In today’s world, purchasing real estate is a very complicated transaction. You need someone who understands the complexities of this business. You need someone who is working for you.
If you are purchasing real estate at the Delaware beaches, you need someone who is representing you. When you call the listing agent, the listing agent is representing the owner of the property.
You need professional representation.
Sunrise Real Estate specializes in working with buyers who want to purchase Delaware beach real estate. Our veteran agents know the beach markets and the surrounding towns- Lewes, Rehoboth, Milton, Millsboro, Bethany Beach, and we want to put our local experience to work for you.
Working with Sunrise Real Estate as a buyer costs you nothing. Our fees are paid by the seller.
The agents of Sunrise Real Estate have negotiated and closed thousands of real estate transactions for Delaware Real Estate. We know the market, and we will represent your interests.
Once the contract is signed, Sunrise Real Estate’s agents will work with you to coordinate all of the necessary inspections, appraisals, surveys, etc, so that the contract will move to closing. We can refer trusted mortgage providers as well as attorneys to handle the settlement. Sunrise Real Estate will make the entire transaction smooth and fast.
Some Items to Look For When Looking at Property:
Potential Structural Problems
One of the more costly repairs to a home are structural problems. A Delaware home with a structural problems can cost a homeowner thousands of dollars to correct a problem.
When looking at homes, it’s important to be aware of the foundation. If the home has an unfinished basement it can be relatively easy to see if there is any cracking in the foundation. Minor cracking is typical of any home in the Delaware beach real estate area, however, large cracks can be a sign of structural problems with the foundation.
If a home doesn’t have a basement or has a finished basement that doesn’t allow for you to look at the foundation, another way to tell if a home is possibly experiencing structural problems is by looking at the door frames throughout the home. If the door frames seem not to be square or the doors seem to have difficulty closing, it’s possible there could be some problems with the homes structure.
If the “easy” warning signs are visible in a Delaware home, then it might be time to consult an expert or find a less problematic piece of Delaware real estate.
Pest and/or Insect Problems
Depending on the area of the home, there are certain pest and insects that buyers need to be on the look out for. A severe pest problem should raise a red flag. Many pests, especially wood destroying pests, can cause damage to a home that can cost thousands of dollars to rectify. The most common pests that should raise red flags include termites, powder post beetles, and carpenter ants.
When purchasing a home in Delaware, it makes sense to have a “wood destroying insect” inspection as a part of the contract. If you are purchasing a Delaware new home, then it should have a termite treatment as a part of the construction.
Generally speaking, the cost of a pest inspection is fairly inexpensive. The cost of a pest inspection is absolutely worth it since a pest or insect problem can cost a significant amount of money to correct.
Random Fresh Paint
One of the best ways to inexpensively prepare a home for sale is freshly painting. Painting a room is a fairly inexpensive way to make a room feel clean and fresh. This is one of the biggest recommendations that Realtors will give to home owners prior to listing their home for sale.
Delaware listing agents will not suggest a home owner paints one wall or a small area on a ceiling to cover up prior damage. When looking at homes, a room with only one wall or small portion of the ceiling that has been freshly painted should be a red flag. Why would a seller only paint a small part of the ceiling? Or only one wall? It’s possible the seller is trying to cover up a problem, which should be a cause for concern.
Amateur Workmanship & Repairs
There are some home owners who are extremely capable of doing quality work around their home. This is usually not the case, however, it does not stop home owners from attempting Do-It-Yourself projects around their home. Amateur workmanship is one red flag that buyers need to be on the look out for when viewing properties.
Some of the most common amateur workmanship jobs to keep an eye out for when looking at homes include plumbing, carpentry, and electrical work. When looking at homes it is a good idea to keep an eye out for leaky faucets, toilets, missing trim work, and other potential DIY projects.
One of the best ways to get some piece of mind on DIY repairs is to make sure a qualified home inspector is contracted to do a full inspection of the Delaware real estate prior to settlement.
It’s not uncommon that a home owner becomes immune to a foul odor. Foul odors are one of the easiest ways that a seller can kill a home sale. When looking at homes, pleasant odors and foul odors can both be red flags.
