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6 Ways Homebuyers Can Save Big Money (Part II)

If you joined us yesterday, you learned about the first three of six things you need to watch out for when buying a new home – little things that can end up costing big money if you don’t ask the right questions.

Today, we’re going to finish up our list and hopefully save you a boatload of time, worry and cash when you decide to buy a home.

4. Faulty Electrical

Every sale home should undergo a thorough inspection that includes an evaluation of the wiring, but this applies especially to older homes.

There are countless threats to a home’s electrical system, and not all of them are covered by state disclosure laws. Be sure to test all the switching during your tour, and ask questions about outages and surges.

5.  Infestation

Surprisingly, not all states require disclosure regarding infestation, so you definitely want to ask about it. Termites, spiders, cockroaches, rodents – you don’t want any of these at your housewarming.

Mold is a whole other kind of animal, so to speak, but it can cause damage far worse than these other critters. Many states require disclosure regarding mold, but that’s really only if there’s an awareness of it. So, make sure you double check.

6. Nuisance

What can cost more money than having to sell your new home because you realize too late that you’ve stumbled into an intolerable living situation?

It can happen, and we’re not just talking about unruly neighbors. The smoke, smell, noise and pollution from nearby farms, factories and transit centers can cause major disruptions – and even illness.

Keep these six things in mind when shopping for a new home, and don’t forget to search for local inspectors on Porch.com

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