First-time buyers should go to a viewing of their potential home fully prepared with questions and a checklist of what to look out for. While it’ll be easy for you to see if a house meets your basic requirements – such as the right number of bedrooms or a good, outdoor space – not everything will be so easy to discern.
Residential People have years of experience working to connect people with property, and they revolutionised the way people search for properties. Here, they share insight into 5 things first time buyers should look out for.
1. Meet the homeowner – the homeowner, instead of just the estate agent, will be able to give you a comprehensive history of the property and changes that have been made to it over
the years. You want to be fully aware of all repair histories and any warranties.
2. Check the floors – look out for floors that have any unusual sagging or dipping, as this could be a sign that there are structural issues with the plumbing that may require an investment
further down the line.
3. Don’t always trust fresh paint – always be suspicious of anywhere that looks like it’s been recently (or hastily) painted over. Something has been fixed or covered up, and it’s best if you
find out what is it!
4. Electrics and piping – can you see a lot of exposed wiring or are there any other indicators that the electrics are below standard? For both electrical and plumbing matters, it’s a good
idea to bring an expert along for a second walk-though.
5. Second opinion – if you’re buying a property with a view to renovate it, consider bringing an architect along with you. They’ll be able to offer an expert opinion on anything that needs to
be fixed and help you to avoid renovations that become money black holes.