It’s obvious that a foul odor is something that can scare away a potential buyer in less than a minute, but, why is a pleasant odor a possible red flag? If a home has a plug in air freshener in every outlet, a candle lit in every room, and air fresheners hanging in every room, it’s possible the home owner is attempting to cover up a foul odor. While this isn’t always the case, it’s always something that buyers need to be aware of when looking at homes.
If there are windows opened in the middle of the winter when looking at a home, it again should raise a red flag. When looking at homes, if either of these scenarios were to arise, it’s important to find out more and ask the home owner.
Location. Location. Location.
It’s important for buyers to remember that when they are purchasing a home, they are not only purchasing the specific lot it sits on and the property itself. When buying a home, they are also purchasing the neighborhood. A red flag that buyers need to look for when purchasing a home is a neighborhood that has an overall poor condition.
Buyers should look for things such as boarded up properties and a high number of vacant properties in the neighborhood. Choosing the right neighborhood to purchase a home in is not always easy, however, it is extremely important. Buying a home in a neighborhood that is decreasing or that has crime problems can be a costly mistake.
Most buyers don’t think about how the neighborhood will impact the resale value of the home, since they don’t own the property yet. Buying a home in a neighborhood that is decreasing can create problems in the future, not necessarily in the immediate future.
Stains On Walls and/or Ceilings
If a seller has not attempted to cover up stains on a wall or ceiling with paint, this should still be viewed as a red flag when buying a home.
Are the stains a result from a leak in the roof? Are the stains a result of a plumbing issue?
If there are stains on a wall or ceiling in the home, it’s important to find out what has caused these stains. It’s possible the stains are from a prior problem that has been corrected. Not investigating a stain on a wall or ceiling can cost a buyer thousands of dollars in repairs in the future.
Electrical System Issues
Depending on the age of a home, it’s possible there are issues with the electrical systems. Inadequate or electrical issues need to be viewed as a red flag for a buyer. Many older homes still have older electrical panels with fuses and even some homes still have knob and tube wiring, which can cause significant problems.
It’s understood most home buyers are not professional electricians, however, simple things such as turning on light switches, checking for flickering lights, and checking outlets are all good ways to tell if the electrical seems to be working properly. Most home inspectors will inspect the electrical panel and test the outlets to ensure the electrical systems are not a safety concern.
Water in a home is something that almost every home buyer will be terrified of. Most water problems in a home are directly related to poor drainage or grading. The Delaware beach real estate area tends to be very flat, which means that the water does not necessarily move away from the home quickly or easily.
Poor drainage is something that isn’t always easily detected. An obvious sign of poor drainage is pooling water. If the yard of a home has mini lakes, it likely has poor drainage, which can lead to water problems inside the home. Other signs of poor drainage can include overflowing gutters, migrating mulch in the flower beds, water stains on basement walls, and cracking in the foundation.
Proper grading can make a huge difference when it comes to water problems. It’s common sense that a negative grade resulting in standing water on the foundation can create water problems. It’s important that the overall grading is sloping away from the homes foundation and that water is being run-off away from the homes foundation. A relatively easy and inexpensive way to keep water away from a home’s foundation is by installing gutter downspout extensions.
First, mold is present in every home. It’s a naturally occurring organism. If you are wondering if a home (ANY home) has mold, then stop wondering- the answer is yes.
Active, growing mold can be a sign of a greater problem in Delaware real estate.
Similar to water problems, mold problems should raise red flags when buying a home. Mold can lead to major health problems, especially for young children. Mold problems are not always easily discovered, however, if a home you look at has mold problems, you need to consider whether the home is the right fit or not. There are many considerations that need to be taken into account to help determine whether buying a home with mold is the correct decision or not.
Mold remediation can be completed on a home, however, it can be costly. Like many of these red flags, most home inspectors can help discover mold problems in a home. The most common areas for mold in a home are basements and attics. There are companies that can perform mold tests to determine whether for certain a home has mold or not.
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