Buying a home is one of the most important decisions you’ll ever make. The amount of dedication it takes to take out a mortgage can be intimidating, especially if you go into the home buying process with any doubts or uncertainties. At rNetwork, we want to make the home buying process simple by helping you avoid the high-pressure salespeople. Our rMortgage concierges will help you find the best rates, fees and terms when it comes to your new home, but we know that sometimes you might want to check out the property yourself.
Here are some things to look out for when buying a new home that could save you thousands of dollars.
Check for Exterior Cracks, Tilts and Damages
One of the first things you should look out for is any damages to the home’s foundation. While landlords may attempt to cast an illusion with all new paint, it’s essential to pay attention to the exterior, as these types of repairs can cost you a fortune. If you’re worried about missing anything, you should consider hiring a structural engineer to inspect the property.
Signs of Poorly Maintained Property
If you notice any severe damages to the property while touring it that could have been avoided with proper maintenance, that could be a major red flag. Unmaintained property can be a sign of more severe issues like a weakened foundation and irreversible or exorbitant damages.
Sellers Offering Incentive to Waive Inspection
Sellers shouldn’t even consider waiving a property inspection unless they’re looking to hide something from you. When shopping for a home, make sure that you always get an inspection done. This gives you the necessary leverage to get out of a deal if needed. It will also allow you to negotiate your price.
It’s important to see the property yourself, but having the rMortgage concierges at rNetwork handle the home buying process is going to be the best way to get the best deal possible. If you want to learn more about what the rNetwork concierges can do to help you potentially save on your next home, check out our website today.