What To Look For When Buying A Home

Buying a home can be a bit like buying a carton of eggs. You never know what you're going to find when you look inside — bits might be missing, cracked, old, broken or rotten. So you have to check carefully to make sure you are getting what you pay for.

Here Are A Few Nasty

Surprises To Keep An Eye Out For:

• Turn the taps on in the kitchen, bathroom and laundry to check the water pressure, performance and drainage. Check for dirty water. You might like to leave the tap running for a minute and it can't hurt to drink the water for a taste test.
• Check the hot water system. Is it big enough for your needs? A family will need more hot water than a couple. Also check for leaks, rust and age. Replacing a busted hot water system can be expensive and is not the sort of thing you can put off. If it is gas, check for the system's last servicing.
• Good insulation can save hundreds on heating and cooling bills. A quick visit through the manhole should give you some idea of its condition. Also check for cavity wall insulation.
• Are there major cracks in the walls or do the doors stick? This can be a sign of subsidence. This can be an extremely expensive problem to fix and is usually not covered by house insurance.
• Be extra cautious if the house has been recently painted as it could be masking serious problems.
• Take a torch to shine on the paintwork in dimly lit rooms to see if there are any obvious structural defects that are not clearly visible in the dark or have been painted over.
• Check for damp. Feel the walls and look for signs of peeling or bubbling paint. Watermarks are a dead giveaway, as is mould. Fixing damp can sometimes run well into the tens of thousands of dollars. If freshly painted, rely on your sense of smell.
• Bathrooms often have mould. Mould can't just be painted over. A serious problem will usually involve installing a new ceiling/wall and better ventilation.
• Check all the windows. Do they open and slide easily? Do they have cracking paint? This could be a sign of rot. Press your finger into the wood. If it's soft, it is rotten.
• Tap the walls to do a preliminary termite check. You can get instruments which measure humidity behind the walls as this is often a sign of infestation. Termites are not usually covered by house insurance so make sure you also get a professional in if you decide to buy the house.
• Good storage, like built-ins and sheds, can save you over time whereas a lack of storage is bound to cost.
• Are there any unusually shaped, difficult to furnish rooms?
• Make sure there are sufficient power points and that they are at your preferred height and position in the room. New points will cost money.
• Check for Internet access.
• Check that the toilet is on the same level as the bedrooms for easy access. If it is a two-storey house, it is nice to have a toilet on both levels.
• Check the location of bedrooms. Parents often want children to be on the same level as them.
• Do you like the wall colours? Repainting can be expensive if you employ a professional. However, if you don't mind painting yourself, try to look past the psychedelic paint job, as it can be a relatively inexpensive project that can add value to your home.
• Old-fashioned electricity switches can point to old wiring.
• Visit the house on a rainy day to check for leaky rooves, walls or ceilings.
• Are there cracked tiles or loose grout in the bathroom or kitchen?
• Check for fly and mosquito screens. In summer, these will be a must and are likely to cost up to $1000.
• If you intend renovating, check to see if there are floorboards under old carpets, and their condition. People sometimes do insane, cheap things like staple the carpet to the floor and use industrial glue for their tiles. Both these things will add significant expense and time to floor polishing costs. Carpet should be easy to raise without many rusted nails or staples.
• Kitchens and bathrooms are the most expensive rooms in the house to renovate so pay close attention to the age and quality of cupboards, benches, plumbing fittings and tiling.
• In old houses in particular, check for holes in floorboards and cracks and fissures that let in vermin and cockroaches.  
• Measure spaces in kitchens and laundries to make sure your appliances such as refrigerators, washing machines, dishwashers and microwaves fit. Failure to fit could cost a couple of thousand dollars in replacements.
• Make sure your furniture fits in the rooms.  
• Check for the materials used in cupboards and benches. Good materials will last a lot longer.
• Check out the floor coverings. Will they need to be replaced and if so, when?
• Does the house have central heating or air conditioning? If so, how old are they? Check to make sure they are functioning well.

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http://money.ninemsn.com.au/article.aspx?id=225107

10 Ways To Make Home Buyers Hate Your House

1. Odors

House odors are number one on the home selling uh-oh list. And narrowing it down, odors from cigarette smoke and pets take top billing, with mildew not far behind.
If you smoke indoors--the house smells like cigarettes. If you have pets, the house might smell bad--even if you don't notice it. Ask someone who doesn't live there to take a sniff, and don't get angry when they tell you the truth.
Eradicate the odors so that you can present potential buyers with a clean, fresh atmosphere--not a house that's full of perfumes to cover up the odors.

2. Dogs that Meet You at the Door or in the Driveway

Dogs frighten some people and irritate others. You'll have a much better response from showings if you control your pets--dogs, cats, whatever.
You say you plan to put them in a bedroom or garage and then ask people not to open the door to that area? Bad idea. Would you buy a house you can't inspect? Of course not.
Remove pets during showings if possible. If you can't, contain them in crates for their own safety and to show respect for the feelings of potential buyers.

3. Dirty Bathrooms

Grimy bathrooms are an instant turnoff. Scrub them, paint them, buy a new shower curtain, rugs and towels--do what it takes to make them shine. If you're serious about selling the home, the extra work is a must.

4. Dimly Lit Rooms

Dark homes are a turnoff to most home buyers, so try to brighten them up:

• Replace dim light fixtures
• Install additional light fixtures
• Install (quality) sun tunnels or skylights
• Remove heavy drapes to let the light stream through windows
• Repaint some rooms with colors that reflect light
• Trim tree limbs that shadow the house

Dirty and fogged windows are another buyer turnoff. Clean them inside and out to bring in more light. If possible, replace any double-pane windows with broken seals. You can find them by looking for a foggy residue that cannot be removed.

5. A House Full of Busy Wallpaper

Busy wallpaper in every room turns off most buyers, and even people who love wallpaper rarely like what you've chosen. It's a personal decorative touch that they want to select themselves.
It's the masses you must appeal to when you're selling a home, so take a hard look at your wallpaper and decide if it should be removed and replaced with paint. Don't paint over it, because it will be obvious that you did--and buyers know that makes removing it even more difficult.

6. Damp Basements

Dampness or damp smells in the basement throw up a red flag to buyers that the foundation leaks!
Most problems we see are not caused by faulty foundations. They occur because rainwater is being diverted towards the foundation instead of away from it.

• Clogged underground drains
• No rain gutters along roof line
• Downspouts aimed the wrong way

Go outside the next time it rains and determine where runoff water is going.

7. Bugs

Roaches, spiders, any insect that shouldn't be in the house. Get rid of them.

8. Poor Curb Appeal

You must grab a buyer's interest from the curb if you want to sell the home for top dollar. Home buyers often refuse to go into a house with an unkempt yard, sagging doors or peeling paint. You say you can't afford to paint? Okay, but get that yard in tip-top shape and grab a screwdriver to fix those doors.

9. Gutters with Plants Growing in Them

I'm serious. Some people never clean their gutters, and it always makes buyers wonder what else hasn't been maintained.
Remember the drainage issue in #6? Cleaning packed gutters might help.

10. Sellers Who Hang Around for Showings

Yes, you... leave the house during showings. Home buyers feel awkward about opening closet doors and lingering for a really good look at the house if the seller is home.


http://homebuying.about.com/od/howtosellahome/a/buyer_peeves.htm

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