Finding the right home can sometimes feel like hunting for a needle in a haystack. Unless you're buying brand-new construction, every home has some drawbacks, whether it's style or real maintenance issues. If you're looking for your next home, understanding the difference between minor issues and true deal-breakers can help you evaluate your options and make the best possible choice.
- Cosmetic - All aesthetic concerns can be fixed - for a cost. The key is to understand the difficulty and level of effort or money involved. A dying lawn can be addressed with new sod. Is the kitchen dated? A new backsplash is relatively inexpensive. With some fresh paint and new lighting fixtures, you can easily brighten a room and make a small space seem more expansive.
- Healthy Homes - Many homes have older carpet, drapes, and other elements that can irritate allergies. Home air filtration systems are affordable and very effective in clearing the particulates out of the air. Replacing the attic insulation and cleaning the vents are easy and inexpensive ways to correct these situations.
- Foundation Problems - Foundation cracks and other issues can be expensive or impossible to correct.
- Mold - While treatments for mold are available, they normally involve major demolition to open walls and flooring for access. Unless the sellers will correct the mold issue before closing, it's better to reconsider on this one.
- Water Leaks - Signs of water damage or existing leaks could be a reason to search for a different home. Leaks and water issues will most likely bring you to the mold issue above.
Buying a resale home almost always involves some kind of preexisting issue, but not all should be reasons to walk away. If the home you like has problems, before you move on, consider the costs involved to remedy the challenge.