Stating the Facts About Real Estate

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Stating the Facts About Real Estate

Buying real estate can be a really good investment. There are a few different approaches you can take. Many people choose to simply buy themselves a home and pay into the mortgage over time, building equity. You could also buy an apartment community or a couple of homes to rent out, profiting from the rent, and then profiting again when you sell the homes. Regardless of which approach you take, it is important to know the facts. This blog is a good place to find them! We state the facts on real estate, and we cover a wide range of topics for your benefit.


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Red Flags To Watch For When House Shopping

House shopping is the process of viewing homes for sale to find the right one to buy. You can view one house for sale before making an offer or many, but you might want to know a few red flags to watch for as you house shop. There are many things that you can view as red flags, but here are some of the top red flags to keep your eyes open for as you tour houses for sale.

Strong Smells

When you enter a house, it will have a scent, as all homes do. If you smell really strong smells of any kind, you might want to view it as a red flag. The strong smells might be odors that are not pleasing to your senses, but they can also be pleasant-smelling things. Bad odors can be hard to eliminate when you purchase a home, and they can indicate problems. For example, smelling mildew in a home might mean that the home has moisture issues.

Smelling strong candles or air fresheners might be a sign that the homeowner is trying to cover up some bad odors. You can often detect these types of odors as soon as you enter a home.

Signs of Water Damage

You should also keep your eyes open for signs of water damage. Water damage can devastate a home's structure. It can lead to mold developing in the house and many other issues. You can look at the walls and ceilings to see if you can see water spots. You can also look under and around plumbing fixtures to spot signs of water damage.

Signs of Lack of Maintenance

When you walk into a home, you can usually tell right away if the homeowner has properly maintained the house. If you see signs that they have not maintained it, you might want to view this as a red flag. Failing to maintain a home might indicate that the home has more problems than you can even see.

Windows and Doors That Do Not Work Properly

You might also want to test the doors and windows in the house. If they do not open and close easily and properly, the home might have some foundational issues.

You can use your senses to judge a home's condition when touring houses for sale. If you have questions about a home for sale, talk to a real estate agent today.