Top 8 Problems Home Sellers Try To Hide

 

Are you planning to buy a house for you? Do you want to know what problems they always try to hide from buyers? After many months of searching, you have found your dream home.

Will you judge the house with its first impression only? Before buying a house, you need to look at some of the most common problems which home sellers try to hide from you.

  • Aging of the house

A home seller will never tell you the exact age of the home if the home you are buying is old. Before buying a house, one needs to know about the aging mechanical system of the home.

The home you are trying to buy maybe leaking for many years but the seller won’t disclose this information in front of you. It is better if the home seller uses the policy of honesty in front of you so that you won’t get surprises of leakage and damp problems at home.

  • Structural problems

If you want a home with nice structure, then you can take a home inspector with you so that you get to know about the quality of the house. You don’t want to live in a house full of cracks and sagging roofs.

  • Neighborhood and traffic issues

You may want a friendly neighborhood but you will not like a neighborhood which throws a party every weekend giving you nightmares. You won’t want to buy sleepless nights with your new house. Before buying any house you need to check about the streets and roads near the house because if the streets are narrow or broken, then you will keep getting stuck in traffic every day. You will not want to live in an area full of traffic and noise.

  • Location of schools

If you are parents of small children, then you want a house which has good schools located near it. You will not need to worry much about the security of your child which you do when schools are located very far from your house.

  • Pest threats

Do you want to live in a house full of rats and cockroaches? A home seller will never tell you about the pest threats you are going to face in your new house.

  • Water supply system

Suppose, you have got the house of your dreams but the water supply in the house is not 24×7. What can be worst than water going out when you are using the washroom?

  • Colony constructions

You should see the site near your home properly because if you will buy a house near empty plots of land, then you don’t know what will be constructed there in a few days. You don’t want to live in a house which faces towards an unpleasant view.

So, keep these points in your mind before buying a new house for you. You don’t want to waste your money on a non-profitable deal. Buy your house after checking all the necessities.

Building Foundation Questions and Answers

How to Evaluate Home Foundation Problems

A major structural problem with your home is probably every homeowner’s worst nightmare. Find information about how foundation problems can affect the value of.

What are the signs of a bad foundation?

Here is a simple checklist of the five most common signs that your foundation is having problems.

  • Cracked, crumbling or compromised foundations. …
  • Water damage and soil shifting.
  • Sagging floors and warped ceilings.
  • Cracked, crumbling or buckling walls.
  • Improperly Fitting Doors and Windows.

What is the main cause of foundation problems?

Causes of Foundation Problems.

Water is the main enemy in expansive soils problems. … But when only part of the foundation heaves or settles, differential movement causes cracks and other damage. Most differential movement is caused by differences in soil moisture.

Foundation Problems vs. Settling

When the structural integrity of a house has been compromised, a variety of unpleasant problems can occur. But how can you tell the difference between normal wear and a problem that needs immediate attention? Your home’s foundation is, well, the foundation of your home’s overall structural integrity.

Signs of Foundation Problems: Should You Fix Them, or Run?

A home’s foundation is as essential as it sounds. Without a proper foundation, a variety of structural issues can plague a home that could end up costing you scads of cash to repair. But how do you know if a house has foundation problems, and how hard are they to fix? Never fear—the answers may not be

Is foundation damage covered by homeowners insurance?

Determining whether or not your insurance policy covers foundation issues is a two-step process. Look at your policy or talk to your agent to see if your policy specifically covers foundation damage. Typically, the small cracks that come from settling will be excluded, but other types of damage may be covered.

How much does it cost to fix the foundation of a house?

With major foundation repairs involving hydraulic piers costing $10,000 or more, and minor cracks costing as low as $500, most homeowners will pay around $3,972 to repair foundation issues. Here are a few things that can influence the cost of a foundation repair.

How much does it cost to pour a concrete foundation?

Materials: Poured slab concrete typically costs $3-$5 per square foot. Footings 1 can add an additional $1-$2 per square foot. A crawl space foundation can be a better option, but it also requires more materials and labor time and can double the overall cost of the project.

Which is better concrete block or poured foundation?

What is the best foundation for building a house?

