Buying a new home is one of the largest investments you’ll ever make. But after many months of house hunting, stress, end excitement the payoff is well worth it. That is if you’ve made a good decision.
Hunting for a new home is a great, overwhelming responsibility. That is why you have to make sure you’ve made sure everything is in order before you sign the line. Even if there is a problem, it does not necessarily have to break the deal. But you have to know if repairing the issue in question still makes financial sense.
In this article, we’ll make a short checklist you should go through before buying a home.
Before you even consider the interior, no matter how shiny it may look, you should first check out the state of the roof. Does it look brand new or is it showing years of negligence? Roof repairs can be very expensive, which makes all the difference when calculating the final price. On the other hand, a new roof is better equipped to protect you and your interior from severe weather conditions like hail or wind.
When looking inside the home, don’t get bedazzled by the brand new paint job. Instead, focus on any structural flaws like loose electrical wires or worn out appliances. People selling their home try to mask large issues by painting the home and adding impressive décor. But that won't mean anything if everything else is slowly collapsing.
The Heating and Cooling
The heating and cooling systems are among the most expensive items in a home to replace, which is why you should make sure everything is in order. You need to know you can rely on your furnace once the winter sets in. And to be able to do that, the previous homeowners should have had the furnace frequently maintained by a professional. If not, the cost of repairing the furnace might put a significant strain on your budget.
When looking at the kitchen or the bathroom, look what’s underneath as well. If the plumbing in the home you’re interested in buying, you could be facing huge remodeling costs as you’d have to tear half the walls down so you could replace the faulty plumbing. You should also check for water damage, persistent leaks or mold.
Don’t just focus on the house, but inspect the area surrounding it. Learn if the neighborhood is prone to wildfires, flooding or other disasters. Do you share the driveway or are there fences. It’s a lot to add to the already long checklist, but you’ll want to make sure you’ve got the most important ground covered.
Does it Smell Funny?
Did you smell anything peculiar and unpleasant like sewage or gas when looking at the home? If so, you might want to check if the smell is just a symptom of a bigger problem and if that problem can be resolved.