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6 Red Flags To Look Out For At An Open House

Red open house real estate sign in suburban neighborhood

It’s easy to get carried away with excitement when you step inside a home that inspires you, but an Open House is also an opportunity to scope out a home while gaining critical information. By looking past the surface and asking the tough questions, you may be able to avoid issues that could cost you time and resources down the road. Here are some red flags you shouldn’t overlook:

Flag Icon With #1Water Damage
Examine the ceilings, walls, floors, and basement during an Open House. If you see any discoloration on the walls or a lift in the flooring, this could be a sign of water damage.

Flag Icon With #2Cracks In The Foundation
Look out for any cracks in the home’s foundation that could cost you hundreds of dollars. Big horizontal cracks could compromise the stability of the walls.

Flag Icon With #3Outdated Roofs
It’s no secret that a roof can last many years, but one sign of an outdated roof is noticeable exterior damage, such as loose granules or slopes on the roof.

Flag Icon With #4Quick Cosmetic Fixes
Don’t let a new coat of paint fool you! Test out fixtures and make sure handles, doors, cabinets, and closets open and close properly.

Flag Icon With #5Environmental Issues
Is the home near a freeway? Some homes close to highways have a lot of traffic noise and pollution. Research shows that it is best to avoid living within 500 feet of freeways due to the poor air quality.

Flag Icon With #6Limited Parking Space
Check the garage to see how many cars it holds. If you plan to have guests over, it may be nice to have a home with plenty of street parking.

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*As a member of the AmeriHome family, borrowers are part of the AmeriPurchase+ program and qualify for a $750 lender credit for all of your home purchases done with AmeriHome, for any property you own. Credits will be applied only if your loan closes with AmeriHome. This offer can not be combined with any other offers and is not applicable for FHA Streamline, or VA IRRRL Refinance transactions. Other restrictions may apply. Terms and conditions are subject to change. The AmeriPurchase+ program is subject to termination without notice.

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