Surveys
IAP always recommends when buying an existing property to have a survey done on the property and when buying direct from a developer to research the developer. After contracts have been exchanged is not the time to be discovering that the foundations are weak and the roof needs replacing! When buying direct from a developer, the developer can be researched through his records office and the local chamber of commerce, and buyers should consider visiting some of the developer’s other completed properties. There is no shortage of horror stories of developers going bust and taking their buyers money with them. When locating properties for its clients, IAP requires developers to take out developers insurance before doing business with them.