When someone tries to sell their home, they do not always tell the whole truth. It is unfortunate that if you were to hire a professional inspector for each viewing, it would get incredibly expensive. 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.
First of all, you must be wary of the “fixer upper.” Many people are interested in these properties because the price is so low. Many times, we believe that we can fix the problems ourselves. However, you are likely to find that only qualified professionals are able to actually fix the problems. The fees of these professionals may be much higher than you had expected. You should also be wary of properties that have had DIY fixes. People may have done a really good job, at least cosmetically, but the reality is that it may be saddled with problems.
There are also a number of things that can cause a lot of damage to a property that are almost irreparable. Make sure you check for signs of the presence of water damage, pest damage, asbestos, mold and faulty wiring. The issue is that identifying these types of problems can be very difficult. It is possible that the present owners do not even know that these issues are there. Those home owners that do know the issues are there will try to keep them hidden. In order to hide these types of issues, all that needs to be done is a bit of cleaning and reducing how much power is being used. In order to find out whether these issues are present, you will need a professional home inspection; but you can also speak to community members. Unless they are selling themselves, they will generally be happy to tell you whether there have been problems in the past. It is safe to say that most major problems like pests, water damage and mold will occur in more than one home.
After all is said and done, only you can truly decide whether or not you want to purchase a home. However, you should always exert due diligence. Never purchase a property that you haven’t had professionally inspected. If you do find a property has significant issues, you have the option to simply walk away, or you can try to have the price decreased to compensate for this. However, always be careful that you do not get tied into a money pit.