Home buying warning signs are those things that make you feel uneasy but you’re not sure why. When it comes to making such a major decision, it’s wise to take note of some common home buying warning signs.
Buying a home is by far one of the most exciting things that you can do with your time.
It gives you the chance to get onto the property ladder in a climate where that’s only becoming more difficult. It also means that you and your family are able to find a place to settle down and really call your own.
However, one of the biggest mistakes that you can make is to let your excitement run away with you.
With that in mind, here are some home buying warning signs to be aware of when you’re looking for a house. They could indicate that a property is going to be a serious problem.
Home Buying Warning Signs: A suspiciously low price
Most people would find themselves jumping for joy at the idea of finding a home that they really loved for far less money than they expected to have to pay.
However, one of the most important things to remember is that, if a house is cheaper than all of the others you’ve looked at, it’s probably for a reason.
It’s a good idea to get someone to check out the foundations of the home for safety or to hire a building and pest inspector to make sure that you’re not going to have any unexpected housemates.
Sure, it could just be that the sellers aren’t too worried about turning a profit, but it’s rarely a good idea to take people at their word when this much money is involved.
The agent won’t show you the property at different times of day
So you’ve been to a property a couple of times and it seems perfect, but you’re the kind of person who really wants to get a sense of a place before you really commit to it.
However, the agent doesn’t seem to want to show you the property in the evenings for some reason. This is when alarm bells should be going off in your head.
The truth is that if the agent won’t show you the house at night it’s because the neighbourhood surrounding the house is a lot louder and more disturbed at night, which can be a serious deal breaker for a lot of people.
Home Buying Warning Signs: The sellers keep rushing you
Buying a house is a big commitment and not something that you should take lightly or rush into.
Yet, you receive multiple calls from the seller’s agent pestering you about whether or not you’re going to buy the house. Now, this might just be because they’re impatient and want to move on to their new place.
But it might also be because of some issue with the house that makes them want rid of it ASAP.
Of course, there’s always a chance that these kinds of things are totally innocuous coincidences. However, when you’re committing to personal and financial decisions tied up in property, it makes sense to be cautious. Ensure that you’re definitely making the right call.