Snagging is the process of checking a property for any defects prior to purchasing and it is always a good idea to snag whenever you can. Snagging gives you peace of mind and reassurance before you commit any serious money to purchasing a property; the majority of the time snagging will reveal nothing serious but it is good to do just in case.
Before proceeding with snagging you should remember that many properties will have minor issues and these do not necessarily indicate any bad intent on the part of the seller. It is of course up to you to decide whether any problems that the snagging uncovers merit you backing out of making a purchase. If you are purchasing a property in order to renovate it and sell it on then you should consider whether the ultimate value of the property outweighs the cost of making minor repairs.
Take A Friend
When snagging a property it always helps to have an extra set of eyes, if for no other reason than one person working alone can easily fail to spot all the issues and carry out all the necessary checks on their own. If you know someone who has experience with snagging properties then they will make the perfect companion. Alternatively, there are now companies who will carry out the snagging for you, for example Land Sterling offer snagging Dubai.
Things to Look For
There are two main considerations when snagging; the aesthetics and the functionality. Aesthetics refers to the appearance of the property and encompasses any cosmetic damage to the property. Functionality on the other hand concerns issues which impact the way the property ‘works’. For example, damage to the electrics which prevents lights from turning on or kitchen equipment from working would be a form of functional damage, if the fuse box is damaged but still working then this would be cosmetic or aesthetic damage.
Home builders and property sellers should be happy for you to examine the property in your own time, if at all possible you should check the property out without the seller or a representative present so that you can be certain that they aren’t trying to steer you away from any issues that they know exist.
When you are looking through the house you should be keeping an eye out for any defects but you shouldn’t go specifically looking for them. Even in a property in very good condition, if you look hard enough you will almost certainly find a litany of issues, most of which will be minor and easy remedied.
If You Find a Problem
If you find any issues then be sure to note them down, there is a specific format which you can use to make notes that will be helpful later on. You should make a note of the date, time, and which room you are in when you encounter any problems.
After you have completed your snagging you should then politely speak to the property seller; they may be aware of some of the issues, others they might not have noticed, in either case see what they offer in terms of remedying the situation before selling or offering a corresponding discount.
Snagging is an important part of buying a property. Identifying problems early on will save you a great deal of trouble and potential heartache down the line.