When it comes to real estate, the best properties will always be those that have passed the test of building inspections, also known as snagging. The elimination of surprises, the assurance of quality, and the resulting trust in the foundation are important factors that determine your happiness with the property. Therefore, unless you have your new building thoroughly inspected for potential snags, you will not only be missing out on a primary step that ensures satisfaction, but also one that ensures a significant return on investment (ROI).
Property inspections have always been a standard procedure that have been treated as an asset for the buyer but a liability for the developer. With such realities, sellers aren’t as motivated as buyers to carry out inspections thoroughly. Furthermore, the Dubai Real Estate systems are known to request only the basic condition reports when protecting a property investment or mortgage. There isn’t an emphasis on conducting a thorough investigation that could reveal lapses in the plumbing system, the electrical layouts, the water supply, etc.
This implies that any shortcomings that exist unbeknownst to the developer or the seller will eventually go unnoticed until it gets out of hand and threatens the total ROI. The only way to protect yourself from potential pitfalls in your new property is by looking for and hiring the best professional snagging company in Dubai.
Hiring a snagging company in Dubai requires you to evaluate them for certain qualities and features that can deem them a true professional. Here’s what to look for to ensure your rightful ROI:
Experience
This means viewing their track record, checking for references, and experience with residential constructions. How established and knowledgeable do they appear?
Remember: True experts seldom flaunt themselves.
Coverage
Here’s a primary question to ask snagging companies: “What is and what isn’t covered under your snagging inspection?”
Sometimes snagging companies specialize in certain fields like plumbing and electricity and also keep clear of other systems, like home-alarm systems. You could always ask for a sample snagging survey so you can see exactly what’s covered.
Format
Speaking of sample snagging surveys, it is necessary to understand the format the company provides its survey in. Some may just provide a written report while others may include photos of the defects to share with the builder.
Details are important when it comes to asking the builder or developer to foot the bill for repairs.
Conflict of Interest
Snagging companies are well networked with developers in the construction industry. Conflicts of interest can arise if your snagging service also works for your particular builder or developer.
A shared interest in purchasing a solid home is equally important in the snagging company of your choice.
Future Snags
Snags can be minor, intricate, and tough to spot. As a result, the first sweep may not entire reveal everything. To protect yourself against re-snags, find out if your snagging company includes the price of future inspection, if or when necessary. Some companies may require you to pay separately for this.
Remember: True professionals are always transparent with their pricing.
You cannot put a price on the security of an inspected home. Using these points will help you ensure your rightful ROI from a snagging company in Dubai. The best snagging experts are experienced professionals who have a passion for reliable living spaces.
