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The Canstar checklist of house inspections and searches you need to get when buying a house , unit, or apartment. Pest inspection, building inspection, title searches, and more. Checklist of pre-purchase inspections and property searches. Pre-Purchase Inspections 1. Personal Inspection 2. Building Inspection 3. Pest Inspection 4.
Swimming Pool Inspection 6. Pre-Settlement Inspection Property Searches 1. Home Loan Pre-Approval 2. Title Search 3. Registered Plan Search 4. Land Tax Search 5. Bankruptcy Search 6. Contaminated Land Search 7. Local Authority Search, Water Search 9. Body Corporate Records. House Inspections. Personal Inspection. Is the property close to facilities that are important to you? Are the building and roof structurally sound?
Does the gutter have any cracks that would let rainwater damage the building walls? Is the neighbourhood noisy? Does the property get enough natural light? Any leaking pipes under the kitchen sink or in the bathroom? Is there any sign of termite activity, mould on the walls and ceilings, or rotting floorboards hidden under carpets or rugs? Do all of the hinges on doors, windows, and cupboards work?
Try the light switches — does the electricity seem to work okay or do the lights flicker? What does it smell like? Did you see any construction going up nearby? Are there enough carparks? Is it in a flood zone? Will the council rates, utilities water and gas , home insurance, and car insurance be more or less than you are paying at your current place? What are the apartment strata ownership costs body corporate fees and levies? What are the current vacancy rates? Pre-Purchase Building Inspection.
Plumbing is intact Doors and windows can open and shut Loose or damaged roofing, gutters, and downpipes In-roof and under-floor crawl spaces are structurally sound Fences and retaining walls are structurally sound Garages, carports, and garden sheds are structurally sound Rising damp Surface water drainage around property and driveways Asbestos Termites.
Unsafe renovations done by previous owner. On the original offer, these items are often called contingencies. When your due diligence is complete, and your lender has approved funding your loan, you can close on your home.
This means the money will be exchanged, and the deed will now transfer from the seller to you. You now officially own the home. A title company or a real estate attorney can close and record the transaction. Lexi is part of the content marketing team and enjoys writing about real estate and design trends. Her dream home would be a contemporary home with an open floor plan, lots of windows, and a waterfront view. Share on facebook. Share on twitter. Share on linkedin.
Share on pinterest. Lexi Klinkenberg Lexi is part of the content marketing team and enjoys writing about real estate and design trends. We'll help you throughout the mortgage process — no hidden costs or surprises, just straightforward, honest, mortgage advice. The overall cost for comparison is 3.
Our Companies House number is We are also authorised and regulated by the Financial Conduct Authority. Our FCA number is Our dedication to providing our customers with a first class mortgage service has helped us win over awards since , more than any other mortgage broker.
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Your name. Your email address. Your phone number This is the number we will call. We'll get in touch with you as soon as possible about your enquiry.
We'd like to stay in touch Let us do the hard work for you. We'll only do this if you want us to and by the methods you choose below. In other places, you could wait months for the right home to come on the market, or you could get outbid time and time again before an offer is finally accepted. According to Zillow research, the average time spent shopping is about four and a half months. The seller may accept or reject your offer, or they may send you a counteroffer, kicking off a round of negotiations.
This is known as the closing process. So how long does it take to close on a house? The appraisal is usually scheduled within a week, and then it takes about three days for the report to come in. If not, you may have to increase your down payment or renegotiate with the seller.
You typically have 10 days to complete the inspection.
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