There
are many important criteria for choosing and buying a
residential property. The normal practice is to scan newspaper
advertisements and enquire about properties that seem to be
right. The location must be right and the price affordable.
The
list of unanswered questions is pretty long.
At the
back of your mind is a nagging doubt - have you made the right
choice? What about the quality of construction? Is the
builder's reputation in doubt? Are there any hidden costs? Is
the title of the land clear?
With so many questions and
their answers often going a begging, as a serious buyer you
cannot help but wonder whether there is or there can be a
system of assessing and grading properties.
In our endeavour to identify the assessment criteria for
residential properties, we have narrowed in on a number of
important aspects that are critical to property buyers. Our
list is neither exhaustive nor final. It is possible to revise
or add to the list depending on your requirement.