Property Viewing
You should always make sure that you view a property a number of times before agreeing to buy it - don't allow yourself to be rushed. If possible, visit a property for the first time in daylight. If the place appeals to you, ask to come back to view it at another time of day, so you can see it in a different light. You should remember that properties can take on a different character at different times of the day and in different weather, so try to view them on different days, dull and bright, and on weekends and weekdays.
On viewing a property, note your immediate impressions, and ask yourself the following questions:
Do You Get a Good Feeling About It?
How does the house feel? Does it feel 'right' or does it make you feel uneasy? Houses tend to give off good and bad vibes, which is why you may feel immediately at home in one house, yet strangely uncomfortable in another. Trust your instincts - if it doesn't feel right, don't buy it.
Are the Rooms Big Enough?
Always take a tape measure with you when viewing houses, so you can check the room sizes. This is particularly important if you need space for large items of furniture. You will also need to consider the shape of the rooms - if they are unusually shaped, then it may be difficult to arrange your furniture.
Does It Have Potential?
When you're selling a property, you should always present it in its best light; however, many people either don't know how to do this, or just don't bother. Many buyers are unable to see through the clutter and dirt to visualise how a property could be transformed with a bit of effort, time and money. Most people want somewhere they can move into straightaway with no extra work. However, if you're able to look past the apalling decor and shabby furnishing, and have a vision of what it could be like with a bit of effort, you may be able to grab yourself a bargain.
To pick out a property's potential, try to do the following:
- Ignore the mess, tatty furniture and awful decoration.
- Look for interesting period architectural features, such as tiled or woodblock floors, fireplaces, cornicing and ceiling roses, or staircases.
- Use your imagination - if necessary, could you install a fireplace, cornicing or new windows and doors?
- Consider the space and light and how it could be improved.
- Look for areas that could be improved, such as knocking two small rooms into one, adding an extension or conservatory.
- Think about how much the property could be worth when it has been done up.
Other Factors
- Assess the location of the property.
- Give the inside and outside a thorough check - any potential problems you see my affect your decision whether to make an offer, how much you are prepared to pay, and what professional advice you will need.
- Take a good look at the immediate neighborhood and drive past at commuting times to check the traffic. Give some thought as to the impact this will have in your future life.
- It's often a good idea to take someone with you when viewing a property to get a second opinion.
