5 Red Flags to Watch For When Shopping For Your Home

5 Red Flags to Watch For When Shopping For Your Home

Red Flags to Home Buying

Okay, it’s finally that time.  The time to try to find a house to buy.  There is a lot to think about when it comes time to buy a home in the Hudson Valley, and it can seem overwhelming, especially for first-time home buyers.  This list may help you narrow down a few red flags with potential problems that a home might have when picking the house you want to put a bid in on.  Some of these red flags can be costly for a homeowner to fix.

  1. Don’t get taken in by the pretty view of the home.  Paint, carpets, and other decorative touches can make a home look lovely, but try to envision it down to its bones.  Examine the condition of the home’s structure for damage from the roof to the floors.
  2. Learn about the systems and appliances that are included in the home.  The age and condition of the heating and cooling system, water heater, and any appliances included with the home can give you an idea if they are going to be needing replacing in the near future.
  3. The condition of the roof is important to know.  A roof can be a major investment, and may require a large amount of money if it is caving in or allowing leaks.
  4. The same is true with windows.  A house with newer windows and insulation will help to reduce heating and cooling bills.
  5. Finally, a huge red flag is water damage.  Any signs of water damage should be taken seriously.  It may mean that there is a problem with the foundation, the house floods often, or that there might be mold in the home.5 red flags for home buying

These red flags can make a home less enticing toa future homeowner because of the potential cost on top of taking on a new mortgage.  Catching these red flags before placing a bid on a home may allow you to adjust your bid to account for these potential costs or move on to a property that will not require as much upkeep from the very beginning.  Talk with a few contractors about potential prices to get these red flags fixed and think about using an impartial inspector in case you are worried about missing something during your walkthrough.