What To Look For When Buying A House

What To Look For When Buying A House

According to a report by a London newspaper, Londoners take just 33 minutes (on average) to decide whether or not to buy a house. I’ve spent longer waiting to get a drink in a bar! So just what are you looking for when buying a house? Can you honestly decide in 33 minutes whether you want to spend your life savings (and your partner’s too probably) on your dream home? Well, whether that is a wise decision or not, read on to find out just what you should be looking for when buying a house.

  1. Silence. Turn off your phone, turn off the radio that might be blaring, get the estate agent to shut up. You want to be able to hear what noises, if any, they are trying to mask. Is your potential new home next to a train line? Are you under a flight path? Do you live next to a busy road? Stay quiet for as long as you can and listen out for everything. Make sure when you go back for a second viewing that you go on a different day at a different time, just in case the flight path isn’t in use on a Tuesday (the day of your first viewing), but is in constant use the rest of the week.
  2. Don’t be distracted by the shiny things. Sellers will waft cookies at you, have painted the walls and/or sprayed copious amounts of air freshener. Look beyond the parlour tricks and see what they are trying to distract you from. Do the walls have obvious cracks? Are the drains smelly? Is that new rug covering something hideous underneath?
  3. Measure the rooms. Will they hold all of your furniture? Have the current occupiers removed useful pieces of furniture like the chest of drawers to try and make the rooms appear larger than they are?
  4. Is it what you want? Just because the house is an amazing bachelor pad with lots of built in gadgets and gizmos is all good and well, but you have more shoes than Sarah Jessica Parker, so are there actually any wardrobes? Don’t be distracted by the newness of the place, you want it fit for your purpose, not someone else’s.
  5. Paint jobs. If the house reeks of fresh paint be very suspicious. What are they trying to cover up? Do the walls have tell tale signs of rising damp? Is the ceiling discoloured where the roof leaks? Are the window frames up to scratch?
  6. How is the phone signal? The house may be everything you ever wanted and more, but if you have to stand outside in the cold and rain to make a call every time, it’s going to get very boring, very quickly.
  7. Check the water temperature. Run a hot tap and see how the boiler works and if the water pressure is up to much. There is nothing quite so unwelcoming as spending your first night in your new home with no hot water and a broken boiler.

Finally, if you decide that this place is your dream house, have your own survey done. It will be the best money you ever spent! You could always take away any stress and utilise a company like National Property Trade who would buy your house for cash or a property portal like Right Move.

5 Advantages of Selling Your Property through Auctions

Sell using an auction image

Finding the right method to sell your home can sometimes be a challenge. That’s because of the many ways that you can choose from, for example, through estate agents, personal selling, and auctions. Auctions have many advantages. They include set dates and also contracts without many conditions. This guide looks at 6 benefits of selling your property through auctions.

They Are:

Creates Competition

  • One major advantage of selling your house through auctions is that it creates competition among buyers. That’s because it’s a competitive process that occurs through bidding.
  • The highest bidder gets to buy your property. It also creates an emotional attachment between the buyer and the property. Our auction agency enables you to carry out a quick house sale to suit your needs.

Set Dates

  • When planning to sell a home, you should consider using auction companies because of their set dates. That’s because prospective purchasers come prepared on the set date. It allows you to sell your house fast as compared to dealing with estate agents.
  • Keep in mind that people buy a house quickly if they have already inspected it. Auctions enable potential buyers to know the best features and parts of your home. They also purchase knowing what needs repair or improvements.

Attracts Potential Buyers

  • Auctions also enable you to tap into the emotions of potential buyers. That’s because, after physical inspection, most people create an emotional connection to the house on sale.
  • In a competitive bidding environment, they will stretch themselves to ensure they get their dream home.

Impact Marketing

  • Another advantage of buying homes through auctions is that they provide high impact marketing. Auction agencies usually advertise the property through various platforms, for example, United Kingdom UK newspapers, Social media and also magazines.
  • That means as a seller; you will gain from the resulting exposure, ensuring that you get the best deals for your property.

Reduces Marketing Days

  • Auctions usually pull in a lot of potential buyers. Keep in mind that most people come in prepared with cheques and cash.
  • That means you will mostly sell the property on the set dates. It enables you to keep your schedule and sort out pressing needs.

Unconditional Contracts

  • Another advantage of using auction agencies is their contracts. On the fall of the hammer, the buyer gets bound to these contracts, which means an immediate exchange of money takes place.
  • It gives both you and the customer piece of mind. That’s because the transaction takes place in an open area.

What to Do

  • Make sure you get written contracts on the proposed mode of payment. That’s if the buyer doesn’t have cash.
  • Choose reputable auction agencies in the UK. In our case, we buy any house that doesn’t get sold by the agreed date with you.

Conclusion

Selling your home through our auction agency should be easier using the above guide. Remember to contact us on time to plan physical inspections and plan your routine to ensure you are present during the inspection.

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