When buying a home, there are a plethora of documents to go through. And guess what? That plethora also consists of the Homebuyers Report, one of the fundamental survey papers that helps you with informed decision-making.
But do you know how to analyze this report, or what is the right way to extract the survey insights from these reports? Well, if you are unaware of it, or you need proper guidance to read through the lines, this article is for you. It covers the different aspects of the interpretation and decoding of Homebuyer surveys that you can incorporate into your normal routine for understanding and clarity.
So, before delaying it further let’s get into the guide to reading these survey reports with ease
Read the Scope of the Survey
The Homebuyers Report comes with an introduction, and this introduction covers the scope of the survey. In simple words, it outlines the purpose of the survey, and what the team has done on their behalf to inspect the building. So, the first step of reading, or understanding a home survey report is to understand the scope of the survey.
It helps you understand the extent of information shared in the report, or the areas of inspection the home survey team covered for you. Also, when you read the outline, it gives you a roadmap for the rest of the report, so you don’t need to ask anybody else about what is inside it once you can read the introductory paragraph of the survey report.
Pro Tip: At Surveying People, we summarize the survey report in the introductory paragraph helping customers understand the score before going into details.
Go Through Conditional Reporting
The next thing to take into account after reading the survey scope is to move toward conditional reporting. It is the plot of the survey report, and based on this plot readers can conclude their decision of buying or selling a home.
Conditional reporting is basically the property health check, where the home is lined with one of the colors of the traffic lights. The three colors in this report indicate the following findings
- Green: It tells you that the home condition is best in all terms. There is no major damage, or repair alert.
- Amber: It indicates the presence of issues in the building, but they could be repaired over time.
- Red: It is an alarming sign or an urgent call for damage fixing, and building repairing. Also, it is a sign for further investigation for detailed analysis of the building.
Pro Tip: At Surveying People, we mark the danger areas with red, and keep it green or Amber when the home condition is perfect in terms of construction and other checkpoints.
Check Out Structural Issues
The Homebuyers Report comes with a special section on structural issues. It covers the major structural problems, like cracks in walls, or other serious issues of the building. So, while going through the survey reports, it is important to check out the structural wear and tear of the building.
If it highlights some major concerns like cracks, water leakage, or anything like foundation concerns, consult with the survey team now. It would help you know the extent of the issue or will make it easy for you to decide between buying and selling right away.
Pro Tip: At Surveying People, we offer a complete guide along with structural mentions to help our customers with informed decision-making.
Read the Suggestions
Another section of the Homebuyer survey is the suggestion section. It highlights the concerns, the possible structural and construction changes, or the recommendations that can improve the overall condition of the house.
The best thing about this section is the professional advice that comes your way. You can follow the advice to make relevant changes or improve the overall condition of the building with little makeover.
Pro Tip: Our surveying team at Surveying People is equipped with knowledge and experience to suggest customers with specific building recommendations. So, you can trust our reports to make positive changes in your homes for comfortable living.
Take the Decision
The Homebuyer Reports are the in-depth inspection details of the building. They cover every inch of information from one brick to another, helping customers with decision-making. So, the best way to analyze this report is to go through each section one by one after checking out the report outlien. After reading, and going through all the sections of the Homebuyer Report, it is time to make calculations and make a decision. So, to get insight while reading the report, follow the above tips for the valuable purchase or selling of a house.
