We can keep a normal inspection period and risk losing a third property, or reduce our protection to make the offer cleaner. Neither feels comfortable on an older Tokyo home priced at ¥158,400,000.
It presents reasonably well, but we are uneasy about hidden defects and a reference to building reserves. Would arranging an inspector before bidding, then retaining a narrowly defined right to act on serious findings, offer useful protection? If this is shared ownership, I also plan to request the reserve balance, planned works and current service charges. We need enough cash left for the move, the first mortgage payment, insurance excess and any urgent repairs.
It presents reasonably well, but we are uneasy about hidden defects and a reference to building reserves. Would arranging an inspector before bidding, then retaining a narrowly defined right to act on serious findings, offer useful protection? If this is shared ownership, I also plan to request the reserve balance, planned works and current service charges. We need enough cash left for the move, the first mortgage payment, insurance excess and any urgent repairs.