Problem Areas In Homes For Sale That Potential Buyers Should Look Out For

Posted on: 24 April 2016

If you are on the market for a new home, you are probably starting to realize the range of homes for sale. Whether you are looking for a fixer-upper or a home that is move-in ready, it is important to really take a hard look at a home you interested in. Here are four common problem areas that potential buyers should keep an eye out for at open houses.

1. Water Damage and Underlying Causes

If a home has a leak from the roof, windows, or plumbing, a seller may try to hide the evidence before showing their home. Even if water damage is covered with paint, you can look for warped wood and plaster around windows and ceilings or leaks under cabinets. Make sure to take the time to try to uncover any damage that looks like it may have stemmed from a leak. Have your inspector or real estate agent weigh in on causes and potential damages as well.

2. Bad Odors in a Home

Sellers may try to mask smells coming from pets or mildew when showing their home, rather than taking the steps to eliminate the problem. This can be easy to do at an open house with opened windows and potpourri to mask any smells. If you think there might be an odor issue going on, come back a different day when the home has been closed up for a bit.

3. Neighborhood Issues

It can be hard to pinpoint if there are any neighborhood issues, especially if open houses are held on weekend afternoons when a neighborhood might be at its best. If you can strike up a conversation with neighbors, they might give you a sense of the neighborhood. It is a good idea to come back to a neighborhood during rush hour and at night to assess noises and nuisances.

4. Energy Efficiency

It can be hard to pinpoint what will make your power bill sky rocket when you move into a new home, but do take a look at the appliances and HVAC system. While you might not know the exact age of items yourself, a home inspector or even your real estate agent may be able to help. Be prepared to replace older items when you move in, otherwise you might shy away from older electrical components that aren't energy efficient or move-in ready.

As a potential buyer, it is important that you do your homework and don't fall for a home before you really investigate if this is right for you. By vetting a neighborhood as well as internal issues that might be going on, you can go into your purchase with open eyes. While there will always be surprises in a new home, try to work with your real estate agent when looking at houses for sale to understand all of the potential pitfalls.

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