What to Look Out For in a Home Report
If you’re considering buying a property in Scotland, you’ll have access to the Home Report. Here’s what to look out for.
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If you’re considering buying a property in Scotland, you’ll have access to the Home Report. Here’s what to look out for.
As with any bad survey, a Home Report might identify issues such as subsidence, damp, poor drainage, or electrical problems that may prompt you to reconsider purchasing the property or consider negotiating the price.
Usually, Home Reports will cost around £285-£450, depending on the size, age, and complexity of the property and the surveyors you use.
This will depend on the demand for the property. A high demand property may sell for over the Home Report valuation. Whereas a property that has been on the market for a while could even sell for less.
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