Carol-Ann Palmieri & Al Mussi's Blog
1 Nolan Ave, Milford, MA 01757
1 Nolan Ave, Milford, MA 01757
As you go on the house hunt, you’re likely to attend many different open houses. After awhile you can get confused as to what you have seen and where you saw it. Each open house or home showing is only a short window of time. As a buyer, you’re trying to get the feel for a house. Being an observant home shopper can help you to avoid a lot of problems down the road. Check out some of the biggest red flags that you need to look out for when you attend an open house.
The Candles Are Burning Bright
You walk into an open house and see a lovely candle lit on the kitchen table. While it may make you feel all warm and fuzzy, it’s not always a good sign. Candles are a great way to mask odors. There could possibly be a musty odor coming from the sink, the basement, or another part of the house. This spells hidden damage and possible danger for you as a homebuyer. While the home inspection should pick up on things like this, you don’t necessarily want to get that far in the process. The art of masking odors could be a sign that the sellers are trying to hide something.
Be Your Own Inspector
As you walk through the home do you notice squeaky floor boards, cracks in the walls, cracks in the ceilings, or a drippy faucet? Maybe you see some patches on the walls or mirrors and paintings that seem out of place? These are all issues that could be signs of a greater problem. Keep in mind that no house is perfect, but you should do a little investigating on your own while walking through the house at showings.
The Home Doesn’t Appear Cared For
Curb appeal is one thing, but a home that looks unkept is a sign of a larger problem for you. Has the lawn been mowed? Is the fence in disrepair? How does the home appear from the outside at first glance? There are plenty of ways that you can fix up a home to make it your own once you buy it, but the question is just how much of a challenge are you up for? There is always a chance that you’ll have large maintenance costs when a home hasn’t been properly maintained by the previous owners.
Searching for homes and going to open houses can be fun. It can also be an educational experience to help you narrow down what you’re looking for and what you can handle as a homeowner.
You've attended an open house – now what? Ultimately, there are many questions for homebuyers to consider after they attend an open house, and these include:
1. Did the home match or exceed my expectations?
It is important to understand whether a home is one that you could enjoy both now and in the future. And if you found that you liked a home after an open house, you may want to proceed with an offer on this residence.
Usually, it is a good idea to carry a checklist of your homebuying wants and needs that you can use throughout an open house. With this list in hand, a homebuyer can identify a house's strengths and weaknesses.
If you ever have concerns or questions during an open house, don't hesitate to find the listing real estate agent for assistance too. By doing so, you can gain the insights you need to determine whether a particular house is a viable long-term investment.
2. What would life be like if I purchased the home?
An open house can bring out a broad range of emotions in homebuyers, particularly if these individuals see things that they like in a residence.
For example, a homebuyer who sees a large outdoor deck may envision summer barbecues with family members and friends. Or, a homebuyer who views a spacious kitchen might picture dinner parties that he or she could host in the future.
If a home brings out positive feelings, it may be a keeper. As such, a homebuyer who feels good about a home after an open house may want to move forward with an offer.
3. Am I ready to submit an offer on the home?
Submitting an offer on a house can be tricky. On the one hand, you don't want to overspend to acquire a residence. Conversely, you want to submit a competitive offer that matches the home seller's expectations.
After an open house, it never hurts to meet with a real estate agent. Then, you can outline your homebuying goals and determine whether now is a good time to submit an offer on a residence.
If you decide to proceed with an offer, ensure that the proposal is fair and is submitted in a timely fashion. In all likelihood, the home seller will have 24 to 48 hours to accept, decline or counter your proposal. Once you receive a home seller's decision on your offer, you can determine the next step on your homebuying journey.
Lastly, if a home seller rejects your offer, there is no need to worry. With an expert real estate agent at your side, you can check out other open house events in your area. And as a result, you should have no trouble accelerating the process of going from homebuyer to homeowner.
Alleviate stress as you decide how to proceed after you attend an open house – consider the aforementioned factors, and you can determine whether a particular residence is right for you.