How exciting …you’re buying your first home!
The life-changing event of purchasing a new home can be both exciting and overwhelming. With homebuyer horror stories of houses plagued with mold, leaky roofs or worse, it's no wonder some homebuyers get cold feet. As a prospective home buyer, you can save yourself a lot of headaches by taking emotion out of the home buying process and look for those red flags that can cause you problems down the road.
It’s easy to overlook problems in a home when you become emotional and overwhelmed with feelings that it’s your dream house and you have to have it. This could lead to facing more significant problems after you sign on the dotted line.
Before you make up your mind to buy, it’s important that you detach yourself from the house and look for potential problems that could ruin the home buying process.
- Some of the most important things you should be aware of when viewing a home are the conditions and ages of such items as the hot water heater, furnace, and roof. You should also pay attention to the foundation of the house and look for structural problems.
- Foundation issues are costly to correct, so pay close attention in the basement to see if there are cracks or crevices that indicate structural, foundation problems. If there’s no basement in the home so you can look for issues, check the door frames in the home.
- Check to see if the doors close properly and are aligned as they should be. If not, you could have structural problems. If you suspect any issues involving the foundation, hire a structural engineer to perform an inspection on the home.
- Pests and insects can also become problems after you move in. Wood-destroying insects can severely damage a home and cost you thousands of dollars to repair. Pests to look for include carpenter ants, termites, and powder post beetles.
- Note if fresh paint has recently been used to hide a small portion of a wall or ceiling. Although some people may paint an entire room to freshen it up before selling, small sections of fresh paint may be cause for concern.
- A foul odor in the home or super sweet smells indicating that a cover-up scent is being used could also be a red flag. Take notice if there are plug-in air fresheners, candles and other items that indicate a bad odor could be present.
- Electrical issues may be a problem – especially if the home is older. Some older homes still have knob and tube wiring which can trigger a problem – and some have old electrical panels that still use fuses. Check out light switches, outlets, and lights that flicker when turned on.
- Don’t fall in love with the home until you’ve checked out the neighborhood. When there are many homes for sale, or you notice that residences or businesses have been boarded up, you could risk putting lots of money into a bad investment.
- There should be no rooms in the home that you can’t enter, but if there are and you really like the home, ask to see those rooms later. Windows that appear foggy might indicate water between the double-paned windows. Also, test the windows to be sure they open and close properly.
As a first time home buyer, it’s important to look for those red flags – but be sure and hire a home inspector to look for any problems you may not have seen.
If you’ve found yourself in the first time, home buyers club give your Lexington, SC Realtor a call and let us help you through the home buying process.
Weichert Realtors – Caughman Company | 120 Ellis Ave Suite C |Lexington, SC 29072 | 803.622.4596