When it comes to selling a home, both sellers and buyers are invested in showcasing the property's best features. However, some sellers may attempt to conceal certain issues that can have a significant impact on the property's value and livability.
If you're looking to buy a home soon, here are five common problems home sellers may try to hide during the sales process.
Water Damage
Water damage is a silent troublemaker that can wreak havoc on a home's structural integrity and aesthetics. Sellers might strategically position furniture or use fresh paint to mask signs of water damage. Some sellers also pile cardboard boxes or suitcases to conceal water leaks in the basement.
While viewing a home, be vigilant in inspecting ceilings, walls, and floors for discoloration, mold, or musty odors, as these can indicate underlying water issues. You can also ask the homeowner to move the furniture a few inches or remove a large picture frame to take a peek at the wall behind it.
Contaminated Backyard or Basement
A serene backyard can be a selling point, but some sellers might not disclose contamination issues. Toxic substances in the soil or water can pose serious health risks. If the house was built before 1975, it could have large oil tanks in the basement or underground that could leak and contaminate the soil.
Ask for environmental reports and check for signs of contamination, especially in basements where leaks or spills may have occurred. In addition, watch out for any small fill pipes sticking up from the ground, as these can point to an oil tank.
Problem Neighbors
The charm of a perfect home can quickly fade if you have problematic neighbors. Sellers may not willingly share information about noisy neighbors, property disputes, or other issues that can affect the quality of life in the area.
As such, buyers are advised to engage with potential neighbors during visits to get a feel for the community atmosphere. They can also take a stroll around the neighborhood at different times to get a feel of the area.
Pests
Infestations of pests such as termites, rodents, or bedbugs can be a nightmare for homeowners. Some sellers may hire pest control services before listing the property, but it's crucial for buyers to conduct their inspections. During viewing, look for droppings, gnaw marks, or structural damage that may indicate a pest problem.
Emotional Defects
Not all problems are physical; some homes carry emotional defects. These can stem from tragic events, such as crimes or deaths, and might be concealed to avoid stigmatizing the property.
Research the home's history, and if necessary, inquire with the seller or the real estate agent about any events that may have occurred on the premises. Do note that sellers in some states don't necessarily have to disclose whether the property has any "emotional defects."