Basements, crawl spaces, and slabs are the three main foundation systems used in houses. In wet and coastal areas, it is sometimes common to put houses up on posts as well. The slab is probably the easiest foundation to build. It is a flat concrete pad poured directly on the ground.

Poured concrete wall foundations are arguably stronger than cinder blocks. Poured walls have a better lateral strength, which means they are able to resist more pressure from the water and the soil from the outside. A poured wall doesn’t have joints like a block wall so it is easier to waterproof.

How do you dig a foundation for a house?

  1. Mark the outer edge of the trench for your concrete footings. To position the outer edge of your footings correctly, get a building surveyor to place survey pegs and a string line for you. …
  2. Dig the trench for the concrete footings. Keep inside the painted line while digging your trench.

How do you lay a foundation for a house?

Note: With the exception of concrete block mentioned above, these steps apply to each of the three types of foundation.
  1. Pick a site, making sure to investigate the conditions of the soil. …
  2. Have your lot surveyed. …
  3. Start digging. …
  4. Install the footings. …
  5. Seal the footings to protect them from moisture.

Five hidden costs that surprise first time home buyers

hidden costs that surprise first time home buyersAre you planning to buy a house for you for which you were dreaming for a long time? Don’t take the decision of buying a house lightly as it costs you a lot. If you want your house to be a profitable asset, then you need to know about some of the hidden costs that may surprise you if you don’t have proper knowledge about. When it comes down buying a house, the process doesn’t end with down payments and monthly EMIs. We buy a home for getting a sense of security and freedom.

  • Property taxes

While buying a house, you don’t only need to pay the actual cost of the house but the taxes come along with it. First of all, you will need to pay for document preparation. The lawyer will also charge you for the documents he will be responsible for. Government filing fees, escrow fees, notary fees and other expenses associated with transferring the house to you. Depending on the state you live in, when you buy a property, you need to spend money on for some legal documentation and processes.

  • Appearance

You should not see only the outer appearance of the house but you need to check the house before buying it as the home seller may have tried to make you fool by using plaster on the terrace to prevent leaking, by killing pests for a period of time. Parking space is also needed in a house as it is a vital element. Though this additional expense is not hidden cost any more, many people still assume their property comes with free parking.

  • Home inspection

At the time of home inspection, you should see every corner of the house properly. If you don’t give attention to the cracks in the walls of the house you are buying, then you would get a big surprise after you start living in the house because you won’t be prepared for the repair and maintenance costs.

  • Location of the house

You don’t want to live in a house surrounded by a lot of traffic and neighborhood which might be a nightmare for you. You don’t want an unpleasant location when you open your window or when you go on your terrace. If you want to get a profitable house, then it should be according to your choice. If you have small kids, then you need to know if there are good schools near your house otherwise, your kids would have to face the problem.

  • Advance deposit

The builder may ask you to pay a deposit for a specific period of time in advance. This can be for a year, or six months from the time the home will be ready. Depending on the location of your house and the costs of services offered, the fees or deposit may vary.

As you have known about five main hidden costs you may face when buying a house, you should pay more attention while buying a  dream house for you.

 

Two homes that you should never buy

 

There are great varieties of homes out there. Some of those types of homes include Single Family Homes, Condos, Townhomes and Multi-unit homes. Many of the people out there buy these types of homes for their future investments.

There are definitely great varieties of buyers out there who are even having their owns set of choices for buying their homes. Sellers are also having their own preferred choices of buying their homes and even when they are selling those. Merging these conditions to meet the perfect set of conditions is important.

Homes you should not buy

homes that you should never buyAs stated there is a variety of homes out there and even there is a range of buyers, yet there are two varieties of homes which one should not prefer to buy. One of the kinds of home is the one having higher flood insurance. This home includes those where there are higher chances of facing flood. It makes this kind of homes to fall into the category of higher flood insurance homes.

When one is intending for buying a house they should check out whether that house falls under the higher chances of facing flood either internally or externally.

If it is falling then it is not worth to buy as its flood insurance will be higher and hence it will be difficult when you move out to sell that house. Most of the buyers don’t prefer the house which is having higher flood insurance.

The second kind of home which you should not consider for buying includes those which is having only one-bedroom.

