House Hunting Checklist
By on Jul 16, 2008
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Before you start looking
House hunting can be very time consuming. So before you start, ask yourself the following questions:
- What type of area do I want to live in?
- What type of property will best suit my needs (house, duplex, terrace, unit, etc)?
- Is the area convenient to work, essential shops, schools and other services you need?
- Is transport nearby?
- Is having family and friends nearby a priority?
- Are lifestyle amenities important (beach, pools, parks, views, general shopping)?
- Are there any apparent concern or risk factors (i.e flight paths, proximity to chemical plants, other air or noise pollution, flood potential or landfill hazards)?
- What is the development history and development forecast of the area?
- What is the crime rate for the area?
While you're looking
? See a variety of properties in order to get a feel for the market
- Talk to real estate agents to get a better idea of properties available and prices in the area
- Obtain your finance first before you begin house hunting.
- Devote at least one day a week to serious house hunting
- Keep a property checklist. When you visit a lot of properties, individual features can begin to run together in your memory
- Invest in a digital camera. It's a good idea to take snaps of various properties, inside and out, to act as reminders
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Once you've found a property
A property inspection may seem expensive at the time, but you are likely to save far more in money, time, and trouble if you discover problems early. A pre-purchase inspection by a specialist will check:
- Under-floor areas for ventilation
- Exterior walls for straightness, cracks and mortar quality
- Weatherboards for sagging or rot
- Roof condition, guttering, flues, chimneys and flashings
- Eaves for water staining that may reveal roof or gutter problems
- Rooms for evidence of water entry or mildew
- Garages and sheds for water penetration
- Timber floors for rot, mould, borer and termites
- Concrete floors for exposed perimeters, cracks and water penetration
- Wet or damp areas like bathrooms, showers and laundries for cracks, leaks and mildew
- Services such as water flow, wiring, gas service and electrical, especially switches and power points
- Evidence of existing or past pest activity
- Any trees nearby for possible structural damage caused by roots