When looking at Corona del Mar homes for sale, it can be easy to get caught up in luxury features and forget to pay attention to the basics. It’s also more enjoyable to add these kinds of elements to a home instead of making the corrections that count. Before investing in a property in this popular area, make sure you evaluate real estate for the following warning signs.
Foundation Cracks in Corona del Mar Homes for Sale
Problems with the foundation of a home are one of the most expensive repairs to make. Pay attention to any cracks you see in the exterior or interior walls, especially those that support a significant amount of weight. When in doubt, have an expert take a look to make sure foundation issues aren’t a problem. Homes that have these kinds of issues often have many others lurking just below the surface.
Termites and Bedbugs
It takes a special inspection to go through a home looking for pests. Insects are just a fact of life in some areas, but these particular species are invasive, damaging and nearly impossible to get rid of. Bedbugs can overtake a home and leave it inhabitable for months while professional exterminators do their worst. Staying on the property is impossible unless you want to be bitten nightly.
Termites, on the other hand, do significant damage to structures and quickly spread between neighboring properties. If one house in a development has them, you have to make room in your ongoing budget for preventive measures to keep your new home safe and secure. These costs can be tremendous depending on the area, the elements of your home and the level of infestation in your area. Ridding a home of termites once they’ve settled in is an expensive, extensive process that typically includes thorough structural replacement and repair.
Plumbing, Roofing and Pool Renovations
While many of the Corona del Mar homes for sale you wind up evaluating will be newer construction or recently renovated, others will have issues with roofing, plumbing or pool restoration that can bury you in surprise bills. It’s especially important to have separate inspections done on various parts of a home to ensure you know what kind of costs you’ll be facing. Knowing how much mortgage you can afford won’t prepare you for home ownership if surprise repairs wind up doubling your monthly bills. Do your due diligence and spend the extra money to thoroughly check out any property before you commit to a purchase.
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