Buyer Beware! House Hunting Red Flags
If you’re looking for a home and you already narrowed down your search to a few properties, it’s time to start digging a little deeper. Researching the neighborhood, the history of the property and going to see the house in person are all necessary steps if you want to make the best decision.
This process should make it easier to spot all the red flags. While some issues are minor and should not stand between you and your dream home, the following problems are very serious, and you should think twice about investing in a home if you notice any of them.
Shabby-Looking Neighbouring Properties and High Crime Rates
Choosing the right area or neighbourhood is one of the first steps when looking for a home. Finding a home within your budget comes first, but you should also check the crime rate in the area and, if you are moving with kids, the school rankings.
Visiting the property should be an opportunity to get even more information on your possible future home. Are the surrounding properties well-maintained or do they look unkempt? How many homes for sale are there in the neighbourhood? Be on the lookout for these issues next time you visit a new property:
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A lot of homes for sale in the area Run-down fences, faded paint, or messy yards Boarded-up windows