5 Essential Checks to Ensure a Sound Property Investment

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• Victoria's Premier Pest Control Specialists

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5 Essential Checks to Ensure a Sound Property
Investment

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Obtain
Reliable Legal
Advice

• The value of attaining good legal advice prior to
  purchasing a property cannot be overstated. A
  trusty conveyancer or solicitor can flag any
  serious issues to you before they become a
  problem, which will insure you against any
  potential sales falling through. As well as this,
  its always handy to have some legal advice on
  hand to review the contract of the sale and the
  mortgage agreement.

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Conduct
A
Thorough Property Inspection

• Every potential property purchase absolutely
  demands a professional building inspection. This
  is so you can check for structural defects, pest
  infestations, damp, asbestos, as well as any
  issues with plumbing or wiring. However, before
  you get to this stage, youll need to conduct
  your own inspection. Telltale signs to look out
  for are damp, mould, sagging ceilings, uneven
  door or window frames and buckling. Furthermore,
  you need to test all taps and water outlets, as
  well as assessing the overall energy efficiency
  of the property.

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Understand
Your
Mortgage Market

• Before you even think about making a bid or offer
  on a property, it is paramount that you know your
  borrowing power. Ensure you have the best deal
  available by talking to different lenders
  reviewing their interest rates and investigating
  potential product add-ons, so that you can
  realistically determine just how much you can
  borrow. As well as this, dont forget to
  consistently consider your ongoing homeowner
  costs and thus your ability to manage your
  mortgage repayments in the future.

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Get
An
Accurate Valuation

• One of the most common reasons for property sales
  falling through can be attributed to innaccurate
  property valuations. This problem amplifies when
  you commit to a purchase at auction and your
  chosen lender values the property at a lower
  price than what you actually paid. This could
  result in you having to borrow more money than
  you budgeted for.

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Consider
A
Real Estate
Agent

• The game of real estate can often be a calculated
  display of negotiation and bravado, which
  laypeople can often fall victim to if they dont
  have the proper knowhow. If you dont feel
  comfortable making sale offers, bidding at
  auctions or negotiating settlement terms, it is a
  wise idea to hire a real estate agent. Not only
  will a real estate agent find you a suitable
  property, they will also evaluate properties for
  sale and negotiate price terms.

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Get In Touch
With
Dawsons Pest Control!

• Dawsons Australia is a leader in providing
  professional effective pest control to
  homeowners businesses in Melbourne, Geelong
  Mornington Peninsula. Get a quick quote by
  calling 9222 2266 today.

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THANK YOU

• http//www.dawsonspest.com.au