What is a Home Report?
A Home Report is required when you sell a home in Scotland. They are specific to the Scottish moving system and have three elements.
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A Home Report is required when you sell a home in Scotland. They are specific to the Scottish moving system and have three elements.
It will depend on the state of the property market whether you should offer over the price found in the Home Report valuation. If it is a competitive market, offering 5%-10% over the Home Report value can give you a higher chance of your offer being accepted.
A Home Report and a survey are not always the same thing. A Home Report is a legal requirement when selling a house in Scotland. The Home Report includes a single survey which assesses the condition and value of a property.
A building survey or a full structural survey is not compulsory, but can be used for older buildings to offer a more detailed evaluation.
Typically, a Home Report process will take a few days. The amount of time it takes can be affected by factors such as the size, age, and location of the property
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