Looking for a rental property for the first time? We know how exciting it feels when you are a young professional looking for your first home. It’s all about roaming around your new local area, buying new stuff for decor, purchasing new home items. The idea of having your own home is absolutely mesmerising, but wait, before you start dreaming of your ideal kitchen... Before your tenancy can start, it’s time to think of your deposit and how you’re going to raise it.
During your house hunting quest, chances are you will only see a given house at its best; perfectly organised, expertly staged, and clean. This gives you a perfect picture that lures you into buying the house; however, you might be missing a lot; recurrent water problems, rat and termite infestations, past flooding cases, etc. These are the things that eventually cost you a lot.
Not every buyer will take 15 minutes on a property they intend to live in or own for a very long time. Some will take their time looking for red flags, oversights and other shortcomings.
Buying a house for oneself can surely be one of the best and most pleasant experiences in a lifetime. After all, it’s an investment that requires careful research. And only after a well thought out plan coupled with effective implementation, the perfect property is bought. Now comes the next part; if the purchased house or apartment would be used as a buy-to-let one. In that case, homeowners should be particularly wary about how they must carry out the work.
Buying and selling a house can be a very stressful time. This is particularly true when you are in a chain.