7 Common Home Defects that every Buyer should Avoid
Ensure that you get your money’s worth by making sure that you avoid the following home defects that buyers often overlook.
23/02/2022
Buying your own home is a huge milestone. This is especially true since buying a home is a serious commitment, and one should be smart with such an investment. Whether this be buying a house in the suburbs or in a gated community, or a condominium unit in the city or in near the beaches (check out Richwood Homes), investing in your own home is a big step that you should really be crucial about.
To make sure that you are getting your money’s worth, Action Properties advises to make sure that you avoid the following home defects that buyers often overlook:
1. Issues with the roof
Especially applicable for houses, or for topmost condo units or penthouse units, roof issues are often not seen largely because we tend to go around and check property listings in a good weather.
Buyers of condo units are still better off since the property manager would be responsible for fixing the exterior of the building, but for buyers of a house, then roof repairs would be additional costs.
2. Rotten Wood
Properties that have a lot of wood component may find itself having a problem in the integrity of their wooden pieces, especially if the property has been unoccupied for a while or has not been maintained well.
Be sure to do a thorough check in parts of the house that are made from wood and make sure that there are not significant damages that would otherwise call for a major repair. Of course, if the price is reasonable enough, it’s okay to cover some renovation costs – just be sure you’re getting your money’s worth.
3. Broken HVAC systems
A home’s heating, ventilation, and air conditioning systems is an important component that would cost a lot of time and money if you would replace everything. That’s why it is great to consider the condition the existing HVAC system of the home you are about to buy.
4. Electrical Issues
You should be thorough in checking for hazards when planning to buy a home. One area that should do a serious check on is in electrical safety. Older homes are more likely to have developed faulty wiring. Also check out whether your home will be able to accommodate the electrical load that comes with the number of appliances and devices that you have as older properties may not be able to readily support it so you may need some electrical work done.
5. Pests
When a property is opened for possible buyers, all sorts of flaws are concealed. Perhaps one that may surprise your later on are pests. Check out for signs of problems with pests, and ask for what pest control measures have been done in the house or is implemented by your property manager so you would not need to worry about pests later on.
6. Plumbing and drainage
Plumbing and drainage are some other aspects of a property that are often overlooked during oculars. Be sure to check for leaks, and that stormwater properly drains out from the roof and around the property. Detecting this later on would lead to additional costs that may have not been factored in the property’s price tag.
7. Neighborhood Problems
While this one is not really within the
control of the seller, the kind of neighborhood
you’re planning to be part of is something that
you should consider when buying a property. You
would want a neighborhood that fits the kind of
lifestyle that you have. Of course, you want to
avoid rowdy neighbors. You can only truly enjoy
your home if it is located in a neighborhood
that works with you.
Investing in a
property is a serious matter and you should be
meticulous in what you are getting into. Check
out every nook and cranny of your property
investment so you are sure that you are getting
your money’s worth.
Most properties are not
perfect, and some may even qualify as a project
home as it needs a major renovation. But if it
comes in a great location, and that the price is
reasonable, then let the project begin! The key
is to be smart with the price tag that your
investment has on it.