(Part II of a two-part post)
By now, you should realize that you can’t determine the condition or surroundings of a property by looking at pictures.
And, you need to get answers for questions like these:
- Has it had water damage?
- Is it in a flood zone?
- Has it been remediated for mold?
- Is it under the airport flight pattern?
- Is it next to high-tension electrical lines?
- Is it next door to a planned industrial park?
Most MLS listings are embellished to varying degrees because no listing agent wants to mention a negative in their listing.
When have you ever seen a listing that mentions the fragrant cat pee in the carpets or includes a photo of the neighbor’s truck sitting on concrete blocks under a blue plastic tarp?
You can’t get a “feel” for the property without knowing the flavor of the neighborhood.
- How many rentals are there?
- How many distress sales are on the market?
- How well are neighboring properties maintained?
- Does the HOA have ample cash reserves?
Most importantly, you can’t see what I can see in MLS when you’re looking at homes on the internet because agent remarks are not visible to the public.
Those agent remarks often reveal details that help me determine if a specific property might be appropriate for my buyer.
Finally, do NOT buy a home on the internet without visiting the area you’re considering!
I recommend visiting the area you’re considering several times as part of your due diligence before making an offer.
Most importantly, you should find a competent, experienced, full-time professional agent and let them do your “homework”.
Pledge your loyalty to that agent by signing a Buyer Representation Agreement and let them get answers for your questions.
Need some help finding the right home?
Give me a call at (208)938-5533 or e-mail me!