Most of the individuals prefer homes to have either two or three bedrooms as it would be necessary for a family to live comfortably. This should even not be a choice even if you are intending to expand your current plan of one bedroom house and want to rebuild it to more bedrooms. It would not turn out to be right choice either as it would be difficult to sell this house in future. Hence it is a situation of investment where you should not take risk of buying.

Combination of house categories

If your house which you have selected falls under Condos and you are willing it to buy you should definitely check out whether it is falling under higher flood insurance and 1 bedroom or not. If it is falling you should not consider buying that.

Whenever you are buying any of the houses your range of future buyers for that house should be broad for the case of ease in future. If you purchase the two kinds of houses discussed here you are actually narrowing down your option for the potential buyers for your house, which will not turn out to be a good option.

Conclusion

Thus whenever we are moving forward for buying our house we should always look upon for our future potential buyers. If you select homes which are having higher flood insurance or which is having only one-bedroom you are reducing the range of your potential buyers. It is at the last increasing the risk over your side. So one should have a wise option by not selecting the house which is falling into these two categories.

WARNING!!! Must disclose any hazards on property

All landlords have certain responsibilities towards their tenants and a majority of them do a stellar job of living up to these responsibilities but as we often see; there is always room for error. In most cases, these errors on the part of the landlord take place during the process of signing up a rental agreement or contract. It is at this phase that many landlords fail to make mention of certain hazards on the property. It is a common occurrence for tenants to file lawsuits against their landlords for non-disclosure of hazards on the property which ultimately have an adverse effect on the health and well-being of the tenants. The recurring property hazards that often attract such lawsuits are lead-based paints and toxic mold on the property.

Must disclose any hazards on property

Lead-Based Paint Hazard

Lead-contaminated dust on the premises is a common occurrence when lead-based paints on property walls or doors and windows tend to peel off. This contaminated dust is the number one reason for lead poisoning.  The United States Department of Housing and Urban Development along with the United States Environmental Protection Agency requires complete disclosure of lead based-based paint hazards before a property can be sold or leased out.

Mold Based Hazards on Property

Mold is a legitimate concern for renters as exposure to toxic mold and the ailments caused by it can lead to thousands of dollars in hospital bills or even death due to brain damage. Under such circumstances, landlords and previous homeowners are open to lawsuits for non-disclosure of mold hazards on the property before a sale or lease agreement could be settled upon.

WARNING!!! Must disclose any hazards on the property

Tips for Cleaning Your Home After Water Damage

Water Damage is a kind of serious damage to home which is mainly caused due to the faulty drainage system or even leakage in the flowing water pipe. If not handled properly it can cause serious damage to life and property.
Some of the immediate steps are required to be taken when one passes through an incident of water damage. We have discussed here some of the steps which need to be taken during such an incident which can help us to tackle the situation more smoothly.

Fixing up after going through flood

Cleaning Your Home After Water DamageFirst and foremost thing which needs to be done after going through the flood includes fixing the same. It includes fixing of the drainage system or the leakage of pipes. The second most important thing which can be done includes shutting off the power supply. It will help to ensure that there is no further damage due to electric shocks.
In the next step, we can access for the damage which is likely to be caused due to the flooding in our house. After that, we can rescue our most valuable possession to keep them safe from the damage caused due to water damage. We should even get rid of standing water and even the debris. We should then allow our appliances to dry in air.

Vanquishing the Mold and Mildew

Water flooding will further generate mold in various regions and hence it is necessary to remove the same. These molds are generated at the corner regions of the room and even over the surfaces which are porous in nature. As mold starts developing quickly we should act quickly for its prevention.
We should even turn off the power immediately before examination and dry out the area which is to be examined. Moisture which is likely to be deposited over the walls and ceilings are required to be removed. Professional cleaners should be hired in case of a higher amount of mold growth.
Hard surfaces should be cleaned which includes metal surfaces, solid wood, plastic and even the glass by use of a non-ammonia soap and hot water. Porous materials should also be thoroughly cleaned.

Prevention of future problems

Once we have passed through the water damage we should again refit the house. It should even be followed by checking if there exists any kind of leaks or damages in-house. Faulty plumbing which can cause serious problems in future should also be assessed and repaired. All the joints which are used in-house should be checked thoroughly for its proper sealing.

