One of the most common ways to turn that dream home purchase into a nightmare is spotting all the faults that need fixing. You should always expect issues will be flagged when purchasing a second-hand property. How you navigate those issues can mean all the difference when it comes to how satisfied you are with the eventual purchase.
If you’re lucky, the issues will be relatively small and easy to rectify – the house might need a new layer of paint, birds might have torn up some of the fly screens or perhaps the mailbox has been broken clean off. These small issues are easy to deal with one way or another and are hardly going to cause a re-negotiation between a buyer and seller.
It’s when you must deal with things such as major plumbing problems or rising damp or termites in the woodwork that the project becomes significantly more complex. This is also where the agents will start playing their games.
You can expect that an agent is going to be quite open about some ar ....