OT - Buying a house
On Friday, 17 July 2015 00:28:08 UTC+1, Dave Liquorice wrote:
On Wed, 15 Jul 2015 11:37:38 -0700 (PDT), nt wrote:
Surveys seem to be almost valueless in most cases. You get a list
of
disclaimers that leave more or less nothing of value. If
examination
has revealed no signs of structural problems, no flying freehold,
the
taps work etc, what really will a survey add. Other than
interpreting
some structural issues the rest its not hard to check yourself.
If you're happy to make the largest single financial transaction
you
will ever make in your life without professional guidance, you go
right
ahead. Me, I'll get a survey.
Me, get a survey to satisfy the mortgage provider and buy suitable
building insurance. If either of those can't be met walk away.
Remember the property isn't 100% yours until you have settled the
mortgage.
The best deals are to be had where you can't get either. Like anything in life, what's best depends on your circumstances. A policy of walking away from houses that need work does seem a bit anti-diy though.
NT
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