6 Home Buying Warning Signs You Can’t Ignore
When you’re buying a home, it’s easy to let your heart conquer your head. The property might be in the perfect location, have the exact number of bedrooms you’re looking for, and maybe even that dream fenced yard. However, you have to guard against falling in love with a house until you’re sure none of the following 6 warning signs are going to cause trouble for you in the very near future.
Home Buying Warning Signs
1. Bad Plumbing
Although water-logged floors and stains are dead giveaways for a bad plumbing system, problems are not always apparent to the naked eye. It is worthwhile to hire a plumber to conduct a sewer line and septic tank inspection to ensure you won’t have any catastrophes down the road. Mold is also a serious and expensive issue caused by problems with the plumbing.
2. An Outdated or Damaged Roof
It’s imperative to check the condition of the roof. Ideally, you will have paperwork from the current homeowner letting you know the exact age of the roof, and any warranties it has. Stand in the street and do a visual check for loose shingles or any signs of wear and tear. Obviously, any warning signs of leakage that is detectable from the interior is a red flag.
3. Zoning Restrictions
While there are many things you can change about a house, zoning is usually not one of them. If you plan to do any renovations or make any additions, be sure the zoning laws allow for your dreams to come true.
4. Bad Electrical System
An old, outdated electrical system is more than just a nuisance. It could be a fire safety issue. When viewing a home, have a look at the breaker box and visually check for any exposed wiring. Never touch any wiring yourself, leave it to the professionals. If you are looking at an older home with aluminum wiring or old tube wiring, get an estimate from an electrician on how much it will be to replace before you make an offer on the house.
5. A House In A Flood Zone
Another thing you simply won’t be able to change is whether a house is in a flood zone or not. To find out for sure, use this handy tool from FEMA. Enter your address or coordinates into the search bar, and it will bring up a local map that shows you whether the property is in a flood zone or not. If so, it’s not the end of the world, but you have to budget flood insurance into your costs.
6. Strange History
Did something eerie, creepy, or illegal happen in your potential home? It’s best to try to find out these warning signs before you buy. Realtors will disclose any strange occurrences they are aware of that took place on the property. Laws regarding how much the seller has to reveal vary by state, but you can ask your realtor to get specific information for you. You can also type the address into newspaper databases and online crime websites to find out if your home has any unsavory history. Then you can make an informed decision about whether that matters to you or not in the long run.
Getting your potential home inspected by a qualified inspector should be your first step in the process. He or she will find any problems or warning signs so you can go into the negotiations knowing everything there is to know about the property.
Looking for your dream home in gorgeous Southwest Florida? We will help you through every step of the process, so you can avoid the red flags that can turn the home buying experience into a nightmare. Talk to one of our experienced agents today.