Buying Your First Home? Avoid These 3 Red Flags

Posted by wadmin on Monday, April 23, 2018

Stone Bridge Mortgage Group_Buying Your First Home Avoid These 3 Red Flags

Your first home buying experience can be a complex endeavor but knowing precisely what to look or and what to avoid will serve you well in your search. Keep your eyes and ears peeled for these significant red flags while on the hunt for your new home and you may just end up avoiding certain disaster.

DIY Additions — For many homes, DIY additions add value and charisma, but for other homes, these additions add unnecessary liabilities. Be certain you’re well aware of any issues with the addition and have them closely examined by an inspector you trust before committing to the sale.

Termite Damage — Structural damage to a home is remarkably difficult to bounce back from. Even if the home you are contemplating purchasing has eliminated a termite threat, any residual damage must be scrutinized.

Mold — In the damp Pacific Northwest, mold can be a pervasive issue in many homes. Thoroughly conducted inspections should identify mold issues, which should then be considered judiciously before any commitments are made.

Stonebridge Mortgage Group can help you with your real estate loans and other mortgage solutions, both residential and commercial. We serve the greater Portland area and are located in Gresham, Oregon.

Call us today at 503.661.5580

 

Categories: General

Leave a Reply