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Things to do Before Making an Offer

Friday, 26th April 2013

Categories: Sales

Author: Peter Barry

It’s always tempting to rush in with an offer when a property catches your eye. You don’t want to miss the boat and let someone else walk away with your dream house. However, it’s always a good idea to take some time out to review your decision and make sure that the house is going to be a good home and a good investment.

Check out local area
Whether you’re new to the area or you’ve lived a few roads away your whole life, it’s important that you investigate the local area before you consider putting in an offer on the property. Areas can vary greatly – even adjacent roads can have very different aspects – so you should walk around and really get to know the immediate area around your potential purchase. Is the house on a bus route? Are there nearby alleys or pathways that make a popular hangout for kids? Is the street lighting good? Is there a lot of litter? The list is endless and there will always be something that you don’t like but if your top gripes can be avoided, the property will start to become even more appealing.

Meet the neighbours
No one’s suggesting you arrange a cosy dinner party for the immediate neighbours but it’s always a good idea to knock on the door and let them know you’re thinking about buying the house next door – after all, you could be living next to these people for a long time. As well as checking if they have a house full of barking dogs, you can take the opportunity to ask questions about the area.

Research online
Check out local blogs or other sites about the area – this is a great way to get the lowdown on local groups/activities, council issues, new developments etc that could all have an impact on whether you choose to make an offer.

Drive round after dark
Areas can change dramatically once the sun goes down and a night-time drive will give you a good idea about whether there’s any nocturnal activity that might put you off buying the house. Is there a pub or off license that’s a noisy local hangout, or is everyone tucked up in front of the telly by 9pm?

All information is useful and if you do enough research, you should be able to make a well-informed decision about whether the property is worth pursuing.