When buying a foreclosed home, the cost of the property and the condition of the neighborhood are often the main focal points for a buyer. Looking at these factors would be wise, but it would be equally unwise if a buyer ignores some seemingly minor details that can cause a lot of trouble once the property has been purchased.
Pipes and water control
A home can look great at first glance, with its walls, flooring and foundation in good condition. However, some important fixtures might not be too visible at first, so it is the responsibility of the buyer to check whether they are in proper condition.
One aspect of a residence that should always be in tiptop shape is the piping system. If the pipes are in poor condition, this could lead to leaks which can then lead to molds which can eventually lead to foundation damage.
For homes that have been unoccupied for some time, piping can be a real problem, particularly during the winter. Cold weather can cause the pipes to crack without anyone noticing it until the buyer has moved in and turned on the tap.
Another important, but often neglected, aspect that should be checked before buying a foreclosed home is the landscape. A forest-like yard or garden might be ignored since buyers think that plants can be easily cut down or trimmed to improve the landscape.
However, huge trees and plants that have been neglected can cause damage to the dwelling, with tree roots worming their way right into the foundation of the structure and branches falling on roofs. Pavements and floors can be damaged by plant overgrowth, not to mention the fact that plants might seem easy to take care of, until the buyer starts on the work and realizes that these plants have had their roots dug deeply on the land and are highly resistant to clearing efforts.
Buying a foreclosed home entails careful planning and thought. Buyers should make sure that unexpected problems will not creep up on them once they move in. It is best to cover all bases and hire professional inspectors and landscape architects to evaluate the real condition of the property.