Home buyer Survey?

I’m a first time buyer so need a bit of advice – I’ve had the home buyers survey back and it indicates a few things doing, nothing serious a few roof slates need relaying, a guttering down pipe on the car port and some tiles loose in bathroom.





It also says that the gas and electricity should be inspected prior to exchange.





Who is it that I need to contact to get this shorted – solicitor or estate agents, and who is responsible for the costs?





Thanks

Home buyer Survey?
Think positive and be happy. Talk to a good friend to make you feel better about it.


All the best.
Reply:You are in a good position first time buyer in a buyers market get the agent to contact the owner and have the repairs done prior to completion and exchange and you could ask for a report on the electric and gas safety and condition at the same time if it is an old house.


If they want to sell they will be happy yo do these things as you represent a good option to sell their property.


The alternative is a reduction in the price equivalent to the cost of the repairs.
Reply:Make it a condition in your offer so that these items must be fixed to your or your agents satisfaction before the purchase can be completed.Thus, the seller will pay.
Reply:You need to contact the Estate Agents and your Solicitor.. The Estate Agents will need to gain access and may know somebody to recommend to you. As for costs i'm afraid its down to you, or maybe some sort of arragnement with allowence on completion of 50/50. 75/25 with the Vendors. Make some suggestions see what works out best.





Also if a lot of work needs doing, maybe you should suggest a decrease in the offered price. x Good Luck x
Reply:Reduce your offer on the house to include the cost of repairs. (this is done via the estate agent or direct to seller)


Or, tell the seller that you will not buy with it in the current condition....That way, if they want a sale, they'll repair it first before you buy.


Good luck!
Reply:You can try to get the vendor to reduce the price by the cost of putting these things right.


You could ask the vendor to carry out the repairs before you agree to complete the purchase.


Is the price of the house fair taking into account these few things that need doing? Was the survey valuation accepted by your lender?


Decide your course of action and let the estate agent and your solicitor know which way you want to go.
Reply:tell the estate agents that this is what has come back, either the sellers should fix them or should take something off the asking price to allow u to fix them.
Reply:You need to contact the agent. Who is responsible is open for negotiation. I would try to get the vendor to do it however, when I sold my last house there were a couple of things that came up on the survey but I, the vendor, wasn't prepared to pay to get the jobs done. By doing this I was at risk of losing the sale but I knew that if the buyer didn't back down from urging me to get the jobs done i would have given in so as to get the sale. I was confident though that the buyer really wanted my house so I kind of called his bluff really, a bit mean but needs must and all that. In the end the buyer dropped it and said that he would pay for the repairs. Now that you are the buyer I would stand your ground and see how far you can push it to ensure that the vendor gets the jobs sorted before you agree to purchase the house or reduce the price of the house accordingly. If the vendor plays the same game though as I was playing you'll have to be brave as you may lose your chance of buying your dream home if he/she won't back down but then he/she risks losing the sale. i think in this game it's the bravest that wins. In any case your agent will advise you and remember that they are working for you so don't give in too easily.

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