Thinking of buying a new home? There are many things to lookout for when making a choice such as this. If it is a brand new home, fresh built what is the company that built the home? What is their credit standing? What are some of the last projects they were involved in? These may be some of the questions that are swimming around in your head and justifiably so. When it comes to purchasing a new home everyone that is involved from the start will likely be involved throughout its future. These are all very important questions that need to be answered before making your purchase.
Aside from investigating the history of the home in question, especially if it is a pre-owned home is the information on the last owner. Just a quick background check and credit history will most likely suffice but it is important to know the ins and outs of the previous owner. You do not want to get far into negotiations or start hiring a home appraiser and then later find out that the home has a lean on it. This is why knowing about the previous owner directly is very important. This way any financial surprises can be avoided.
If everything is cleared with the financials of the home it is time to have the home inspected. A home inspector is easy to find and they will know exactly what to look for in a home. The first thing that needs to be checked by a home inspector is the foundation or supporting beams. The foundation is one of the most expensive aspects of a home to be repaired or replaced and in most cases it cannot be repaired or replaced. The second most important is the roofing and rafter beams. After that is all said and done, if they pass then the electrical wiring and plumbing need to be inspected, that should get the big things out of the way. The foundation, the roofing, electrical and plumbing are major areas that need to be checked as they involve the whole home and they cover the most vast and expensive area of work.
Other things to check for in a home is all the faucets and fittings, check to see if all the faucets in the kitchen and bathrooms are put on correctly and neatly. The main thing to look for is that these were not put on in a rush and without skill. Some home owners throw on some new bells and whistles in a rush and own their own to spruce up the place but this could mean that other things were done in a rush.
If everything is well up to this point there is something else that needs to be checked and that is the utilities. What is the average electric and water bill for the year? This is important, it could bleed you dry. This one is easy just stop in at the local utility supplier and request the records for the last year or two. It is also good to have a home appraiser stop by just to make sure you are getting the best price before signing the contract and remember to always have an attorney look over everything before signing.