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Some Warning Signs that a Buyer Should Check Before Buying a House Buying a home is not only an emotional but also a financial commitment. There are some major factors that every buyer should consider while finding a new home.

Here are the top 6 red flags to look for when purchasing a home :

Bad Neighborhood The location is the most important consideration when buying a home. Buying the house in the wrong neighborhood is never a good idea. If the houses in a particular neighborhood are always on sale, it may possible that the area has a problem, such as a high crime rate, poor drainage system, etc.

Water Damage

The basement may appear to be dry and clean when you tour a house, but there are signs of underlying water damage. So, try to go for a home inspection at the time of the rainy season or after rains and pay special attention to the basement, since water damage indicators are more obvious to be seen after a rainstorm. Along with this, check the furniture legs for deterioration, especially rust on metal tables and chairs.

Roof Problems Sinking ceilings, missing or damaged shingles, dampness on the exterior wall, rusted gutters, loose or missing flashing are all the things to look out for. On a wet day, inspect the property to see whether the gutters are blocked or if water is pouring into the attic.

Stains on Walls/Ceiling

If there are stains on a wall or ceiling in your home, pay close attention, it's critical to figure out what caused the stains. It's possible that the stains are the result of a previously resolved issue. Failure to notice a stain on a wall or ceiling might cost a buyer thousands of dollars in future repairs.

Poor Drainage

Pooling water is a telltale sign of poor drainage.

If a home's yard has little lakes, the drainage is likely to be poor, resulting in water issues inside the house. Poor drainage is indicated by overflowing gutters, moving sand in flower beds, water stains on basement walls, and foundation fractures. Also, go for a short tour of the neighborhood to see the condition in the surrounding High Askingarea.

Price A seller may ask for a price more than the worth of the house and the market rates of that area. So, stay up to date on market prices in the area where you're planning to buy, as well as the prices of similar houses in the neighborhood.

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