Buying a new home is beyond exciting. So exciting, in fact, that it can be easy to overlook major red flags before you’ve made the purchase. Is that chipping paint just old, or is it a potential $10,000 removal expense? What about those odd splotches on the ceiling — are they leftover tossed spaghetti stains from an unruly toddler or the remnants of water damage?
Below is a helpful infographic to help you identify the top 10 red flags when buying a home. Print it out, save it on your phone, bookmark it — whatever you need to do for a quick reference. It just might save you a lot of time and a massive financial headache.
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Tags: Everyday Living, first option mortgage, first time home buyer, home mortgage, house hunting, mortgage education, Real Estate