Purchasing a home is the biggest investment you can possibly make. This is why you want to make sure everything is absolutely perfect before you move in.
So what exactly is it that you should be looking for on your walk-through? Here are some of the key points to consider before sealing the deal.
Details to look for
One of the first things you will want to take notice of is the major appliances. If some of these are not working (or possibly outdated) then it can be an expensive fix. The refrigerator, washer and dryer should be the first places to check.
You will also want to check the basic wiring in the house by trying out all of the light switches. If there is something that is included with the house, it will be documented. It will be important to note that they are present at time of move-in and in working condition.
If you remember moving into an apartment for the first time, you’ve likely searched for damage. This is because the landlord may have tended to charge for damage that wasn’t actually caused by the new tenants.
The same way of thinking should be brought into the house as well. If you can take account of damage that is around the house, you can use it as a bargaining chip. You can also do a rundown of before and after you move into the house. This way, if the damage was caused by the previous owner, they can be liable for it.
Do your own inspection
For free, you can download a template of what to look for during home inspections. You may not have the same level of expertise as a home inspector, but you can still look. If something appears awry, you can request further inspection.
Having a house inspected can cost $400, so you should take advantage of the walkthrough first while it’s free. Make sure that if you are going to spend the money, you have an idea that there may be a problem.
What to do if there is a problem
There are many different things you can do if there is a considerable problem with the home. If you want, you can remove yourself from the deal with the seller. This should only be used if the repairs to the home are going to cost an amount that goes into the thousands.
You can also request from the seller that the fixes be made at their expense before you finalize any deal. If you can get them to agree to the repairs, then you will want to get it in writing. In the event that they do not actually make the repairs, there could be legal action you can take.
It’s not the ideal situation to have to take a buyer to an attorney’s office, but it may be the final option. As long as you know what to look for when you are walking through the house, you should be able to get what you want out of the deal.