Shopping for a new home can be incredibly rewarding. Many people begin to comb through real estate listings as soon as they start thinking about owning a house. Some well-meaning individuals would advise that you’ll know when you find “the one,” but home buying requires more head than heart.
Unfortunately, not every real estate listing is straightforward. You should carefully assess each house you see, but you don’t have to live in fear. You can easily learn what red flags to look for when home buying.
10 Red Flags for Homebuyers
1. An Overabundance of For Sale Signs
In this healthy real estate market, expect to see for sale signs. However, a ton of them concentrated in one place could indicate the area is going downhill.
2. Poor Neighborhood Maintenance
One yard with tall grass doesn’t make or break a neighborhood. But if that’s the norm, it might be a sign of a problem.
3. An Unkempt Home
It’s not important that a home be pristine, especially if the family still lives there. But if it’s in bad shape, it’s a possible indicator that the owners don’t keep up with maintenance and repairs.
4. Unpleasant Odors
Bad smells should signal major red flags for homebuyers. These could indicate mold, pests, or a host of other problems.
5. Shoddy Workmanship
Home repairs that seem hasty, cheap, or improperly done could easily fail and cost you fistfuls of money down the road.
You can and should get a termite inspection if you decide to buy the home. But keep an eye out for signs of other creatures such as rodents, roaches, snakes, or carpenter ants.
7. Blocked-Off Areas
If you don’t have access to all parts of the home — such as locked rooms — that’s a serious problem and you should just walk away.
8. Foundation or Structural Problems
Check the foundation for weird sloping or major cracks. Look critically at the home’s interior structure. A major concern would be that previous owners made changes without proper knowledge.
9. Small Amounts of Fresh Paint
Only having a few spots with fresh paint should raise red flags. A single patch or one freshly painted wall might indicate mold, water damage, or other issues the owners are trying to cover up.
10. Malfunctioning Electricity and Water
Check faucets and light fixtures to ensure they work.
No matter how good a deal seems, you’ll only end up heartbroken if you fall for a listing with one or more of these red flags. Thankfully, most potential sellers are more honest than this — and most homes have only minor wear and tear. Still, it’s good to educate yourself so that you can spot a bad listing when you see it.
Are You Shopping For Homes in the Greater Houston Area?
If you’re just getting started, it’s important to have a game plan. One thing that will make the process easier is finding professional home movers. Quality local movers work with your budget and time frame to tailor a moving experience that best suits your needs.
We at Ameritex pride ourselves on our phenomenal 95% referral rate. When you’re ready to schedule your stress-free moving day, contact our friendly customer service team at 713.484.6683.