Top 10 Things to Check Before You Fall In Love With A Home
Buying a home can be an emotional roller coaster.
Home buyers experience:
- And more,
...which often leaves their head spinning out of control during the entire process.
Especially, when having to choose between a number of homes that they would like to submit an offer on.
Falling in love with a home seems like the most important thing when you are shopping for your next living place.
Before you fall in love with that home there are a few things you should consider before you sign on the dotted line.
In this article,
We will take a look at ten things to consider before you fall in love with that new home.
Here is what you need to know...
Before you sign for your new Palm Beach County home or condo, you should first check to see where your local Homeowners Association office is located.
After doing this, you will need to get a copy of their local rules and by-laws to ensure that your home or condo has no restrictions that might hinder you later in life.
These rules can often feel constricting, but they are important to keep the value of the home up for future sale.
You should always look for the specific restrictions set by the local HOA office because they differ vastly from place to place, and you want to be certain of what you are getting into before you purchase a home.
Since the Home Owners Associations are all run in different ways, almost all of them have a budget of some sort.
Before you purchase a home in a specific area, one of the questions you should be asking is what the financial condition of the HOA in the area is and what obligations they have.
Some might be in bankruptcy, while others might be completely fine. However, the last thing you want to do is purchase a home in an unstable area with an unstable HOA.
You should always get as much information about the HOA as possible before you ever sign on that dotted line for your new home.
You can even request a fiscal report from the HOA just to be certain you will have the stability that new homeowners need.
Depending on the city and county where you are purchasing the home, permit records are going to vary.
Before you purchase a home, you need to first look into the permit regulations for the particular city and county, and you need to gather as many records from the permits as you can.
Permit history is important, and it can determine whether your potential home is up to date on codes and other regulations.
However, a potential home buyer should always be aware of un-permitted items on homes like air conditioners, basements, or deck additions.
Future Plans for the Area
There is nothing more annoying than purchasing a home or condo with a gorgeous view, only to find out later that the owners of the land intend to build something that completely blocks your view.
One of the things you need to consider before purchasing your home is what the future plans are for the area and land beside you.
Sometimes, this information may not be public or unable to provide you with the answers you are looking for.
In this case, one of the things you need to consider is whether the home and property are worth that initial risk of not knowing what is in store for your gorgeous view.
Before you purchase a home, you should always check to see what the condition of the HVAC unit looks like.
Well, it is a huge expense to repair or replace an AC unit. Before you purchase, check the AC in the home to be sure that it’s up to date or at least in ideal condition.
The size of the unit is also important, especially if you intend to purchase a larger home.
If the home is running on a smaller unit, then you won’t have enough to get the air flowing in the home.
Remember, it is expensive to update and add an HVAC unit to a home. This is something that will also be checked when you order a home inspection.
If you have children and are buying a home right now, chances are, the school zone is going to be an important aspect of your home buying process.
However, before you can fall in love with a home, you need to check the school zone to ensure that you are located in the zone you want.
days on Market
Most people seem to be focused solely on the price of the home, but another important thing to avoid overlooking is the number of days the property has been on the market.
Sometimes, a home has been on the market just because of an overpricing issue.
However, there are some instances when the home has problems that might hinder the sale of the home to buyers.
If the home has been on the market for more than 300 days, you should be checking with the owners or a realtor to understand why the home has been on the market for so long.
Purchasing a house requires some inspecting.
Before you purchase a house, you should check the roof to see whether it is new, old, or in need of a repair right away.
However, you can not always know whether a roof is falling apart or not.
If you are getting your potential home inspected, having the inspectors check out the roof closely can help avoid any unnecessary repairs right away.
When you order a home inspection, you’ll get a print out for the condition of the roof and other findings.
Parking can become an issue depending on where you purchase.
Before purchasing a home or condo, you should always check for any regulations or restrictions about parking.
Some homes might only allow one car to be parked, but with an amendment, homeowners might be able to park more than one car at a time.
These things should be looked over and considered before making any final purchases on the home, and by checking for this information, you can avoid problems for yourself in the future, especially if you have more than one vehicle.
Also, some HOA's don't allow trucks to be parked outside of the garage overnight. So, make sure you know what the regulations are.
While this isn’t a very common issue, pet restrictions do happen in some areas and HOA’s.
Before you complete the paperwork for the purchase of the home, you should ensure that the property doesn’t have any pet restrictions, especially if you tend to have more than one pet.
Even those who do not have pets should be aware of these restrictions because it might hinder the selling of the property at a later date.
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