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With the way the property market is right now, the prices of houses in major cities will become more and more unaffordable for the middle-class American. But the farther away you go from the city the cheaper properties get. With the help of government improving infrastructure the common citizen might be able to afford housing while working in the city.

There was once a time in history that people needed to live a few blocks from the workplace in order to have a proper job, but with the access to public transportation and private vehicles the middle class was able to move to places farther away from the city, these places are now known as the suburbs. It was only later in the 20th century were we able to do this, with cars becoming available to the public, and the United States being nicknamed “the land of the automobile”,  people were able to live farther and farther away from their workplace, which was often the city.

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With how things are now, housing is becoming more and more expensive in the city and the suburbs surrounding it, it might be necessary for developers to start new housing developments in areas farther outside the city, while at the same working with the government or other private institutions to create infrastructure, such as modern public transportation, which could allow home owners fast and easy access to the city, though this will be an incredibly expensive project, and needs to be studied even further.

While this idea is not very polished, with how the prices of homes are becoming too expensive for the majority of the country’s population, it is only by studying and pursuing new ideas can we solve our housing problem today. Unless the properties get cheaper, there is probably no other way.

How do you know that the investment property will potentially remain or increase in value? Historical data and history is the key! This is something of my own secret and mostly opinion, but knowing the history of the property is the best way to know if the property will remain in good shape, and rise in value as long as there is no major crash. For example, if you call up a Pest Control Company Muncie and inquire about houses the existed and still exist in the area who experience damage due to termites and other pests, you know that most houses there will experience the same thing in the future.

These historical data will allow you to make an unofficial profile of which properties might potentially remain structurally strong and valuable. The only thing that could change this is by the development of the surrounding lands, with the addition of schools and shopping districts, making convenience and raising the value of just the land.

Buying a home is a milestone achievement for anyone. It is a right of passage to maturity and independence. Many people go to an open house clueless on what to watch out for. Sometimes an agent will carry you away with flowery words, often leading you on until you sign the contract. Or you may come looking for a house with just your gut feel as a guide. Avoid the pitfalls of home buying by looking carefully and objectively at your prospective house. We have listed the telltale signs that you need to watch out for when scouting for a house to buy.

Pest Infestation Signs 

Research the location of the home you are prospecting to make sure that it is not a natural habitat or commonly infested with pests. The house itself could also show some sign of pest infestation. But to be sure, you need to have a professional pest control expert who is trained to locate and identify pest infestation. We consulted with pest control Bakersfield, and they advised that a professional pest control inspection should be part of your checks when it comes to buying a home. The cost of pest inspection is nothing to the amount you will spend to eliminate the pests. Early detection of the pest can oblige the house seller to fix the pest problem before you purchase the house. Or you can haggle for a discount and call your preferred pest control to handle the job. In any case, you have the upper hand on how the pest should be managed before you sign any contract. It’s important that you check the electrical wiring of the house before buying it, you can hire an electrician for this job.

Suspicious Paint Job

 Remember that it is unusual to paint just one portion of the ceiling or wall unless you are covering up a flaw. Once you spot blotchy paint job, you need to raise your concern to the house seller or agent so they can address them. Getting a bail is an easy thing if you know the right bail bondsman.

Dirty Walls and Ceilings

  Concealing a damage is wrong, but not doing something about it is another red flag. Check what caused the wall or ceiling stains. It could be probably due to leaky pipes or tattered roofing. The low price of the house is not an excuse to have issues that could cost you thousands of dollars to repair. Inform the home seller or the agent so that they can have the problem fixed.

Puddles and Water Marks

  Poor or broken Drainage is another destructive problem at home. It could cause rot and decay on wood, and even harbor stinky odor in your house. It is also a nuisance because of the leaks and spills you could have every time you use water. You can spot this problem in the yard when you see pooling of water, water stains on the walls, especially in the basement. You should also ensure proper grading of the foundation so that the water will run-off and not seep into the house.

Watch out for these sign when you do your initial check on the property you want to purchase. To be sure, contract the help of professional building inspectors and pest control experts to do a thorough examination. They will be able to spot some signs that regular buyers are not able to see.

Thinking of buying a house in Denver? Aside from considering your budget and requirements, you have to set aside a time to do an in-depth inspection of the property you intend to buy. A lot of home buyers thinks that just because the house looks new, it is free from major structural repairs and busted home fixtures. They often fail to see the minor details that signify major problems in the future.

You can avoid this mistake by taking the extra steps to inspect the property with the help of professionals. Here are necessary checks to perform to ensure that the property you are eyeing is a good buy.

Pest Inspection

It is not easy to spot pest infestation signs, such as those from termites, on a perfectly set up house for sale. Termites are highly destructive pests that could turn your home investment to shambles.

You should contract a professional pest control service, such as Pest Control Denver CO, to do a comprehensive inspection of the property before you decide to purchase it. They have the training and expertise to spot the significant signs of pests that you may have overlooked.

Building Inspection

A licensed builder, architect or surveyor are qualified to conduct a building inspection on the property you want to buy. While you can do it yourself, the professionals know what exactly to look for to find structural faults on the property.

A typical building inspector will examine all parts of the property such as the interior and exterior of the building, roof area, and floor space. They will also check the garage, laundry and toilet area, fencing, surface drainage, and pathways.

The inspector will inform you about the significant defects and safety hazards that they observed on the property. They will also advise you on the scale of repairs that you need to take on should you decide to buy the property.

Dilapidation Survey

If you are planning to renovate a property, you should consider contracting a surveying company to conduct a Dilapidation Survey. This survey is an exhaustive recording of the condition of the building, from the structure down to the minor wear and tear observed. The Dilapidation Survey report will include risk assessment, budget, and photographs to aid you in deciding if the property is worth the trouble.

Typically, the inspection takes place once you have already agreed to buy the property. However, it will be worth asking the seller for pre-inspection before you make any final commitment.

A property that did not pass your inspection does not mean that you should discard the option right away. In fact, you can use the defects you found on the property as a bargaining tool to negotiate a discount. You can also require the seller to repair the damages noted before you agree to buy the property.

Buying a house is an investment. As in any investment, you need to be wise and plan to get the most value from your investment. The inspection may seem like an added cost, but it is actually saving you from the trouble and unnecessary expense in buying a problematic property.