When looking to buy real estate, make sure you accept all the help you can get. In this type of situation, it is very important not to have a: I know it all attitude. What does that even mean? It is quite simple. Nobody knows everything, so the same goes for you. The smartest thing you can do when buying real estate is to get informed as much as possible. Mainly do your research and engage professionals to help you. There are experts, many blogs, websites with useful tips, etc. that will also be a huge help to you. The same goes for our highlights. We are here to remind you of some things that are important when buying real estate. So, buyers beware of our highlights.
Highlight No. 1 –5 boroughs of New York
For some of us, New York is the center of the world. I like to say: What is there not to like about New York? It has everything that you can possibly imagine. However, there is life outside of 5 New York boroughs. When real estate shopping, consider Staten Island and Long Island. You might be pleasantly surprised. There are some gorgeous properties out there. Therefore, keep an open mind when browsing.
If you decide to stick to the boroughs, my recommendation would be to higher professional help when buying real estate. With that being said, the same will go for moving. For example, if you are located in Brooklyn, there are Flatbush based moving experts that are happy to help. It would be money well spent.
After you move to Staten Island, you might spend a lot of time on this ferry. alt text: Staten Island ferry passing the Statue of Liberty.
Highlight No. 2 – Flood Zones
Don’t be surprised. There are more than a few flood zones in New York. All of us want to buy and invest in real estate that is totally safe from natural disasters and harmful natural elements. Do yourself a favor and don’t look for such a place. It is a waste of time because it doesn’t exist. Instead, focus on hiring experts that will help you investigate such problems. In the beginning, it might seem like this type of investment is not needed. On the contrary, this would be a small (but useful) investment, compared to the damage that can be caused. Buyers beware, there are many things that you need to know when buying real estate.
Highlight No. 3 – Black Mold
Another detail you mustn’t forget is the black mold. Above all places, Florida must be the worst place for this problem. However, do not be fooled. It can be found anywhere. It is very common in basements. Basically, black mold can be found anywhere where water penetration is present. The same goes for moist paces.
It looks very ugly and nasty. This is a smaller problem, compared to the health issues that it can cause to you and your family. In truth, it is harmful to all. However, kids are more susceptible to it than adults. When buying a home with such a problem, you must insist on total transparency. Be persistent when looking into this issue, since it is a health hazard.
Highlight No. 4 – Hudson Valley
Hudson Valley is another spectacular place that you do not want to miss when real estate shopping or browsing. It has a very urban-suburban feel to it. In addition, there is so much wonderful nature to be enjoyed. However, it is not all picture perfect. This region is experiencing major issues with water pollution. This is by no means a persuasion not to buy in this region. Nevertheless, it is a reason to be cautious. This is the perfect time to hire local inspectors to determine the level of pollution. You do not want to put yourself nor your family in jeopardy. This is a type of problem that will be out of your control if you by mistake purchase a property exposed to such a problem.
Highlight No. 5. – you should hire locals
Making the decision whom to hire during this process is not an easy task. You want to work with people that are loyal, transparent and truthful. Also, you want them to be knowledgeable and business savvy. In addition to all the mentioned characteristics, make sure your assistance is local. It doesn’t matter are we talking about a real estate agent, pesticide controllers, engineer, architect, home inspector, etc. You want them to be local because they are the best familiar with the problems that are spread through the local community. The same goes for movers and moving companies. If you are looking for reliable help in NY, visit dorothyandmarthamoving.com. If you have a moving problem, they will have a moving solution.
We should all do our best to prevent water pollution. Alt text: A hand picking up a plastic bottle from a river.
Highlight No. 6 – this might be the most important purchase of your life
If you are not a detailed oriented person, this is the time to start to be one. Realistically looking, majority of people get a chance to purchase their own home once in their life. Unfortunately, some never have the opportunity. Therefore, make every single decision carefully. There are no small or irrelevant issues when buying real estate. If you can afford it, by all means, hire professional help. Professionals in this field offer services that are expensive. This is very true. However, a bad investment will cost you way more.
Your greats feeling of accomplishment might be when you purchase your home. Alt text: A home key next to a board that states: sweet home.
For example, you decide not to hire a specialist, even though there is a possibility that there are leaks and similar issues with your future home. You buy the property without consulting a specialist in that field. Later on, the leaks become visible, under different circumstances. You will be stuck with much bigger expenses, then what you might have paid for a home inspection. Be careful, even if this wouldn’t be the first home that you bought.
We sincerely hope that our buyer beware highlights will help you in your future adventures. Remember, nobody knows it all, so ask for help. Look for honest and transparent professionals to help you go through this process. We wish you the best of luck with your future real estate purchase.
Using a highly ethical Real Estate Agent is critical in all Real Estate transactions choose wisely.
Tyler Vincent Real Estate Inc. “For All things Real Estate”.
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