Undertake A Survey

In many countries and states it is the vendors responsibility to disclose any faults on a property to the buyer at the time of sale. You could be prosecuted or find you have to face costly legal action if you breach these laws. That is why it is always prudent to carry out a detailed survey on the property before you start the marketing procedure.

It may not be necessary to charge an independent agency with the task of carrying out a survey, as it will often be possible to prepare a report yourself. Only if you feel you have found a fault which required professional guidance will it then be essential to call in a professional. This could be for example if you discovered dampness in a wall, in which case a licensed builder could be called in to make an estimate of damage and repair cost, often without a fee to you.

A survey on the property will also highlight any repairs or maintenance on the property that you feel you may want to carry out prior to marketing the property for sale. This will give you the opportunity to budget for the repairs and schedule the work well in advance of the sale process.