You May be the Tenth Owner of the House you are About to Buy
The epitome of joy is when after saving for some time so as to buy your house, you are given a brand new key for a brand new house. You want to smell the freshness of a brand new house which you will be spending the bigger part of your life in. There are several reasons why the purchase of a new house is far much better than buying a second hand one. You may not even know the number of owners who have lived in the house which you are just about to buy. The property agent will never reveal to you the ownership history of the house which you are just about to buy. One can sell a house for a good reason or because it has become a burden to him. May be the owner of the house deemed it very costly to correct series of issues which emerged from architectural related issues. The reason for selling the house could be because the house was very expensive for the former owner to maintain because it was calling for repair services after very week. You now come buying such a house, and you inherit the problems. The roof may be having set of potential problems. The walls may look new because of the light paint, but the structure could be almost giving in to environmental pressures due to age, and the floor could be rough. Every part may look as if it is new, but this is because the owner normally do light repairs so that the property can attract a better offer.
The few dollar repair and maintenance is normally done so as to attract better offers from potential customers and not to give you the actual value for your cash. You may not see huge cracks in the wall because they are just filled up and painted, giving you the lure to cough your cash fast. You end up not getting the real value for your cash. In nutshell, there are manifold cons of opting to buy an old house.
Now that you know various threats which you may have by opting to buy an old house, here are the measures which you are supposed to make when you are buying a new house.
Always equip yourself with tips which will make sure that you are not going to be lured to buy property which does not deserve its quotations. You do not need to be a property agent, all you need is to ensure that you are working with a property agent who has a sound track record in the real estate market. A small real estate firm may have very limited options to choose from.
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