3 Costly Blunders to Avoid when Buying a Home

Buying a new home is a BIG deal! Any type of large investment such as this is worth doing right from beginning to end. Whether you are a first-time homebuyer or a seasoned homebuyer there are a few blunders that can cost you more than you intended.

Generally, the mistakes that are made happen in the between time of putting an offer on a home, up to the closing. It’s easy to get overexcited about closing on a house that you love, but don’t do it unless you’ve already considered these three things.

Blunder #1:

The first blunder to avoid when buying a home is declining the home inspection. Yes, it may cost more, but it is worth knowing if the home you are about to purchase is safe to live in. Remember that you will need a whole house inspection and special inspections such as, mold, radon, well-water, or termite. Do not sign any type of contingency clause without first getting an inspection.

Blunder #2

The second blunder to avoid when buying a home is not asking the seller questions. Sellers do not have to tell you any kind of negative information about their residence; however, if you ask questions, then the seller is obligated to share information with you. If you have more questions after looking over the house, ask your realtor to find the answers for you.

Knowing exactly what you are getting into is a smart step in the right direction.

Blunder #3

The third blunder to avoid when buying a home is getting too emotionally involved. When you enter the house you would like to purchase, attempt to look past all the home décor. Here is why, you are purchasing the as-is structure along with any hidden damage. This is why it is essential to avoid blunder #1 get an inspection first and ensure that the structure is in great condition.

If you have any questions regarding the different types of inspections available, contact us for a free consultation at 407-658-8267.

Are you Keeping up with Home Product Recalls?

Just as it’s important to keep up with recalls on toys, or child car seats, it’s also vitally important to know when something major on a home product has a recall. As example, in 2009*, homes built in 2004-2005 all had AFCI Breakers installed in the home. It turned out that the Square D breaker with a blue reset button was not detecting the electrical arc as it should, which is a hazard to residents.

The Consumer Product Safety Commission sent out an alert recalling that particular part. Home inspectors are given a list of safety guidelines and any product recall that are hazardous to a house. The most recent recalls posted via the CPSC website are gas fireplaces and “fireplace inserts due to explosion hazards,” another is a Dyson product recall.

As homeowner’s it is important to maintain the home, such as clear out the gutters during the year. In addition to checking for any loose shingles on the roof, walking around the home’s foundation looking for cracks, all of these are a small part of owning a home. The other part is keeping track of consumer product recalls that could be a safety risk to you and your family.

One quick way of finding out if any of the electrical wiring is not up to safety standards is to have a 4-point inspection. It is not necessary to have all the four major systems inspected, you can elect to have one of the major systems inspected instead of all of them, which saves on costs.

Too often, people get an inspection at the time of a purchase and then forget about the service. However, choosing to have a routine home inspection every five years or so assures you that your home is still safe to live in.



*Article Resource:

AFCI Breaker Recall Info

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