When you’re ready to buy a home, it’s easy to get swept up in the moment and fall in love with one, especially when the owners have displayed the property’s best features. That fresh coat of paint and careful staging, however, could disguise some serious issues. Before putting down an offer on a home for sale, do your homework first and check the important features and factors.
What to Check Before You Buy a Home
1. Homeowners Association
A homeowners association’s rules could have a major impact on your life. Before you start daydreaming about living in a particular home, find out whether the HOA is in good financial health and get a copy of the regulations, which can include noise restrictions and the types of pets allowed.
2. Plans for the Area
Future development could significantly raise your property value or erase what you love about the house. Check with neighbors or city officials to determine what’s planned in the area. Remember that you’re not just buying a home, you’re investing in the neighborhood, as well.
3. HVAC Unit
The heating and air conditioning unit is one of the most expensive systems in the home. Before making an offer, find out how old the HVAC system is and whether it’s been properly maintained. If it’s in disrepair and the replacement cost won’t fit in your budget, you may want to continue your search.
Replacing or repairing a roof can also be expensive. If the roof is more than 15 years old, you may want to negotiate for a reduced price so you can afford the work it’s going to need.
For nearly 70 years, the agents at Lawrence Realty Inc have helped house hunters throughout Red Wing, MN, and western Wisconsin find the homes of their dreams. If you’re prepared to buy a house, they can walk you through the steps and provide valuable advice on features to look out for. Browse local homes for sale on their website now, get more real estate tips on their Facebook page, or call (651) 388-4745 to speak to an agent today.