Thursday, June 30, 2016

Home Buyer Tips: New Paint is Not Always a Good Thing

Fresh paint sounds like an automatic positive selling point.  In many cases it certainly would be.  But, as a buyer, there is one time when new paint may not be your friend. know, investor quick sales. 

No, this is not an accusatory post. 

Rather, consider it as a cautionary post.

As a general rule sellers disclose and buyers verify.   But very often investors are quick to point out they have "no disclosure because seller never lived in house."

Still investors should know if they previously repaired a leak in the roof, had an AC issue or whatever if there were tenants in place for any given time. 

And with a foreclosure sellers may have idea of previous issues based on the condition when purchased.

So when buyers walk into a new foreclosure flip, the new paint will look clean, the plumbing fixtures and the like will be new but what about any underlying issues.

That is the reason I always urge buyers to have a property inspection performed.

While a property inspector may not be able to tell a prospective buyer what is behind the paint they may be able to tell if moisture is present.  And they do a lot more!

Here are a few more articles on buying a home.
Ready to buy a house in Viera, Florida?  call or text me at 321-693-3850 if I can help in any way.  If you prefer, send me an email.