Buying and owning a home is often referred to as the "American Dream," but buying property can also be a daunting process. For most people, this means getting a mortgage, which is something that hangs around for a good 30 years. Finding the right house can also be difficult when there are numerous options, which is why any prospective homeowner should approach the process of buying a home with as much information as possible.
Most first time house hunters don't know exactly what to look out for when buying a new home, or how they should approach valuing a home. Fortunately, there are plenty of people who have already been through the process, and thanks to their lessons learned, prospective homeowners can refer to comprehensive guides when they begin the process.
Anyone who is considering buying a new home should know what to look out for; check with experts, and don't do it alone if you don't have to. For anyone whose bought a home in the past, vote up the advice you think is actually important.
Get A Professional Home Inspection Done
Check For Mold
Find Out Exactly How Much Property Taxes Were Last Year Because They Will LIkely Go Up From There
Visit The Neighborhood At Different Times
Check The Local Crime Report To Find Out If The Home Is In A Safe Area
Check Each Appliance Thoroughly
Even If You Don't Have Kids, Check Out The Local Schools In Case Things Change Down The Road
Compare Recent Sales In The Area, Otherwise Known As 'Comps' To Make Sure Your Offer Makes Sense
Find Out The Local Rules Regarding Pets
Test Out Every Nozzle, Switch, And Window
Ask If Anything Has Been Replaced Or Rebuilt And When That Happened
Find Out If There Is A Homeowner's Association And What Fees/Requirements Need To Be Made
Check The Roof
See How Water Drains Off The Property And Make Sure It Doesn't Pool Anywhere (Especially Near The Foundation)
Double Check The Plumbing Is Up To Snuff
Find Out If Any Part Of The Home (Or Its Contents) Are Still Under A Warranty
Check The Landscaping - Re-sodding A Lawn Is Expensive