Thinking Of Buying A Foreclosure Home With Mold: Think Again

The banks are holding thousands of foreclosure houses. Some are in terrible shape. So before you consider buying get a full disclosure addressing any mold problems. You might not be getting a bargain after all. House Refinance Center for more information.  

Foreclosure homes are property owned by lenders and banks as a result of the previous owner defaulting on a loan. These homes can be cheaper in many cases when compared to previously owned and new homes. Though cheaper, these homes can come with problems of their own, one of which is mold infestation. Saving money is almost always a smart move and many home hunters will consider buying a moldy foreclosure home in an effort to save money. This is a bad idea for more than a few reasons. Read further to know more.

Remediation Costs

When buying a moldy foreclosure home with the intention of saving money, you have to consider remediation costs for mold elimination. The remediation cost can go up to as much as 6000 dollars when mold reaches the attic and the air ducts of a home. Spending this much money may not seem like an attractive proposition for new homeowners who are already burdened with the purchase price of the home or are considering remodeling and renovations. One must also take into consideration the chances of a poor mold elimination job which means that your new home is still moldy and continues to be a health hazard.

Medical Bills

The medical bills associated with the various ailments caused by mold are far too great to take the risk of buying a moldy foreclosure home. Health and hygiene are of paramount importance and health concerns can’t be ignored for the sake of a few thousands or hundreds of dollars.

Thinking Of Buying A Foreclosure Home With Mold: Think Again

Major Foundation Problems Not Disclosed By The Seller

Green Scene Home Inspections take you on a tour of a home on sale to understand how a professional home inspection and can save new homeowners thousands of dollars on renovations and repairs on the home they just purchased for a neat sum of money. Real Estate is expensive and a smart purchase almost always calls for the assistance of professionals in the field. In this particular instance, the narrator in the video tells you exactly how the seller is concealing vital information about major foundation problems with what may seem like an impressive cover-up job to the untrained eyes.

Fresh Paint Hides Nothing

Major Foundation Problems Not Disclosed By The SellerTo the layman, this house with its fresh coat of paint on the exteriors and new window fittings may seem like a smart buy but the home inspector quickly tears that illusion apart. The home inspector is experienced and trained to look underneath the surface and during the course of the video points out major problems with the property on sale. Without the services of a home inspector, it’s easy to imagine how potential buyers wouldn’t be able to look past the cosmetic features of the home.

Hidden Faults

The home inspector quickly unearths hidden faults like a major foundation problem, cracks at the base of the home and plumbing issues among others. If you were a potential buyer for this home, it’s easy to see how valuable the expertise of a home inspector would be to you considering the unfortunate fact that sellers proactively hide issues on the property from potential buyers.

Homeowners Say Don’t Buy D.R. Horton Homes

Homeowners of Grace Magnolia Sub-Division off Highway 31 near Spanish Fort have much to say about the shoddy construction work followed up by plain disregard for residents’ complaints by D.R. Horton builders in the area. Their grievances have been loud and clear and have even been voiced on the local news channel. Homeowners here are angry and frustrated and for legitimate reasons. Unfortunately the builders at D.R. Horton have paid no heed to their grievances thus far.

Marshy Yards

Homeowners Say Don't Buy D.R. Horton Homes 1Among a host of problems here are marshy yards that seem to pose a serious hazard for residents and their children. The sight of soggy yards with the consistency of quicksand adequately supports the veracity of their claims.

Sewage Issues

Different homeowners have different sets of problems but the common complaint all of them have is bad planning and shoddy construction. Sewage issues are on the rise and raw sewage backing up in multiple bathrooms is a source of annoyance and inconvenience for homeowner Christy Bush. A warping patio ceiling and water seepage in the garage are other problems that have Christy Bush worried.

No Affirmative Action from D.R. Horton

While multiple homeowners have multiple problems they do have one common complaint to unite them all. Homeowners are frustrated with the lack of affirmative action on the part of D.R. Horton builders. Homeowners feel ignored and all complaints and grievances have been left unaddressed thus far. Homeowners here are also proactively discouraging potential buyers from investing in D.R. Horton homes with negative advertising sign boards juxtaposed alongside “Homes For Sale” signs.

Homeowners Say Don’t Buy D.R. Horton Homes