Do you think you have found the house of your dreams? It can be exciting to view a home that you like and finally make an offer. But there is a lot involved when it comes to buying property, and you have to be careful. After all, you do not want to be making the wrong decision and a bad investment.
In particular, you need to ensure that the house you buy is in good condition and will offer you exactly what you want. For example, getting a home buyers CCTV drain survey done can be highly beneficial. Let’s take a look at a few reasons why.
Some Mortgage Lenders Require One
Generally, a home buyers CCTV drain survey is not a mandatory requirement for purchasing a property. In other words, it is often not something you have to do, and it will be your decision to get one or not. However, it is important to note that there are some mortgage lenders that are changing this perspective. They require buyers to get one in order to grant them a mortgage.
So, this is something that you should inquire about when you are trying to find a mortgage. If you are in a position where this is the case, you can always contact FS Drainage. This experienced team offers a home buyers CCTV drain survey and has all of the best equipment to get the results. This way, you will know where you stand and if you can get a mortgage.
It Gives You Leverage During Negotiation
Both parties in a property sale want the best price. The sellers want to get as much money as possible, while the buyers are looking for a good deal. As a buyer, you can often feel like you have to keep raising your bids in order to gain attention and get the house. You can feel like you do not have a lot of leverage.
However, this can change with a drain survey. When you get one done, you can see if there are any problems or damage that needs to be repaired. This is something that you can alert the seller about and it gives you room to negotiate the price down. You can feel in control of the sale and get the best price for you and your family.
You Know What You Are Getting
The last thing you want is to move into a new house and for there to be problems soon after. But, the reality is that this is something that can happen if you do not do your research and investigation on the house. If homeowners are not obligated to tell you something, most of them will not. So, if there is a problem with the drains, they may choose to keep this to themselves.
This is the advantage of getting a home buyers CCTV drain survey done. You are going to know the condition of the drainage system and find if there could be potential problems in the future you need to deal with. In some cases, they might be very expensive, and this could be the difference between buying a house and not.
It Makes Home Insurance Easier
House insurance is something that everyone wants to get. It is going to protect your investment, and it makes sure that if something happens, you will get financial support. But, there is sometimes work that has to be done before you will be given home insurance. For example, some companies want you to do a drain survey beforehand. This way, they know that there are not any pre-existing problems.
Therefore, getting a survey done before you buy a house makes things easier. Not only do you know what you are buying, but it means that it can be easier to get home insurance later on. You are killing two birds with one stone.