Buying A House? Avoid These Red Flags

Buying A House? Avoid These Red Flags

11 January 2020
 Categories: Real Estate, Blog

If you on the hunt for a home for your family, it is important that you perform your due diligence to ensure that you are a good home. While you may be impressed with the home's initial looks, you must go beyond the façade to see if there is anything lurking that could cause potential problems later down the road. Here are a few red flags to keep an eye out for during your house hunting journey.

Foundation and/or Structural Issues

Issues with the foundation or structure of the home can cost quite the pretty penny, which adds on to what you are already paying for the home. Pay close attention to the grading of the yard. If you notice that it is sloping towards the home, there is a good chance that water and moisture may wind up in the basement or seeping into the foundation walls, resulting in them weakening over time. Check for cracks and bulges on door frames and walls, as these are signs of a foundation that has been compromised.

Electrical Problems

It is important to examine a home's electrical system before you purchase it. Note whether the switches and outlets are working. Also take note of any flickering lights or burning odors. Locate the circuit breaker and assess its condition. If you end up needing to overhaul the wiring system because it is outdated or worn out, you are going to be set back a decent amount of money—far more than you would like.

Infestations and/or Mold

It isn't uncommon for a home to become the victim of pest infestations or mold, so make sure to find out if there have been any prior incidents. Look for any signs of infestations or mold growth, including unsightly stains, rotted wood, foul odors, and hollow-sounding areas. Remediation is yet another added expense that can get costly in the event that you purchase the home.

Lack of Maintenance

Keep an eye out for any amateur repairs that have been performed on the house. While some do-it-yourself projects are fine, if the homeowner is unable to complete them properly, it can have a negative impact on the home itself. So, look for flimsy repairs, uneven coats of paint, and missing parts, as these are signs that the home may not have been properly maintained.

If you are looking for a home to purchase, the aforementioned red flags can save you from purchasing a house that you will have to sink a lot of money into. Contact a real estate agent in your area for help in finding good real estate listings for your consideration.