Property experts at onlinemortageadvisor.co.uk have shared what red flags prospective buyers should watch out for when buying a home. While a home may look like it’s in good shape, sellers could be papering over the cracks. Here are the red flags you need to look out for:
If the property has been given the all-clear for mould, the plumbing or drains could be the issue.
Look out for candles and air fresheners – if there’s a lot of them in one place or dotted throughout the house, they could be trying to cover up something unpleasant.
The surrounding area
Research is key when it comes to choosing an area.
If you type in your preferred location online and find articles about reported crimes and lots of negative press, you may want to consider looking elsewhere.
You may want to research the safest areas to live if security is a big concern.
The price has recently dropped
You may think you’ve bagged yourself a bargain but there could actually be an underlying reason why a home’s price has dropped dramatically.
There is a chance a seller could be looking for a quick sale due to personal circumstances.
But if the property isn’t selling, there is likely a good reason why.
Make sure you ask the estate agent why the property has decreased in price.
When looking around, look out for red flags – they could be the reason why the price has recently dropped.
More from onlinemortageadvisor.co.uk here.