Home Buying Warning Signs That You Should Never Ignore

Architect Showing New House ProjectHome hunts are never easy. There are literally millions of things that you should consider, assess and re-inspect. Nonetheless, this doesn’t mean that the whole process has to be tedious. On the contrary, with just a little bit of attention to detail and the expert guidance of your realtor and your professional home inspector you could close a deal in no time and avoid costly mistakes. Speaking of wrong steps that could dig holes in your budget, here are 3 deal-breakers that you should always be able to spot and address during your home buying process.

An Old, Deteriorated Roof. How old is the roof of your home? Is it still in excellent condition or does it require urgent repairs or replacement? Before deciding to buy a certain Californian property, don’t forget to check the roof. Are there any missing shingles? Inspect the existing gutters to find out whether or not the drainage system is fully functional. You could evaluate the overall condition and quality of the roof’s shingles on your own; nonetheless, it wouldn’t be a bad idea to hire a roofer and ask him to perform a more thorough inspection. Roof replacement will cost you a lot of money (anywhere from 10,000 dollars to 30,000 an up, depending on the size and style of a house) and can turn areal bargain into a lousy deal.

A Zero-Upgrades Policy. At this point, you are counting on a very tight budget so you basically have to love your potential new home as it sits. But things may change in the future. In the sunny state of California you could strike gold by getting the job of your dreams or finding a new way to supplement your income. This means that you could afford a fourth bedroom or a fantastic outdoor kitchen. This sounds like a solid plan, but are you actually allowed to give the green light to this kind of upgrades? There’s only one way to find out: check with your local municipality. This way you could discover potential restrictions that may go against your planned remodel work. A low or inexistent renovation potential would definitely lower the resale value of your property and force you to cancel your expansion/beautification plans.

A Faulty Plumbing System. Plumbing systems are the guts of your home. Despite the fact that issues associated with plumbing elements are often less visible, they can lead to severe consequences in the long term. Just think about it: potential leaks could cause mold contamination, sagging floors and gross water stains. Ancient septic tanks are another aspect that you should focus on. In some parts of the U.S. sewer lines haven’t been replaced or updated for at least one century. Ask a plumber to assist you during the home inspection. If you identify faulty sinks and toilers don’t hesitate to ask for a considerable price reduction. Major overhauls in this department could also indicate that it’s time to start looking for a different for sale property.

Sep 2014