Sunday, June 29, 2008

Homebuyer beware, seller could hide flaws in your dream home

Homebuyer beware, seller could hide flaws in your dream home
Last Update: 4/08

We've all heard it's a home buyer's market, but that could mean the home seller is desperate.

They may go as far as hiding flaws in the house, so how do you make sure you're not buying damaged goods?

Homebuyers need to know how to ask the smart questions in this Home Smart consumer alert.

Home sellers are required by law to 'tell all' when selling their home, but you and your real estate agent will want to have a licensed, bonded professional look for chinks in the armor from rooftop to foundation.

Buyers want to check there is no settling or cracking in the foundation, no 'waving' of carpets, or cracks in walls.

The inspector will check the air conditioning system, hot water heater and plumbing and electrical systems.

But there is a limit to what the seller has to divulge, such as whether a crime has been committed in the house or if a sex offender had lived there.

So before signing on the bottom line, make sure you have checked every nook and cranny so you don't get burned.

Historic Phoenix homes Specialist, Laura Boyajian has become an expert in this field. She knows what to look for and how to look for it. She has worked extensively with Structural Engineers, Architects and Contractors and Builders gaining an extraordinary knowledge. Contact her today for more information and to have her help you find a solid historic home in downtown Phoenix.

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