FrontDoor.com Helps Homebuyers Navigate Tumultuous Real Estate Climate with ''Top 10 Red Flags for Homebuyers''
2008-05-01 23:43:08 -
www.frontdoor.com - The average homebuyer views at least 10 homes over an eight week search so it isn't practical to get a professional inspection of every house they tour. FrontDoor.com, the new real estate Web site powered by HGTV, comes to the rescue pointing out things to look for in your own pre-inspection that will help identify potential problems before calling in the pros. (www.frontdoor.com)
FrontDoor.com's Top 10 Red Flags for Homebuyers
1) Mass Exodus from the Neighborhood
Don't let a home's curb appeal keep you from glancing down the street. Are there several other homes for sale? Are nearby businesses boarded up or vandalized? Get the scoop from the neighbors. If everyone else wants to leave the street, maybe you should, too - before you're stuck with a bad investment.
2) Mediocre Maintenance
Three layers of roofing and gutters with plants growing in them are signs the owners aren't big on maintaining their home. What else did they neglect?
3) Foundation Failures
Check out the yard grading. If the yard slopes towards the house, it could cause water to run down the foundation walls or into the basement, which will be costly to repair. Scour the foundation for damage. Bulges or cracks bigger than 1/3 inch can mean the house has serious structural issues.
4) Bad Smells - Inside or Outside
Take a big whiff of the air inside and outside the house. Do you smell anything funky? If you can't smell anything but the huge baskets of potpourri all over the house, this could be a red flag.
5) Faulty or Old Wiring
While you're probably not an electrician, make sure all the switches and outlets in the house function properly. Flickering lights, circuits that don't work and warm or hot outlets or faceplates are all symptoms of wiring problems.
6) Fresh Paint... on One Wall
New paint can really spruce up drab walls, but it can also hide bigger problems, like water damage, mildew or mold. If the room smells strange or if you see stains or saggy walls or ceilings, have an inspector look for mold and leaks.
7) Locked Doors and Blockades
Ask about any rooms that are "off limits" during your home tour, and arrange to see them later if you're interested in the house.
8) Foggy or Non-Functioning Windows
Check for water in between double-paned windows and make sure all the windows are functional.
9) Structural Walls or Floors have been Removed
Sure you love the open floor plan, but was the house always open or did the homeowners renovate? If they removed a load-bearing wall without adjusting the framing, it can shift weight to other parts of the house. Hire a structural engineer if you think any renovations are questionable.
10) Bugs!
No one wants a house with a pest problem - be it roaches, mice or worst of all, termites. Be on the lookout for unwelcome creatures as you tour the house. Even if no foes pop out while you're there, consider a separate termite inspection if you're thinking of purchasing the property.
The Bottom Line
Always get a professional inspection for the house you choose to buy. It's a little expensive, but it's worth every penny; skipping a home inspection is not a good way to cut costs. You'll end up paying more in the long run when problems arise. FrontDoor.com's tips make it easy for you to sift through the homes that are definite no-no's and spend your money efficiently.
FrontDoor.com is like house hunting with an in-the-know friend. Use this helpful guide to be a smart home shopper and look for more advice, insight and assistance at FrontDoor.com, including monthly Top 10 lists of information that homebuyers and sellers need to know. (www.frontdoor.com/top10)
About FrontDoor
FrontDoor.com (www.frontdoor.com) is an online real estate listing service powered by HGTV, the No.1 source for home-related media content. The site currently offers more than 1.5 million listings of homes for sale and partners with other leaders in the home shelter category including Realogy Corporation, Prudential Real Estate and Leading Real Estate Companies of the World(TM). In addition to providing users with the latest real estate listings, FrontDoor houses expert HGTV advice and videos along with original Web series and a comprehensive library of engaging, interactive tools, guides and information.
Scripps Networks
Jerilyn Bliss, 865-560-4181
jbliss@scrippsnetworks.com
