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Avoid Getting Huge Property Bills
February 14, 2017in Uncategorized by Adam

Avoid Getting Huge Property Bills

A Home Buyer Report can provide enlightening information about the condition of a property. With the details, prospective buyers can decide whether the proposed price is reasonable based on any issues that are found. As a result these reports are invaluable to anyone looking to purchase a home.

When you’re looking to make such an investment it’s incredibly easy to become fixated on what is clearly visible when you view a property. Whilst you are distracted, you may end up disregarding the questionable brickwork or the sounds emanating from the walls. It is definitely not advisable to move forward with a purchase without examining even the smallest issues.

In 2014, research by the Royal Institute of Chartered Surveyors revealed something worrying. It turned out that numerous buyers were setting themselves up to receive an average £5,750 in repair bills. This was thanks to such hidden problems as rot, subsidence and structural defects.

First time and younger buyers are most at risk here as they are generally less experienced. Even seasoned buyers can be caught out though, especially if they don’t get a survey done. It’s always worth setting some cash aside for a Home Buyer Report. The only time a lesser survey may be acceptable is with a new build property. Even then it is always best to be armed with the right information.

Spending a little on the report could potentially save you thousands, as it will give you the means to negotiate more effectively. In the end, Home Buyer Reports are for the benefit of the purchaser, as opposed to the lender or seller.

At Patterson Francis Associates, we are committed to providing the best services to clients throughout Maidenhead, delivering a detailed Home Buyer Report when it is requested. We understand that property investments are a big step and strive to give every client the confidence in moving ahead with a purchase. Additionally we want them to get the best for their money.

If you have any questions for us please get in touch. We have been operating in the local area for a long period of time and uphold the highest standards.

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