In our previous blog post, we covered questions that are extremely important to ask your estate agent when buying new property.
For this month, we are looking at more questions to add to your repertoire to ensure you make the absolute best decision when purchasing a house.
Here is the continued list:
1. Are the plans available for the property?
Buyers must insist on a clause in the sales agreement in which the seller warrants that municipal plans are in order. Should you wish to make any alterations to the property in future, you must have older plans of the house to ensure all building codes are adhered to.
2. Are the neighbours noisy?
Noisy neighbours can be a major pain in the neck. From lack of sleep and peace to unwind, you might want to check out who you’re sharing the fence with.
3. Will the sellers agree to a home inspection?
A home inspection is not mandatory when you’re just looking into a property, but it is wise to hire a home inspector before signing any documents. If the sellers object, it might be because they are aware of major flaws which could affect the asking price.
4. Crime in the area?
It’s an unfortunate reality that South Africa’s crime rates are high and affects all South Africans in one way or another. When buying a house, be sure to research the neighbourhood and ask the neighbours if they know of any incidents that recently occurred in the area.
5. What are the transfer costs?
Transfer costs is often a trap first time buyers fall victim to. Be sure to find out from the financial institution how much the costs are and what other costs will also be involved. Lawyer fees are also a cost that needs to be taken into consideration.
For more information on Bateleur Estate, please feel free to contact us by calling 079 155 1600.