3 home buying pitfalls you can avoid

Buying a home today isn’t rocket science.  However home buying pitfalls that lurk in the process are mind boggling.  Even for an expert. Here are 3 pitfalls you can avoid…

3 home buying pitfalls to avoid

Home buying pitfalls to avoid

I can’t imagine someone meandering through the landmines of ambiguities of buying a home without an advocate.  Maybe it’s because I’ve been a REALTOR® for over a decade and I have seen these things happen.  They happen very innocently, but the ripples are so uncomfortable for you the buyer, when it’s your situation! Below are 3 home buying tips to help. We’d all love the world to turn smoothly and that includes when buying a home.  But when it doesn’t, it can become very disruptive and very unsettling.  There are real hidden issues that do come up and cause not only a loss of sleep, time, and money, but a potential legal suit as well. So what can you do?  Take a deep breathe;  and do your homework with your agent during your due diligence period.  There is a ton of information for potential home buyers to gather, and even more that their agent can get.  Research the bejeebers out of the home and don’t quiet that little voice in your head if something doesn’t feel right! Then sit down and discuss what’s real, what’s important, and what needs more clarification with your agent. Here’s some home buying tips I’d like to share…

Home Buying Pitfall #1 County tax records…

Are they perfect? No, but if there is a discrepancy between what’s on that MLS sheet and what’s on the county records, someone better question it.  Is there a big difference in the square footage?  That might indicate that the seller has done some adding on without pulling the proper permits.  Oh no problem you say, well think again.  It’s a very big problem.  If permits weren’t pulled, it didn’t pass city/county inspections.  If if didn’t pass city/county inspections and god forbid something happens, your insurance may not cover you.  If a fire were to start due to a faulty breaker or electrical error and the work was done by Uncle Al – there’s a very BIG problem…  

Home Buying Pitfall #2 What about homes that are renovated?

Be sure to know the effective date of the home, and not be fooled by looking at the brand new package with gleaming hardwood floors and granite counters.  The year could be wrong on your MLS sheet. Homes bought, renovated, and flipped are candidates for well you’ve heard the saying before; putting lipstick on a pig.  

Home Buying Pitfall #3 Well and Septic Permits… 

Then there’s the number of bedrooms in the home. Well and septic tanks here in Wake County real estate are fairly common. So watch for another common mistake in the number of bedrooms being stated on the MLS sheet. Verify that the number of bedrooms listed on the MLS sheet match the number of bedrooms that the septic permit was pulled for.  Oh, that’s not a problem either because there aren’t any septic police I hear you say.  That might be true for the system itself, but when it comes time for YOU to sell you won’t be able to advertise it without repercussions as a 4 bedroom if the permit is pulled for only 3 . So make sure that you have chosen an agent that will do the homework necessary for you once you’ve narrowed down your search to just that perfect one.  Because it’s after you’ve had the fun of ‘looking’ and picking the one home you love that you will be so happy that you have an experienced agent working for you; making sure you’ll get to closing AND enjoy that lovely home for years to come…

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