Everyone has had the same problems and issues when they decided to buy their first house. It is no secret, in fact, that buying a house is a big step, and one that you should plan well, before committing to it.
If it is true that you need to have a constant flow of income before buying, it is also true that there are certain characteristics that make a house not a great deal for first time buyers. However, it is easy to overlook these details, as the buyer can be blinded by the excitement and emotions of the moment.
In this article, we are going to spend some time talking about the characteristics that you need to look for in a house in order to disregard it as a buying option. Basically, if the house you are trying to get has any of those things, we advise you to stay away from it and to look for something else as it will literally save you a lot of money down the road.
Weak walls or uneven floors
Let’s start with this. When you are looking for a house, the design it is not everything. In fact, it can happen often that the most beautiful houses do not have a great foundation or structure. Even if they look pretty, the best thing to do is to take a close look at the walls. How do they look? Do they seem strong and solid or are they weak and “empty”? If the answer is the second one, then you should definitely stay away from that particular house. In fact, weak walls will eventually cause some damages at your pocket and, if you are not aware of the costs, we can assure you that we are not talking about a small number. Go for solidity. Small vertical cracks may just need a sealant to fix the problem, while bigger, horizontal cracks indicate more severe structural problems. We would also recommend to rather get a structural engineer in for an expert opinion if you are unsure of the condition of the foundation of the home you are interested in.
An old trusted method to test the evenness of the floor, is to drop a marble on the floor and see how far, and fast, it rolls.
Another important fault to look out for is salt in the walls. This occurs very easily in Swakopmund & Walvis Bay due to our foggy and wet climate, coupled with our salty ground surfaces. Once salt has eaten through the walls it is extremely difficult to contain it, and cosmetic surgery has to be performed on a more regular basis than you would expect.
Flat roof or non-existing drainage system
A flat roof, especially if you are buying a house the best way to go about it, when you are a first-time buyer. In fact, even the menial rain we receive at the coast can cause serious damages and leaks at your roof, if it does not have a very good drainage system. The safest option proves to be a pointing roof. If the house has a flat roof, ensure that it has a good drainage system.
Water damage and mould
Most of the serious problems that home inspectors observe are caused by water damage. All too often, homeowners don’t discover the problems in time or if they do, they ignore them. Unsuspecting buyers can inherit expensive repairs. Some of the worst damage is caused by black mould, which is suspected of causing health problems and which can spread fairly quickly throughout a house. It can cost a couple of thousand Namibian dollars to fix a bad case of black mould. Any sign of water damage or mould should be traced to its source so that potential homebuyers can get a realistic idea of how extensive the repairs will be. Mould should also be tested to determine what type, and how potent, it may be.
A big garden can be a dream, but it can be easily transformed into a nightmare, if you are a first-time buyer. In fact, going for a house with a big garden, means that you will need to spend a lot of time taking care of it. How are you going to find all the resources and the time necessary to keeping the garden nice and neat? If you are not able to answer this question quickly, then it is a sign that you should stay away from a big garden. You can always go with a smaller one, which will give you the satisfaction of owning a green space, while avoiding any sort of problems.
Sometimes the problem isn’t the house; it’s the neighbourhood. No matter how much money you spend on upgrading the house, there might be factors that will still bring the value down of your home, such as a highway, nearby airport, unruly neighbours, etc. You won’t be shelling out for repairs, since the issues typically can’t be fixed. The real cost is the reduction of your home’s value and how difficult your home may be to sell in the future.
The “Money Guzzling Fix-Me-Upper”
Renovating a cheap deal into a palace is s dream a lot of us has had in the past. But the reality is that sometimes you bite off more than you can chew. Make sure that the cheap deal does not require an entire overhaul where you may end up in the financial deep end, as you are spending more money than worth.
The Big Mansion
Big house = big maintenance expenses. Think of your electricity bill, water usage for cleaning and gardening, the volume of materials for maintenance, etc. etc.
If you will follow these guidelines, we are sure you are going to get a lot from your first investment. Good luck!
Follow us on Facebook and Instagram for regular updates.
All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site.
The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.
Any downloadable file, including but not limited to pdfs, docs, jpegs, pngs, is provided at the user’s own risk. The owner will not be liable for any losses, injuries, or damages resulting from a corrupted or damaged file.