Real Estate Listing Red Flags
It is common nowadays to hire a real estate company or agent to handle all that is needed when buying a property. When you hired a professional realtor, you can guarantee that you are in good hands. Nevertheless, it is still best to conduct your own search of property listings because this gives you plenty of time to scrutinize the properties that interest you. Realtors do give time to their clients to check the property listings they have found for you, but when you have conducted your own research, you can easily narrow down your choices.
As a homebuyer, it is necessary that you know what must be watched out for in order to avoid any disasters in the end. Beware of the red flags when viewing real estate listings. There have been cases in Houston, TX regarding fraudulent property listings, especially those found online. No one wants to be one of the victims, so think twice before making any arrangements or agreeing to any deals. It is apparent that you intend to enhance your information in this subject. And you also most likely want to enjoy your experience while doing it. This is why Keller Williams Houston will educate you during the process in best possible way so you’ll be absolutely confident before making your purchase decision.
Whether you are searching online or viewing a property shared by your realtor, beware of these red flags.
No available photos – this is the number one reason why you should not take any interest in a property listing even if it has the cheapest offer in the market. Everyone has now access to a camera, especially that phones have a camera. The property’s realtor could have managed to take pictures of the property. You could wait for a day or two to check if they have just forgotten to upload the images. If there’s none, then you could think that there is something wrong with the property and they do not want to show it.
Overwhelming location images – while it is good to have pictures of the location of the property, it should not outnumber the images of the house intended for sale. There are property listings that showcase the surrounding area rather than the actual house. This is a red flag because the realtor or the owner might be enticing your senses that the property is located in a beautiful location, but the house might not be that enticing. Remember that you need to know what the house look like and not what’s around the property.
Not open for negotiation – you might have encountered some property listings that mention ‘as is’. This means that you purchase the property with its current condition. The house could have broken windows, doors, or plumbing issues. Some property owners are open negotiating the price like they will handle the repairs for a higher selling value. If that sounds better for the buyer, the deal is good. However, there are listings that do not mention about repair issues and sometimes not open for inspection. Thus, when the house is purchased, that is the only time you will discover the problems.
These are only three of the red flags that every home buyer in Houston, TX should be aware of. If you are looking for real estate properties, make sure to contact a professional realtor to help you find the home of your dreams.