Warning Signs When Buying A House

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Warning Signs When Buying A House

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Owning physical real estate can be a royal pain due to never-ending maintenance issues. – PowerPoint PPT presentation

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Title: Warning Signs When Buying A House


1
Warning Signs When Buying A House
2
  • Exterior cracks and tilts
  • Ownership history
  • Look for water damage concealed by paint
  • Uneven or bouncy floors
  • Beware of room fresheners

3
Exterior cracks and tilts
Bring a leveler, preferably with a laser pointer.
Make sure the cracks arent much more than 1/4
inch wide. If they are, you should get a
structural engineer to inspect. A lot of sellers
will attempt to mud over and paint the cracks, so
look out for a paint or surface mismatch as well.
4
Ownership history
Just like when you see a resume which shows a new
job every year, a home with high turnover is also
a serious warning sign. I consider high turnover
as any home with an average ownership length of
three years or less per owner.
5
Looking for water damage concealed by paint
If you conceal water damaged areas with paint,
you trap the moisture in the walls that will
likely lead to mold. Black mold is unhealthy to
breathe. Look carefully at the underside of
drawers and sinks in the kitchen. Look at the
base of the tubs and toilets. One of the biggest
culprits is the sheetrock underneath window
sills. If you see soft or warped sheetrock, you
know there are leaks.
6
Uneven or bouncy floors
Always bring a marble to an open house and place
the marble around different areas of the floor of
each room. The older the house, the more
important it is to do the marble test to see how
uneven the floors are. Sometimes a house will
aggressively settle, creating a hump in the
middle.
7
Beware of room freshners
Some stinky houses are often sprayed or decorated
with scented candles or potpourri. Your mission
is to find out whether there is an insidious odor
emanating somewhere in the house. It could be a
leaky pipe, mold, sewage, cat and dog pee, etc.
8
THE MEDALLION
The Medallion is selling a luxurious independent
apartments with a panoramic view. These flats
assure plenty of sunlight and good ventilation.
919779927799
www.the-medallionmohali.com
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