How to be a smart buyer

How to be a smart buyer

The purchase of a home will probably be the biggest investment you make during your lifetime. A mistake could prove costly. There are many ways to equip yourself with all the information you need to make an informed decision. It starts with a checklist. You can use this checklist to examine a home room-by-room for warning signs or anything that might need attention, for example.

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Spend time researching the property, and the area if you are not familiar with it. You can get information on past house prices, crime levels and other details to give you an idea of the locality. Ask the estate agent how quickly homes sell in the area. If you buy the house, it’s a good idea to think about its future sale potential.

You should do research on the local schools and their admissions rules, especially if you are expecting children. You might not have children yet, but when you become a parent you will be grateful that you did the research. Save yourself future stress by doing your research early.

Visit the area several times during the day and at night to get an idea of what it is like at different times of the day. You can also check out the amenities in the area and any parking restrictions. Enter the postcode on a police site to check crime rates. You will have all the facts at your fingertips within seconds.

Does the property need to be redecorated or is it in good condition? Do not forget to include this cost, as renovations are expensive. You may only need to do minimal work on the house or it could benefit from installing new windows and doors, for example. For advice on Composite Doors Bridgwater, visit Choice Trade Frames, sellers of Composite Doors Bridgwater.

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Check the ceiling for cracks, water stains and plaster damage. Also check under the sink in the kitchen to see if there is any evidence of leakage. You should also check the loft and ask questions about the plumbing, water tank and insulation levels around the property.

Ask questions right away. For example, find out what is included in the purchase. Will the seller leave any curtains or light fittings? Take as many photos as you can so that you do not have to rely solely on your memory. Don’t forget to ask about the neighbours too!

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