Thinking of buying a home in Erie, PA? Here are some things to know—from the pros and cons of buying new construction to some key mistakes to avoid when buying resale.
The Pros and Cons to Buying New Construction
by Marsha Marsh with Marsha Marsh Real Estate Services
Finally, you've narrowed down your home search to a handful of listings or less. You're officially one step closer to turning the key and walking into your new home.
But before you pop the champagne you'll first want to make sure that your new dream home doesn't have any hidden horrors. We wanted to give you a few things to focus on when choosing the right home.
5 Things to Keep in Mind When Buying Resale
Avoid a "Jekyll-and-Hyde" Neighborhood
Unfortunately for some communities, daytime and nighttime atmospheres are completely different. Always be sure to drive through during daytime and nighttime to get a better idea of what the area's like around the clock.
- Don't just drive by during a neutral time like early afternoon.
- Visit more than once.
- Vary your days and times.
- Include evenings and weekends, when most residents are home.
High Traffic Could Mean Lower Value
As you're driving the streets of the neighborhood, be sure to note if the home you're interested in is in a secluded section that's more private or if it's in a high-traffic area. This may seem trivial, but the truth is it matters quite a bit.
- If you have children, you'll feel less comfortable letting your kids play outside unattended in a more trafficked area.
- Don't have kids? Consider your resale value—this can be a serious deal-breaker for some parents.
Don't Be Afraid to Get "Touchy-Feely"
If all looks good at this point, you should schedule a home viewing. When inside the home, be sure to do more than look around. Now's the time to find out if there's anything that needs repair or may be a major problem down the road.
- Don't be afraid to get in and take a good look.
- Test doorknobs. Open cabinets and windows.
- Turn on all faucets and light switches. Flush toilets.
- If something doesn't work, now is the time to know, not after closing.
Test the Water & Follow the Drip
While you're in the process of testing the faucets, be sure to pay attention to water pressure and water color. Contrary to what the seller may say, that brown water isn't actually Pepsi.
- Make sure the water is clear and the stream is consistent. If either is off, it may be indicative of a bigger problem with pipes or water heater.
- Look under each sink and on floors. Possible leaks could lead to mildew or worse, MOLD!
Last, but certainly not least, assess the roof of the home. This means the exterior as well as the interior. Getting a ladder may not be necessary, but considering the investment you're about to make, it's not a bad idea.
- Inside the house, look for water stains where the walls meet the ceiling. This could indicate a leaky roof.
- Outside, look for damaged shingles or signs of significant wear and tear.
- The cost of significant roof repairs or a new roof is enough to make walking away a smart decision.
You Don't Have to Go It Alone
We want you to have as much information as possible when searching for your dream home. We're here to partner with you every step of the way. Contact us at firstname.lastname@example.org and we'll help you get moving.