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Red Flags To Beware of While Shopping for a Home

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Curious if an inspection is needed for your new home? One way to avoid dealing with future unexpected repairs beforehand is to contact a qualified home inspector if the seller has yet to do so. Home inspections aren’t required by law while buying or selling, but either way, it’s a vital step in the lengthy home buying process. Professional home inspectors will give you the confidence you may need if there’s a doubt while buying your new home. If the cost of getting the property inspected is cause for concern, think of the common house issues that could impact you financially, emotionally, and even physically if left unchecked.

Cracks in the Foundation

As a first-time or even second-time home buyer, foundation repairs can be bothersome to any buyer. Small hairline fractures are typically normal in aging homes, but when it comes to large bulges or cracks in the foundation, things will need to be addressed.
Consider what kind of home you want and of course, your budget. Do you want a fixer-upper or something move-in ready?

Houses For Sale

Even if the dream house you saw online has great curb appeal, it’s a good idea to get an overview of the entire community. An in-person view of the neighborhood will aid you in developing a better understanding of whether or not the house is worth pursuing, and online ratings can give you a better perspective on the community’s features. If a community you’re looking at seems to be empty and even outdated, ask yourself these questions before getting stuck with long-term investment and more debt: How much house can I afford in this neighborhood? Are these houses losing or gaining value? Is this home going to cost more than it’s worth to fix than live in?

Aging HVAC System

An HVAC system is a vital component of your home. If failing or aging, it can be costly to replace. You can check its age by looking at the manufacture date marked on the backside. If the equipment is within the 10 – 15year mark, it may be a good idea to invest in a system replacement. A failing system can do more damage than you think, and it can start with something as simple as clogged air filters. If your system is still relatively new still proceed to keep up with regular maintenance to keep it in working order.

Pest Problem

It’s important to keep your eyes peeled for unwelcome creatures. Your home will be one of your biggest assets and you certainly don’t want critters such as roaches or mice at your bedside. Structurally, termites are the worst of them all. Unchecked termite damage could end up being costly when bringing in exterminators to control the damage.

A good rule to follow when considering homeownership is that if you see something, you should say something! It can be very easy to fall in love with your potential new home and become distracted from issues that could end up costing you thousands of dollars (or more) down the road.

Hidden Smells

Can you smell that? Where’s it coming from? Just like hidden home buying costs, there could be faint smells hiding in the house you’re considering. Odors can sometimes be masked by fresh lit candles or air fresheners during showings. Typical lingering odors can include gas, animals, cigarette smoke, mildew, sewage, and even mold within existing pipes. Other smells that’ll draw the attention of your inspector include smoky smells from ductwork such as an obstruction in a chimney. Sellers that try to cover these issues should raise an immediate red flag, as they might be trying to hide other major issues from potential buyers.

Bottom Line

Buying a home is expensive, yet exciting!. It’s best to keep your options open and your finances safe during the home buying process. Don’t hesitate to connect with the correct people to give you the best advice on buying your new home. Cutting corners or simply not keeping an eye out for potential repairs can hurt in multiple ways down the road. During the very beginning of wanting to join the housing market, make sure you consider getting a home inspection, as well as what might happen if you don’t.

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