5 ITEMS TO CHECK BEFORE FALLING IN LOVE WITH A HOUSE!

Proper Permits

  • when you look at a house that is 30+ years old, chances are high that there's been some work done to it at some point
  • take the time to look at the permit history to what has been done to the property
  • have a realtor help you if you don't know where to start or what to look for 
Future Area Plans
 
  • you really need to do as much research about an area as possible
  • sometimes this information is not made public and it is nearly impossible to know
  • if no information is available, you will need to decide whether or not the property is worth the risk of not knowing
  • it is your responsibility to determine these issues!
Condition of HVAC
 
  • it's a major expense to add an air conditioning unit to a house that was built without one 
  • first thing to do is determine whether the house does actually have an AC unit or not 
  • make sure that the AC and heat are both sufficient for the size of the property and are fully functional
  • HVAC issues are easy to address upfront while you're in your contractual inspection period
  • if you miss an issue with the HVAC system and close on a property, you may end up spending thousands later on trying to fix it 
Roof Life Expectancy 
 
  • one of the most expensive repairs
  • don't ever assume that a roof is in good shape
  • before buying a house, make sure to have the roof inspected closely to make sure that it has a decent life expectancy and no major issues 
Area Days on the Market
 
  • most people only check the "comps" (comparable sold properties) before making an offer
  • an equally important measurement of a homes value is the Days on the Market
  • if the house has been on the market for over 300 days, you need to know why the home has been on the market so long
  • many times, it's simply an issue of overpricing by the owners but soetimes it has to do with the property itself
  • ask why the property has not sold; you don't want to be stuck with a property that will not sell later on