Not everything is exactly what it seems, and this can translate to a more literal sense when you’re buying something. When you buy, say, clothes from a retail store – the more efficient shopper will look for signs of wear and tear of the fabric, see the make and (if they are skilled enough) be able to tell the quality of the stitching by sight. This is so that the buyer can know exactly what they are getting with their money, to see if this hypothetical piece of clothing is worth the price it is being sold for. If it is that level of efficiency and care that is taken in order to be careful and wary for clothing, the knowledge that you must have before purchasing a legitimate home is leagues more complicated than that.
Unlike clothes, the dangers that a home might present could be as blatantly obvious. You may have heard of the adage that goes along the lines of “the walls have ears”; but the walls could very well hide things just the same. When buying a home, there is no fault in being pedantic in order to be properly sure that the house is situated in a good neighborhood with pleasant surroundings and that the structure itself was built upon steady enough foundations. If there are hazards at play – such as a likelihood of flash floods, fires, or earthquakes – the buyer needs to be made aware of these circumstances and this is legally required from sellers in the form of a natural hazard disclosure.
These are documents that are publicly available for a certain price, yes, though not all sellers are reputable or can be relied upon to give sufficient warnings of the house. After all, anything can be found and forged these days that you must practice diligence of your own in order to not be duped or scammed into purchasing a house that may have more dangers than you signed up for. There have even been some statements that have said that natural hazard disclosure reports have been able to save prospective buyers from having to hand out hundreds of thousands of dollars in repairs and decontamination fees.
The damages may be, as they say, skin deep – and there are certain things you must look for, before making a grand decision such as purchasing a house.Read More