly constructed duplex from Elderton Homes in Schofields NSW, which has been accepted. We are currently in our cooling off period. This duplex along with another set of duplexes was recently completed by a developer and all four have sold within a few days. We hired an independent building inspector who came and went through the house for approximately 3 hours. He documented 42 defects across the house. Although quite a few of them were due to sub-standard workmanship on the finishes there were also a few that were significant in nature (e.g. bathroom exhaust fans not leading outside, ceiling sagging (he said this was unlikely due to water though) and doors not latching etc.) and that it seemed like a “Friday afternoon job”. He however marked that the building was structurally sound. The inspector took us through his entire report and highlighted how issues would’ve occurred and subsequently how they could be fixed. In turn we’ve told our solicitor that as part of our settlement agreement we’d like all of them fixed and another inspection done by our inspector to confirm the issues have been rectified. With that being said we are unsure if even then we still want to proceed. Our thinking is that if there was 42 defects identified in the areas that our inspector could see (he also was not able to get into the roof as there was no manhole. We have also requested this be put in and an inspection be carried out in there and any defects rectified) what defects lie in the areas that we can’t see. In turn if something major goes wrong with the plumbing (e.g. pipe bursts and floods the house) or the electricity (e.g. something sparks and starts a fire) or something goes wrong with the slab or the frame (I don’t have an example for this as I know next to nothing about building). Are we being overly cautious and this is simply part of the buying process, with these number of defects being standard or should we simply look at cutting our losses and move on? We’ve spoken to our parents who have both suggested that we cut our losses, however we’re aware that being our parents their natural instinct with us will be to simply avoid all risk. Our concern with moving on is that firstly we really love the house, the area and the price. Also, being in the Sydney property market which is really starting to pick back up again we’re concerned that if we drop this one it might be months before we find another that we both agree on and by then we wont be able to afford it. Any advice from people who have purchased homes before (particularly from wholesale builders) would be much appreciated!