Five Important Things We Look For When Buying a House

Posted on: August 17th, 2017 by , No Comments

Story and photos by: Chris Wakefield

At Buy to Renew we take pride in renewing our communities and neighborhoods one house at a time. When we scout for potential houses at purchase and renew there are a few key factors we look for. To make the most of our investment and provide the best house for potential renters, we take a few very important things into consideration.

Location

As with anything in real estate, location is one of the most important factors to consider. We want to renew houses that are in neighborhoods with a lot of potential. We target up and coming communities that show potential to be very attractive in the future. It is important to know that we do not avoid neighborhoods based on the type of people who live there. We are an inclusive company that prides itself on buying houses in a diverse group of neighborhoods.

Condition of the Roof

Here at Buy To Renew, we purchase your house as is. That means you do not have to make any expensive repairs to your house before you sell it to us. One of the most expensive repairs can be a roof repair or full out replacement. This is one of the most expensive modifications that can be made to a house, and it is an essential one. Since we take your home and renew for potential renters, we want to make sure that we can make a reasonable repair to the roof of the house. Sometimes full out roof replacements can be too costly and may make a home a less desirable house.

Plumbing Issues

Another potentially costly repair issue can be extensive plumbing problems. Many of the houses we purchase require some plumbing work, such as removing an existing bathtub, replacing kitchen fixtures, etc. Plumbing issues that can be problems are ones like having to replace damaged pipes under the house, or tearing out and replacing entire bathrooms due to mold, rust, pest infestation, and more.

Why the Seller is Selling

We know that everyone has a story when selling their home. From inheritance to moving to a different city, we encounter sellers of all kinds at Buy To Renew. The reason why you are selling your home is important to us because we want to make sure that we are meeting your needs and offering you as close to your asking price as possible. Many people sell us their houses because repairs (see above) have become overwhelming and too expensive and others sell us their home because they are relocating to another city and would like a cash offer on their house before they leave.

Condition of Foundation

A cracked, improperly laid, or compromised foundation is often the most expensive repair you could make on a house. Depending on the issue, some foundation repairs can reach upwards of $15,000. Because of this, the foundation is one of the first things we inspect when looking at potential house to renew.

All of these issues are important and we take each into consideration when looking at houses. One of the first steps in our process of buying your house is coming out for a walk through. We show up for the walk through at a time that is convenient to you. More often than not, we are able to work with many of these issues and will still make you a cash offer on your home. That is why it is important to call us first and tell us about your house. At Buy To Renew we are committed to renewing our neighborhoods and cities, one house at a time.

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