Red Flags for Home Buying

Sellers don’t always disclose the whole truth to potential homebuyers, especially if they’re eager to sell (or “motivated” in real estate lingo). But you can’t afford to get a professional inspection of every house you tour. So before you spring for the pro, narrow down your choices by doing your own pre-inspection to spot potential problems.

  1. Mass Exodus From the Neighborhood
    Don’t let a home’s curb appeal keep you from glancing down the street. Are there several other homes for sale? Are nearby businesses boarded up or vandalized? Get the scoop from the neighbors. If everyone else wants to leave the street, maybe you should, too. Just do it before you’re stuck with a bad investment.
    How to choose a neighborhood
  2. Mediocre Maintenance
    Three layers of roofing and gutters with plants growing in them are signs the owners aren’t big on maintaining their home. What else did they neglect?
    Signs of poor home maintenance
  3. Foundation Failures
    Check out the yard grading. If the yard slopes toward the house, it could cause water to run down the foundation walls or into the basement, which will be costly to repair. Scour the foundation for damage. Bulges or cracks bigger than one-third inch can mean the house has serious structural issues.

To learn more go to:

http://www.hgtv.com/design/real-estate/top-10-red-flags-for-homebuyers