3 Ways Landlords And Property Owners Cover Up The Defects Of Their Properties When Selling Or Renting Them Out
- Some landlords in Ghana and elsewhere try to cover the defects on their properties in a bid to sell their houses fast
- These defects can be carefully hidden from unsuspecting home buyers or renters who only discover them after it is too late
- There are ways that homebuyers and property renters can discover these defects and save themselves from stress and frustration
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We tend to trust individuals when it comes to purchasing and selling, but the reality is that hiding potential flaws in real estate is a common worry. Unless a qualified property inspector is hired to conduct a pre-purchase inspection, it's quite simple for concealed issues to go undetected during a house inspection.
There are ways by which potential homeowners can save themselves the stress of acquiring properties with faults. YEN.com.gh mentions them below.
Check Out For A Leaky Roof
If you don't climb the roof yourself, you can only depend on the honesty of the homeowner and real estate agent to reveal defects in the roof. Unfortunately, it's typical for homeowners to perform do-it-yourself repairs on a leaky roof, which only serves to mask the issue rather than remedy it temporarily.
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Look Out For Structural Cracks
Common flaws like structural fractures may be easily concealed with paint, cleverly positioned furniture, and some no gaps filler. However, when structural fractures get too large, they might be a severe issue that needs attention.
Structural cracks frequently signal foundation movement. A building inspector can help you estimate the cost of the repairs to support you during negotiations.
Look For Issues With Flooring
Like structural fissures, creaking or uneven flooring is frequently caused by movement or a renovation that hasn’t been performed to standard. Get a construction inspector involved if you notice that the floors of a house don't seem to be in the appropriate place. But, again, safety is equally important as aesthetics and financial considerations.
4 Reasons Why Landlords in Ghana are Not Selling Their Properties Fast
In an earlier story, YEN.com.gh wrote about four reasons landlords cannot sell their properties fast. First, landlords are weary when their homes are not selling quickly, and many rely on luck to find a buyer immediately.
Although there is no exact formula for calculating how long a property should be on the market, several elements might shorten the purchasing process. The sooner homeowners are aware of these aspects, the quicker they can sell their properties and profit from them.
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Source: YEN.com.gh