The process of house hunting can be very exciting but also exhausting at the same time. You might easily fall in love with the best features of a house; however, it is very important to also be vigilant and watch out for warning signs. These red flags might be able to stear you away from much trouble down the road.
Remember that not all sellers disclose the whole truth to potential homebuyers, especially the motivated sellers. With that said, you need to figure out if there are any problems and issues that might prevent you from closing the deal. This means making inquiries and proper inspection of the house. Discovering flaws might help you negotiate with the selling price. It also helps you consider how much the potential repairs are going to cost you. Lastly, it allows you to decide whether you want to live in the neighborhood and in that house.
Red Flags You Should Watch Out For
There A Lot Of For Sale Properties In The Neighborhood: Just because the house looks exceptionally appealing doesn’t mean that you shouldn’t look around the neighborhood. Are there other houses in the area? Are there a lot of homes for sale? Are nearby establishments closed or vandalized?
It is also a good idea to talk with residents in the neighborhood. If most of them want to move out of the area, maybe you shouldn’t even think about moving in. Properly weigh your decision before you are stuck with a bad investment.
The Roads Are Too Busy: When evaluating a property, you must also find out how busy the road is. As a tip, you should visit the house during rush hour. In doing so, you will be able to observe what the roads are like and whether you can still find a parking space for your vehicle. In addition, you should also check whether you can hear traffic noise inside the house. If you can hear car engines, honking, and other noise from the traffic, you might not enjoy a peaceful and quiet home environment.
Non-Functional Electric System: Although you are not a professional electrician, you should still make sure that all the switches and outlets in the property are functioning properly. You should watch out for signs of wiring problems, such as flickering lights, warm outlets, and non-functioning circuits. Other things you should take into account are the following:
- Can you easily understand how to operate the fuse box?
- Is the neighborhood prone to power outages?
- Are there enough outlets in the property?
- Are the outlets placed in preferable places throughout the house?
Improper Home Improvements: Home renovations are not uncommon; however, if the house has been renovated poorly, you might encounter problems in the long run. For instance, if you notice that the previous homeowner removed a load-bearing wall without properly adjusting the framing, the weight might shift to other parts of the house. As a tip, bring a structural engineer with you when visiting the property, and if you believe that the house has been renovated in the past.
Infestation In The House: No one wants to live in a property with a pest problem, be it termites, roaches, mice, or bedbugs. With that said, you should be on the lookout for creepy crawlies as your visit and tour the property. Check for any signs of infestation. In addition, you must also consider a termite inspection if you are thinking of purchasing the property.
These are just a few of the red flags you should watch out for when house hunting. Remember that you might spend more money and face potential headaches in the long run if problems inevitably occur. Therefore, you must perform a house inspection first, and look around the neighborhood as well. These may sound tedious; however, it is worth it in the end.
This guest post is written by Kris Hopkins. She is a blogger who offers house hunting tips and tricks. In this article, she lists a few warning signs to help her readers learn more about what to watch out for when buying a house.
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