One of the biggest mistakes first-time homebuyers make when looking at homes for sale is jumping into a purchasing decision too quickly. By purchasing homes with rose-colored glasses on, homebuyers often overlook potential warning signs that lead to costly renovations down the road. To help prevent this expensive mistake, the trusted realtors at Exit Realty Urban Living have shared three warning signs to look out for before purchasing a home. Located in the heart of Hudson County, NJ, their professional real estate agency provides buyers with a comprehensive education on home-buying practices, including determining a budget, securing loans, and understanding home appraisals.
3 Warning Signs That Mean You Shouldn’t Buy a House
1. A Deteriorating Roof
Typically, roofs that are properly maintained can last a minimum of 30 years before needing to be replaced. However, if you notice flaws in a roof, such as gaps in the siding, sagging, or rot, don’t overlook these red flags. If you’re still interested in moving forward with a house that has a questionable roof, inquire with the seller as to the age of the roof, and hire a roofer to do a proper inspection before making an offer.
2. Water Damage
Water damage can lead to mold, which can pose health threats to your family and weaken the home’s foundation. To avoid this expensive disaster, pay attention to signs of water damage in the home, particularly in the kitchen and bathroom. If you notice any strange or musty orders, don’t ignore them, as these are telltale signs of mold or water damage.
3. Incomplete Construction
Have you taken a tour of your dream home only to find that it’s incomplete? Often, sellers will do fast renovations in hopes of selling more quickly. However, these last-minute additions can be a major issue, particularly if they don’t have the correct permits and haven’t been properly inspected. If you have any doubt as to the sanctity of incomplete renovations, stay on the safe side by having a structural engineer take a look before committing to an offer.
With so many homes for sale and red flags to look out for, the home-buying process can quickly become overwhelming. Fortunately, Exit Realty Urban is here to take the guesswork out of the equation. Whether you’re looking to buy your first home, list a property for sale, or learn more about the outstanding financial benefits of their real estate careers, you’ll gain the edge you need to get to your next level. Visit their website for more information on homes for sale in Jersey City, Union City, North Bergen, Hoboken, or Weehawken, or call (201) 380-4200 to discuss your specific real estate needs.