Home sellers don’t always give you the full details of the property they are trying to sell. Sadly, most of us cannot afford hiring a professional inspector for each property that we view. But don’t worry because a potential buyer like you can do a bit of inspecting yourself and here are indicators showing what house to avoid buying.
The first thing is that you must get to know the neighborhood. It cannot be underestimated how important it is to check on this. Look into whether the community is growing and thriving, or whether it is declining. Signs of decline include numerous boarded up businesses and foreclosed homes. Also make sure that you visit the area at different times and on different days. This is also a great opportunity for you to get to know the traffic. Don’t forget to schedule one evening visit, to see whether there is nuisance on the streets at night. Speak to the police and ask for statistics on local crimes.
Then, you must look into historical problems that may have caused problems that simply cannot be repaired. Some of these issues include water damage, pest damage, asbestos, mold and faulty wiring. Sadly, in order to see these problems, you may require quite specialized skills yourself. It is very much possible that the sellers don’t know these problems exist. Those home owners that do know the issues are there will try to keep them hidden. It is incredibly easy to hide these significant issues through simple things such as cleaning and switching the power off. To find out whether these issues are there, you can organize a professional home inspection, but you can also speak to community members. They will quickly tell you whether any of these problems have occurred in the area in the past. Usually, problems like pests, water damage and mold don’t occur in just one home.
The bottom line is very simply that a home should never be bought unless a professional inspector has given you the green light. The information above, therefore, is not designed to help you decide whether or not you want to buy, but rather whether or not you want to have it inspected. If there are any existing problems, you may want to consider not buying the property at all, or asking for a very significant discount as you will have to invest in the repairs sooner or later. Do also consider the opinion of your home inspector. Home inspectors will tell you honestly whether or not a certain property is worth investing in.