Got survey report back

drummer_666

GAH wrote: »

A bad thing really, the agent works for the vendor remember. If anyone should be instructing some to go and look at the damp it should be you.

Also you need to be wary of a lot of these damp free surveys, as the majority of them are after business and for sometimes workthat isn't really there.

I know the agent works for the vendor, but he insists he needs to get a damp survey done, to put to the vendor so we can negotiate price.

I personally decided not to get a damp survey done. I've got a good idea of costs for damp proofing and injecting and for relaying the floor if it needs it. I just want a few of grand off the price.

If the agent gets a non PCA damp survey, then it's likely to show up more than needs to be done, so that'd be better for negotiating for me wouldn't it?

I'd still get my own indepent one before I had anywork done

I sent EA a few limited extracts from my survey.

Uk_Lover

Is this going to be your home or is it a do-upper to sell on. Just wondering what profit your expecting as I'm doing something similar but plan to live in it for a few months while i'm working there.

drummer_666

i'm planning on living in it for at least 2 years, then rent the whole house for a few years (if i relocate for work), and prob sell in 3-5 years, depending what happens to the market and when I want to buy my next more pemenant home.

so i'm buying it as somewhere to live that's cheaper than renting, and to also add value for when i come to sell it

if my accepted offer of 75 sticks, then expecting to spend 25k (doing a lot of work myself) and add 32-35k value.

I'll also be renting out a room to the guy who i'm renting with now. so will be £170 better off a month than I am now renting. I'm also going to rent out the third room for 6-12 months for some extra cash.

drummer_666

well been told that the damp/timber survey is being done today.

so wait and see. i won't neccessarily trust it, but at least then I can move forward one way or the other

although not had my mortgage offer yet, even though they had the satisfactory valuation wed.