Selling Houses Australia

Buyer Beware Checklist

When buying a property, it pays to do your homework. Our Property Expert, Andrew Winter, shares his ultimate buyer beware checklist.

- Check the council’s zoning plans and develoment applications in the street.

- A unit block popping up next door could seriously affect the future value of the property. And don’t forget to check for loft conversions or extensions, as they can cause overshadowing or privacy issues.

- Make sure you inspect the property on different days and at different times. Agents often show a dark property when the sun is at its best, or to avoid rush hour if a street is busy.

- Use the internet or local library to find out what facilities are available nearby. And if you’re planning on buying a unit, try to meet some of the other residents in the block before you put in an offer. There’s nothing worse than annoying neighbours when they’re right next door!

- Check that the property is not likely to be affected by bushfires or flooding. You can do this online of by contacting your local coucil.

- Natural disasters often strike with little warning, so you need to do your research and be thoroughly prepared before buying in a high-risk zone.

- Then check the boundaries of the property because disputes over access and fence lines can be costly.

- And last but not least, check the crime statistics with the local police station.

Then hopefully your dream property won’t become a living nightmare!

To ask Andrew a question, click HERE

 
 

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1 comment
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Posted by Bob64Report
" Caveat Emptor - Let the Buyer Beware "
(What Most Sellers Agents Prefer Not To Disclose to Prospective Property Buyers)

Good afternoon Andrew, and Queensland property researchers, prospective buyers and buyers agents.

I have developed a new cost-effective* property information disclosure report (QPEG) for prospective properties of interest in Queensland. Let us do the research on a property of interest to you.

Perhaps you may be interested in it ?
If so, please e-mail me for a detailed PDF summary of a QPEG report.

Thanks kindly, regards,

Bob Stocker B.Eng.-Civil (Hons) Adv. Dip. Public Safety(Investigations) QPSM National Medal
bobstocker@hotmail.com
PO Box 84 Drayton North, Toowoomba, Queensland 4350
ABN: 61 230 945 759

* Given the uniquely valuable and detailed information contained in a QPEG report coupled with it's significant potential as a sale price negotiation tool for prospective property buyers and buyers agents, our QPEG options are therefore very cost-effective. Especially so, considering that purchasing a property is probably the most significant investment decisions most people make !