Buying a house could probably be one of the biggest and most important decisions of your life. We understand your excitement about rushing for a purchase. However, there are various things that you should be aware of when purchasing a house. It’s not just part of the house that you would pay for, but for the whole unit in its entirety.
There are various factors involved when buying a house for yourself besides just finances. This would be a house that you would plan a substantial number of years to live in for. Wouldn’t it be wise to check out everything before you sign that final purchase agreement? Of course, Yes!
Below you would find some of the important things that you would need to check when buying a house:
Personal and Professional Inspection of the Property
Before finalising any property,you must doa proper inspection of its condition. Checking it entirely and not just a part of the house (like the exterior) is important. You can do the initial inspection yourself to get a feel of the property, and if you feel like going ahead, you can call a professional to carry out thorough checking of the property.
Here is a list of few important things that must be checked properly:
- Structure of the property and its foundation
- Plumbing and Electrical wiring
- Checking for cracks or dampness
Roof check (check its condition, framing, etc.) Visit Roof and Render SA – Adelaide
- Signs for any water damage
- Provision for hot and cold water
Check if the House Meets your Spacing Requirement
The basic purpose of purchasing a house is to ensure that you live comfortably. If you liked the house from the outside, then it’s time to check the insides for space requirements. If you have kids, then you would need a separate room for each of them.
Make sure that the size of the rooms, kitchen, garden, garage, etc., is as per your requirement. If you own a big sized vehicle, then check if the garage offers ample space to fit your vehicle or not.
Checking the space of the house and then comparing it with your requirement is the first step to shortlisting your new home.
Locality or Neighbourhood
Of course, you liked the house, its interiors, exteriors, garden, kitchen, etc., but did you check the neighbourhood? One of the most important aspects of living happily is finding a neighbourhood that syncs with your personality.
Buying a home is not a simple errand, and one needs to make numerous arrangements to make this purchase successful. A lot of effort would be required to purchase the home. Wouldn’t it hurt to find out later that all these efforts were in vain, just because the neighbourhood was not what you preferred?
Do a thorough check of the neighbourhood vicinity before you finalise any purchase of the property. Some important things to check in the locality are:
- Availability of transport
- Nearest parks
- Nearest bus or train stops
- Stores for regular grocery shopping
Put On the Sherlock Hat and Find the Reason for the Sale
Before you buy any property, always find out why the seller is getting rid of the property. You can choose to ask the question directly to the agent or the seller, but make sure to ask it subtly.
Finding out the reason for the sale would give you a better idea of why you should or should not purchase it.
Check the Property Title
You should leave no stones unturned when buying the properties, and it means checking the property titles thoroughly. Make sure that you check that the boundaries that are mentioned in the title match the actual ones.
If you need, help you can also take the help of the surveyor to check them on your behalf. This would help you prevent any future altercations with your neighbours.
Do not Forget the Financial Aspect
One of the most common mistakes people make while buying a new home is that they buy impulsively without their financial capacity. People put down payments only to realise later that they are not eligible for the loan amount they thought of.In order to avoid such a situation, you can get yourself a pre-approved home loan.
Checking with the Local Council
It never hurts to be thorough in your research. You can check with your local council to get an idea about the neighbourhood’s events, like if any pre-approved construction plans are due. After the purchase, it would be disheartening to find out that the vacant, empty space around your home would be developed into a hotel or large commercial complex.
While you are there, you can also check with the council about any un-approved structures in your soon to be home. Sometimes, homeowners do not take prior approvals from the city council before developing additional structures. Make sure that you are aware of any such developments.
It is important that you get the house checked for any pest infestation before purchasing it. Professional inspectors can do this task for you. While you are at it, it would be wise to have the building and its timber inspected through the respective professionals.
It would seem like a drag now, but trust us, these inspections must be carried out before you make the purchase. Getting rid of pests after the purchase would turn out to be an additional cost and headache for you. Therefore, make sure that the house is certified by inspection specialists before you sign the deal.
Check for Environmental Hazard
Environmental hazards like floods, earthquakes, forest fires, etc., are sometimes specific to certain locations. It is important that you check if the home you plan to purchase is prone to any such hazards. While you are at it, check if the locality is susceptible or in danger from nearby industrial toxic wastes or noise pollution.
Getting yourself the home of your dream is a wonderful thing. You must purchase a home only after you are sure to be having a wonderful time living there. Hopefully, the guiding points mentioned in this write-up helps you perform vital checks before purchasing a new home.