• Heating and Electrical: Ensure the HVAC system is functional and the wiring isn’t outdated.
The Exterior Matters, Too Don’t forget to evaluate the outside of the house: • Foundation: Water pooling around the foundation could mean drainage issues. • Siding: Look for cracks or signs of neglect. • Driveways and Walkways: Are they cracked or crumbling? • Landscaping: Overgrown yards might signal broader maintenance issues. Property History is Key Before making an offer, dig into the property’s past. Find out: • How long it’s been on the market. • Whether it’s been relisted or had price drops. • If there are any liens, unpaid taxes, or judgments against the seller. • If permits were obtained for improvements (and if they meet code). Your agent can access most of this information, or you can request it through a title company. Making the Decision Once you’ve done your homework, it’s time to decide. Remember: no home is perfect. You’ll likely need to compromise on some “wants” to get the right balance of “needs.” • Finances: If the home stretches your budget, consult your lender, but don’t overextend yourself. • Repairs: Minor issues can be used as negotiation points. Get professional quotes for repair costs and use them to bargain.
25
Powered by FlippingBook