Want To Buy A House? Check 5 Things A Seller Might Not Disclose
To protect your investment and dream from becoming a nightmare, it’s better to be well-informed and do your due diligence before finalising a house and putting your money in it
Buying a house is a significant investment and a major milestone achievement for a lot of us. The idea of setting up our roots in a new place and envisioning the space where our future generations will grow and prosper is a dream that resounds with humans everywhere.
However, it is important that when you do search for a home, you don’t take the decision based on your emotions or simple outward appearances of the place. It is crucial to do your research as there aren’t very strict laws in place to protect you from all the possible omissions a seller might opt to make when selling their property.
To avoid such a situation, it’s better to be well-informed and do your due diligence to make sure that your investment and dream both are well protected. Here are some of the major concerns about your future home that a seller might avoid disclosing and turn your dream home into a nightmare.
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Structural Integrity
When you visit a potential house, the seller might hide the structural concerns of the place with wallpaper or cosmetic fixes. A crack across the wall, uneven floors or consistent dampness are very serious concerns that can endanger your home and make you shell out loads of money on fixing them if discovered too late. To solve this, hire a professional home inspector or engineer to thoroughly examine the property and determine it’s true stability.
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Legal Concerns
Often sellers try to avoid disclosing legal disputes related to the property. Unclear property deeds, inheritance disputes, or boundary encroachments can become severely problematic and time-consuming legal battles to fight. To avoid wasting your time and resources on such a conflict, hire a lawyer to inspect the property documents and its history in detail and find out any problems associated with it in time.
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Pest Troubles
Sellers can hide pest infestation with a fresh coat of paint or well-placed furniture. To avoid having to deal with the mess, use the services of a professional pest inspector and examine all the nooks and corners of the property to find any signs of infestation or damage. This will help you make your investment peacefully and confidently.
Neighbourhood Issues
Certain properties might have problematic neighbourhoods such as an industrial factory nearby or upcoming construction activities or traffic issues. The area can also be prone to seasonal flooding or water shortage. This can cause you physical and mental stress if you find out about the problems after the purchase. To avoid this, do your due diligence and converse with the neighbours and try to find out the locality’s history.
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History
Sometimes a property can be tied to unfortunate circumstances in its past such as a death or crime. Certain cultural sensitivities might make it difficult for people to live in such a place, so it is better to find out such truths about your potential home before buying it. A local investigation or discreet conversation with the neighbours can help you find out the history of a place before deciding to make it your home.
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