Buying a good home is one of the most important financial investments that most people work hard for to achieve, and your home will likely become a major financial obligation that you’ll be paying off for years to come. While home ownership can be an exciting prospect for a first-time homebuyer, remember that you should never rush into making a purchase, lest you end up carrying the enormous burden of a bad deal throughout your entire mortgage period.
A home for sale in Canada’s Terminal City, for instance, might be in an excellent neighbourhood and comes in a style that pulls at your heartstrings something that gets you hyped up and ready to hunt for a mortgage lender. However, after closing the deal, you find out too late that the house is riddled with flaws, maybe a leaking roof, foundation problems, or bad siding. Hence, to avoid this predicament, an article from MSN Money by Liz Weston, highlights the following considerations that you have to keep in mind when looking at affordable homes for sale in Vancouver.
Find out if the foundation is safe and stable by employing the simple technique of dropping a smooth marble on the floor and observing if it rolls far and fast; if it does, you too, had better run far and fast to another prospective house. Sagging and sloping floors, which causes a marble to roll quickly, are indicative of serious foundation problems that can cost a fortune to fix, so it might do you well to put some marbles in your pocket while checking your prospects.
Dig a little deeper into the history of the property that you’re about to buy and take note of the geological condition of the place where it stands; in this case, what you don’t know can kill you. Stay away from homes that have cracks on the ceiling or siding, and have fractures radiating from door or window frames, as these are signs of earth movement that can put your home and your life at risk. Thus, if you’re looking at a nice home on a hillside, consult with a geotechnical engineer first.
Of all the problems that a house could have in its lifetime, water damage should be the biggest turnoff to prospective buyers. A water damaged ceiling, roof, siding, or drywall can trigger rot and mold growth that can definitely compromise the house’s structural integrity and negatively affect your health. You should have the house professionally inspected for such issues just to be sure.
The best homes for sale in Vancouver are those that have none of the problems mentioned above. Fortunately, there are real estate professionals from established companies, such as Vancouver Canada Homes, who could help ensure that you only get the most structurally stable home so you’re monthly mortgage payments would actually go to purchasing the house and not be eaten up by repair expenses.
