The process of hunting for a home requires a great deal of attention to multiple factors. The value of real estate is largely dependent on the presence or lack of certain characteristics. Knowing what is most important and what should raise a red flag is crucial when you're looking to buy a new home.
The condition of the exterior of a home is a principal deciding factor. There are many different issues to watch out for when observing the outside of a house.
A property inspection should be one of the first things that you complete when an offer is made on a home. Land that slopes toward the house may indicate poor drainage, which could lead to flooding. HGTV relayed that poor drainage could be responsible for future water damage to crawl spaces and basements, and even the water soaking upward from the foundation could cause wall destruction. These damages can be very costly, and installing preventative measures and dealing with the consequences can be expensive. Ensure that the property slopes away from the home itself.
Rotting wood on the exterior is another factor to look out for when viewing a house. Water is often the culprit when it comes to this condition. While you may be able to repair wood rot, the damage may be persistent and wind up costing you more time and money than what you would like to spend.
A pest inspection is another process that should be incorporated when considering the purchase of a home. The trouble of insect or vermin infestation might be due to poor roofing, windows or doors. Unwanted guests may be able to easily enter a home through holes and gaps that allow them inside the house. These issues can easily be remedied, but you should be aware of the complication if it is at hand before you agree to buy. U.S. News and World Report suggested checking for termites and other bugs, especially if you are looking at an older home.
Also, investigate whether windows are specifically designed for the weather conditions in the area. If the region that you are looking is especially cold during winter, windows that are intended to better keep the cold out and the warm in are a more economic fit.
You should be fully aware of the condition of the interior of a home you are considering. Evaluate the quality of flooring, ceilings, insulation and proper ventilation.
Check for water damage and improper installation if there are hardwood floors. If the home is carpeted, be on the look out for stains or low-quality carpeting. If you are hoping to replace the flooring, remember to factor this into your homebuying budget.
Watch for signs of mold, mildew and water damage on ceilings and walls. The U.S. Environmental Protection Agency reported that mold produces allergens and other irritants which can lead to health issues. The infestation of mold may also instigate asthma attacks for those affected by the condition. Mold control can be achieved through regular cleaning. However, the trouble will not completely cease until the responsible water or moisture complication is remedied.
Test the water pressure and whether there is any discoloring by turning on the different faucets in the house. Also, look at the hot water system and ensure that it will suffice for your family's needs. Realestate.com indicated that an unpleasant smell, a noisy heater, rusty colored hot water or low hot water pressure may mean that you will need to replace a system.
When viewing a house, also check to see if there are a sufficient number of outlets available in each room and that the fuse box is easy to operate and understand. This will add convenience to your purchase if you decide to move forward with the sale.