4 Tips to Buying the Right House
4 Steps to Buying the Right House
Buying your first home can be a very exciting and rewarding experience. However, if you buy the wrong house, it can become a very regrettable decision. There are far too many horror stories about eager homebuyers discovering terrible flaws in their new homes.
There is still hope for the prospective homebuyer. With a few simple steps, you can be sure that you are buying the right house.
Investigate the Neighborhood
One common disappointment homeowners discover about their new home is that the location isn’t a great as they assumed it was. Some learn that they really dislike their neighbors. Others discover that the parking on their street is way more crowded than they would like.
There is one easy method to determine if this neighborhood is the right one for you. All it takes is a little research. Spend some time in the neighborhood. Meet the neighbors. Ask them what they think of the community and the house you’re buying. This method can allow you the opportunity to see if you’ll like your new neighbors, as well as help you to get some more information on the house. You might even learn who you can rely on to borrow tools in a pinch.
To understand the complete parking situation of your new neighborhood, make sure to visit the area on a typical evening during the week and on the weekend. This will help you to see where everyone is parking when they are all at home. If there are any potential parking conflicts in your neighborhood, then you will know about it before you’re stuck with the house.
Get a thorough home inspection
A second source of home buying regrets are major problems with the home that aren’t discovered until well after the purchase. These issues range from termite damage, mold, or foundation problems. These problems are often very expensive to repair, and can drastically reduce the value of your home.
The best way to avoid these issues is to get a thorough home inspection. A good home inspector will catch any potential problem that you may have with the house. They will crawl under it, and crawl through the attic.
The inspection should also include an examination of the home’s plumbing, heating and cooling, and electrical systems. Every aspect of the home will be evaluated against a set standard of quality to ensure that the home is safe and maintains a value consistent with the cost of the home.
Get a Radon Test
Radon is a radioactive gas that is virtually undetectable by average people. It is colorless, tasteless, and odorless. However, it is the second leading cause of lung cancer in the United States, behind smoking.
Radon is believed to kill 21% more people than drunk driving in the U.S. alone. One in five homes are estimated to have elevated radon levels. Symptoms of radon exposure often do not show themselves for up to a year. This is a potential threat to the health and safety of you and your family.
The Environmental Protection Agency and the Surgeon General both recommend that every home should be inspected for radon below the third floor. Getting your home tested for radon by a professional radon inspection company is the wise decision.
Don’t be afraid to walk away
Once you have completed the first three steps, you’ll have a good idea of what issues your potential new home may have. Some of these issues may be very expensive. The importance of following these steps prior to closing the deal are the key to ensuring you’re buying the right house.
All of these problems equate to either added cost and headache to the home. Once you have a clear picture of what the home needs, you can decide if the home is worth the extra cost. If you believe that the home is worth the extra effort, then proceed to closing.
The Grumbles Team's Mike Grumbles is The Relocation Engineer in Franklin, Tennessee 615-587-5843.
EXIT Realty Music City | 725 Cool Springs Blvd. Suite 201 | Franklin | TN | 37067 | 615.807.1204 Each EXIT Office Independently Owned and Operated