Foreclosed homes aren’t always the best deal in town – even if they do come with a price tag that appears to be lower than some other homes in the neighborhood.
No heat in the winter. When a home has been left unheated, buyers run a risk of damaged pipes.
Not removed but ripped. Thieves and even angry former owners can do a lot of damage when they depart with fixtures and key systems like heaters and air conditioners.
Peeling, bubbling, and discoloration. Water incursion isn’t always obvious, but these are signs.
Mold. Where there is water there is mold. Look inside cabinets, behind drawers, and around built-ins.
Blocked drains and pipes. Sewer backups can be expensive to fix.
Black cobwebs. This is the result of a malfunctioning furnace, common in properties where there hasn’t been maintenance for a long time.
Homemade and handy. Where renovations don’t look professional, check with the municipal authority. They may have been completed without permits and that could mean they have to be redone.
Fresh paint everywhere. What is the seller covering up?
Check the basement. Look for discolored subflooring, which can point to mold. And search for asbestos, common in older homes that haven’t been brought up to code.
Air quality. Include air and surface testing in a home inspection. It’s a few hundred dollars well spent.
If you are starting your search to buy now or in the future, why not search like a realtor. Sign up for listing book, a free service I provide with no strings attached. Here is the link: http://a107021.listingbook.com/.
If you would like information on Buying, Selling, For Sale By Owners, 1st Time Buying, click on the appropriate link on my website http://www.cribbinrealty.com/.
Want to check out some Foreclosures or FSBO’s? Visit my website: http://www.cribbinrealty.com/
What did the house down the street sell for? Want to know call me or visit my website at http://www.cribbinrealty.com/
If you would like to know what your homes current value is check out Market Snapshot on my website http://www.cribbinrealty.com/market-snapshot-2.html or just call me at 636-294-6061.
For any of your Real Estate Questions or Needs call Me at 636-294-6061 or Mike@cribbinrealty.com Remember “Cribbin Realty” Where Performance Outsells Promises.
Source: On-Site Specialty Cleaning & Restoration (12/16/2009
Monday, January 4, 2010
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