Buying a house is a huge investment. Years of savings that you collected shedding your sweat and blood so we understand that you will be on the lookout for the perfect property.
However, how does one know that the house they are buying does not have any defects?
Imagine coming across your dream house that is within your budget. Excited, you apply for a mortgage, and your application gets approved within a week. Once the closing documents are signed and the seller hands over the keys to you, you finally feel relieved and happy. You call over your friends, pop open a champagne bottle, and have a great night.
After a couple of days, the nightmare begins. First, a pipe in the basement burst that floods the lower level. Then, the toilet clogs in the upstairs bathroom, which causes a leak. As a result, mold starts to develop on the ceiling downstairs. You face one problem after the other because you didn’t do your due diligence before buying the house.
We have shared only one example of what the seller lied to you about the Orlando real estate. Let’s take a look at a few more:
Crime Rate
Most sellers will not tell you about the crime rate in their neighborhood. A buyer will gladly buy a fixer-upper, but what’s the use of owning a house if you will be constantly in fear of it being robbed and vandalized.
Surface Damage
Structural damage is mostly revealed in a home inspection. However, when it comes to surface damage, things are often missed. For example, bad paintwork, a broken fence, damaged basement exits, etc. can cost more than $500. Because of this, many buyers call the seller asking for compensation. To make sure that this does not happen with you, hire an Orlando realtor so that he can look over the entire process.
Boundaries
You are thinking about adding some space to your garden. When you try to make more room, your neighbor tells you that this is not your boundary when it’s clearly inside your fence. Later, you find out that the seller didn’t disclose he had illegally taken part of the neighbor’s land, which was revealed after an inspection.
Water Damage
Water damage is hard to detect. It shakes the foundation of the house and causes many problems later. Since this problem is most related to plumbing issues, most sellers try to hide it from the buyer. However, nowadays, water damage is easily inspected through thermal imaging. Hence, you get a home inspection at the earliest to make sure that the house you are buying is in good condition.
Even a small repair can cost you thousands of dollars if it is not taken care of in time. With a Winter Garden Realtor by your side, you won’t face these problems from start to finish in the home buying process. To get in touch with a qualified Orlando real estate agent, visit the website Megan Dowdy Realty. For further information, call on 407-509-9279.
