The moment we buy a home is a momentous occasion. However, because we are eager to make the purchase, we sometimes fail to notice see the various defects of a property. As much as you may feel that a certain property has stolen your heart, if it exhibits a number of red flags, you should leave it behind. Let’s review a number of these red flags.
First, inspect the neighborhood. Are there many homes for sale and many boarded up shops? Talk to your potential new neighbors and ask what the area is like. Have a look at how the land is shaped. If the land slopes downwards towards the property, there is a chance that the foundations have been or will be damaged by flowing rain water. You should also look into whether there are any weird smells in and out of the property. Bugs and insects are a bad sign as well. This is also something to ask others in the neighborhood about as they are likely to know all about past insect, rodent or other pests problems.
You are now ready to see whether the property was looked after properly. Check the property for maintenance as well. A home that is run down on the outside will probably be in a similar state on the inside. Always look at the wiring too. Although you probably won’t be able to identify all of the problems yourself, some red flags are easy to spot. If lights flicker or outlets are warm, there is a chance that the wiring is faulty. If you notice that only a few of the walls have been painted recently, it is possible that the owners are trying to hide something. Next, look closely at the windows. Look at whether the windows have mold or condensation or are hard to open; this could be a sign of expensive problems.It goes without saying that if there are any rooms that the sellers don’t want you to see, you should avoid the property completely. If there have been any structural changes to the original property, you need to check whether these were done in accordance with various building regulations.
At the end of the day, you should never purchase a property that you haven’t had inspected professionally. With the information above, you should be able to tell whether or not you might want to hire a professional inspector, or whether it is a clear no on the purchase. 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 make sure you listen to professional inspectors’ advice. Home inspectors will tell you honestly whether or not a certain property is worth investing in.