How to Inspect Properties for Sale
Agents who are dealing for property for sales should ensure that they have all the necessary details about the property before they start their inspections. How the subject property is used or marketed depends to a larger extent on how much of the information is available. Effective and efficient inspections of property for sale will depend much more on these factors. These points provided here will be very instrumental when preparing for property for sale inspection.
Find the general plans and drawings for the property. Having these plans will shade enough light on when the property was constructed and the original configuration. Should there be changes in the appearance of the property, you will know that there are some alterations that have taken place and hence you will have to ensure that the appropriate construction and building approvals were obtained.
The act of marketing any property that’s not legally approved for any usage or configuration currently is prone to troubles when it comes to sale and settlement process. The due diligence process is undertaken by buyers prior to the day of settlement will usually encounter some problems with construction approvals. Whatever the information the property owner gives you, you should make your own inquiries regarding this in the planning office.
The given title to the property is a good source of information regarding the boundaries of the property. Find out from the owner if there are any encroachments on the boundaries of the property. Should there be any encroachments on the boundaries, ensure that the property owner gives you all the details. In case the boundary points aren’t well defined, you should hire a surveyor to fix for you the boundary points. You should also consult the immediate neighboring property owners to know about the local area and any problem related to the properties.
The services and amenities of the property will be very crucial and of importance to the property buyers and tenants. There are many indications on which services and amenities are available in the property although further details will be crucial. Energy capability and supply from the street power grid is very crucial to check well. This is very relevant to all the industrial tenants or building occupiers that will be in for higher energy for manufacturing.
You should get to know more about heritage issues, environmental matters and energy consumption. Such things are often very problematic to property owners and occupants. Various things like compliance and legislation touching on each category will impact a lot on the property used or occupants. If there are any doubts regarding the factors, you should go in person and get various information from the local property authority and even ask for a written evidence. Having this written evidence will help in case there are inquiring buyers and tenants.