Purchasing a home is probably going to be the biggest investment that a person will make in his or her lifetime, according to the Local Records Office in Norwalk, California. The buyer will need to know what to look for when buying a home to ensure that the money will be well spent. It helps to work with a real estate agent who knows the community and can find a home inspector that will give the buyer precise details.
However, there are five things that one needs to look for when visiting a potential home for purchase according to the top real estate agents. This can help the potential buyer shape his or her opinion of whether the home is a good investment or not.
#1 – The Location
The location is number one for a reason, the location is something some people over-see. Homebuyers see a good deal and they want to take it before they look around the neighborhood. Selecting the right neighborhood is crucial when buying a house. The neighborhood needs to be right for the people who are going to move in and the children who might come along in the future.
#2 – Check the Roof
When the buyer steps out of their vehicle, he or she should take some time to look at the roof first before going inside. This is because the roof protects the home from the elements and needs to be in good shape. So, when looking at the roof, look for the following indications;
- Uneven Roof Line: Indicates that the roof is old and maybe caving in
- Displaced Shingles: Leads to water leaks and damage
- Noticeable Cracks or Separations: Will need repair or replacement soon
- New Roof: This means you will not need a replacement for a while
- Metal Roof: A good investment as it lasts for at least 50 years
Take everything you notice into account when looking at the roof so that the buyer can calculate your offer.
“When buying a house for the first time it can be a long process but at the same time, it’s exciting. There are things that only realtors know what to look for when buying a house. You don’t have to hire the best real estate agent to get the best deal on a house,” says Jesse W. Brooks, a real estate agent from Los Angeles, California.
#3 – Look Around the Property
After looking at the roof, check out the front and back yards. Focus on the fences to see if they are properly set. Look for areas where water may pool during a storm. Plus, look at the surrounding area to see if it might be vulnerable to some type of natural disaster that occurs with some frequency in the area. Look for anything out of the ordinary or unusual and note it for future reference.
#4 – It’s the Structure, Not the Contents
Many homes have interiors that need new paint, have loose wires, and appliances that are aging. All of these things can be replaced or repaired quite easily. Buyers are looking at the foundation and the structure of the home itself. If the walls, floors, and ceiling are sound, then the home is in good shape. However, a home inspector will do the up-close work of inspecting the structure, so wait for their report.
#5 – Up to Date Furnace or Central Air System
The heating and cooling unit will also be one of the most expensive items in the home to repair or replace, so be sure to check it out. The central air and furnace will need to be up to date, although they do not have to be brand new. Check for signs of aging and listen to it when it comes on if possible. Use this time to also see if the home needs new insulation as that will add to the heating and cooling bill.
#6 (BONUS) – Inspection
Finally, if the potential buyer is serious about buying the home will need to be inspected by a properly licensed home inspector. They will do the detailed work that will let the buyer know the overall condition of the home itself.
Taking the big step from renting to buying is by far the toughest decision many families have to face especially with the 2020/21 COVID-19 pandemic. Families are losing their jobs and being evicted everyday for not being able to pay rent each month. The Local Records Office predicts that apartment rental prices will continue to drop will evictions will continue to rise. This is why buying a home is more important than ever before.
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