10 Ways To Protect Yourself When Buying A Mountain Home – #5

The Mountain Life Team Blogger October 2, 2010

There are few things in life as exciting as buying a North Georgia Mountain Home. However, since homes are one of the largest purchases most of us will ever make, home buyers should take reasonable steps to protect themselves in the home buying process. This series of posts will contain some general suggestions on how buyers can do this.

The information that I am providing to you is taken from Form F-13 Protect Yourself When Buying A Home from the Georgia Association of REALTORS®, Inc.

5. Thoroughly Investigate Issues Of Concern.

There are many other tests and studies Buyers can do in deciding whether to purchase a property. These include, for example, a radon test to determine if the home has elevated levels of radon, mold tests to determine if the property has high levels of certain kinds of dangerous mold, tests for lead based paint (normally only a concern with properties built prior to 1978, when the use of lead based paint was outlawed.), well water tests when the property is served by well water and septic systems inspections when the property is served by septic system.

Many factors can affect the value of a property and the ability of an owner to use and enjoy it. These include, for example, the school district in which the property is located, whether the property is subject to flooding, the availability and cost of property insurance, whether the property is subject to recorded covenants and the nature of those covenants, the governmental jurisdiction in which the property is located and whether the property is on a historic registry or in a special tax or zoning district.  Before buying a home, buyers are encouraged to use reasonable diligence to investigate the properties they are buying for issues of special concern to them.

Please check back soon for the 4th way to protect yourself when buying a home. Should you have any questions or concerns before then, please feel free to Contact Me, or call me at 706-994-8686 for any Real Estate advice you might be seeking.

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