Looking for defects when buying property

Buying a house is a major decision.

You should look into different factors and find out more facts before making a decision.

Keeping your eyes open going into a real estate negotiation is the most important thing. If something doesn’t feel right, trace it backwards until you figure out why, and then decide if it’s worth it to go ahead with the purchase.

Sometimes you’ll find it’s easy to walk away from a great house in a bad neighborhood. Other times, you can get your purchase price substantially reduced if you can point out exactly what repairs are needed. The trick is to catch those needed fixes- because the seller may not point them out for you.

The following are some areas to look for:

 

  • Leakage
  • Termite
  • Plumbing
  • Neighborhood
  • Other repairs needed


 

 

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