Finding the perfect property is never easy, and it can be a challenging, time-consuming task. But if you are determined to get the property you want at a reasonable price, you have to know what to look for. And whilst checking the property from top to bottom is necessary, there are still some factors you should think about if you really want to get a good deal.
Trust your instincts
First of all – trust your instincts. If you feel that the property is right for you, then go ahead and make an offer. But if your gut is telling you that there is something that isn’t right with the property, then maybe you should examine it further. How long has it been on the market? Why are the previous owners selling it? Have you had it checked by a surveyor? If your gut instinct is telling you to look more closely before making an offer, follow it.
You shouldn’t just look at the property – look at the neighbourhood surrounding it. If the neighbourhood or nearby areas are showing development, then all is well and good. So how do you determine this? First, look for signs of development, such as road skips and the like. Look for shops which show signs of being new. One hint: if there is a Starbucks nearby, this could be a reliable sign of development for the area.
Another factor to watch out for would be flooding (which has been occurring more and more in recent times). Even though the property you are looking at may be as charming and attractive as can be; you have to think of the worst case scenario (i.e., flooded with rainwater). Check out other environmental or natural risks as well, such as industrial pollution and subsidence, on the website of the Environment Agency.
Beat the competition
Chances are you are not the only one looking at that piece of property. With the rising demand for property nowadays and not that many properties to choose from, you could be in for a bit of competition. So, in order to beat the competition (or at least acquire an edge), place your bid in writing. Make your bid more formal than the rest. And, once your bid has been accepted by the owners and the estate agent, ask them to remove the property from the market right away. To make sure they have done what you requested, have a friend contact them as a prospective buyer and ask if the property is still up for sale.
The property you want – be it property for sale in Billericay or other surrounding areas – is out there. But once you find it, you have to be doubly careful and keep the above-mentioned factors in mind.