When you buy a home, you find that there are a lot of issues that arise. In my case, it is a little more than a lot. We bought a fixer upper that to be honest, it would be better to level and rebuild. However, that is not an option. Here are a few things to make sure of when you buy your home.
- Get it in writing: If the old owner says that something is included in the purchase of the home, make sure that you get it documented along with their signature. This way if that item or items are gone when you go to move in, you can pursue legal actions against the previous owner.
- Have it inspected: If you are buying a home, there are a lot of considerations that need to be thought out prior to signing any agreements. There could be a lot of hidden issues that the old owner does not let you know about. This is why it is a good reason to have a home inspector come through the home prior to you buying it, especially if you are a first time homebuyer.
- Take pictures prior to purchase: By taking pictures, if anything that was there is missing, broken, or have other issues, you are covered. It will help in any future legal actions that may take place. It will also be a good way for you to price out the repairs that will be needed to know if the home is really worth what the owner wants you to pay for it. In the long run, even a cheap home can become very costly, if there are too many high dollar repairs that have to take place to make it livable.
- Background check the owner: This may sound crazy, but in the long run, it can save you a lot of headache and heartache. If you find that the person has multiple fraud charges, it is a good chance that you are not getting what you expect in the home you are buying. You may find that they have had insurance claims against the home for repairs that they have never taken care of, which may include structural or foundational issues.
These are just some warnings that can end up making a Home Buying adventure turn into a home buying nightmare. I should know, because that is what we are going through right now. While we did have in writing the items that were to come with the house, we chose not to get the house inspected. We also chose not to take pictures of the house prior to the purchase. We also did not background the owner. Had we done those, we may not have bought the home we have now. However, we got lucky, most of our nightmare is cosmetic stuff and structural with the floors needing to be leveled due to sagging throughout high traffic areas of the home. There is also some minor foundational issues to the home, as well. We later found out that the owner had been charged and convicted of multiple felony fraud charges dating as recent as two years before we bought the house.
So, save yourself the work and the headache that we are now going to face. Be more prepared when you enter the home buying market.