Avoid 13 Unlucky Mistakes as a First Time Home Buyer

Nothing in this world starts from the second time. There is always a first time – which always comes with its own share of challenges – whether you are baking a cake or buying a home. The first time is that time when you are either unknown or unfamiliar to it. In case of Home, while you’re busy imagining the perfect décor or dreaming of your kids playing in the yard, you may be overlooking some important aspects of home ownership that could end up turning your dream purchase into a disaster.

Buying a home is an emotional rollercoaster. Before you unlock the door to homeownership, you have to consider some crucial points so that you do not commit the same mistakes that a first time home buyer normally may makes.

13. Neglecting to Inspect your Dream Home – Know the Health of your Home
It takes a trained eye to be able to see the problems that can exist in a home. It’s easy to get swept up in the excitement of buying a new home and forget to make the important decision to have a home inspection. Before you close on the sale, you need to know what kind of shape the house is in. Home inspections are an integral part of the home buying / maintenance process that can save you a lot of time and money in the long run. Home Health Check-up prior or on purchasing a home can bring peace of mind. Knowing what to expect both inside and out will help you make an informed decision about the value of the home and the future upkeep. A home inspection gives you a chance to determine the condition of the house, its soundness, quality, finishing and the condition of its civil / electrical / plumbing systems, concealed leak / damp / seepage issues. Keeping your feelings in check until you have a full picture of the house’s physical condition and the soundness, health& safety of your potential investment will help you avoid making a serious financial mistake.

1. More to it than mortgage loan repayments/Sure you can afford a house payment?
Many first-time homebuyers decide to buy when they feel ready for a mortgage home loan. But just because one can afford the mortgage payments does not mean one should own a home. There is much more to it. Property taxes, maintenance, insurance and higher electric and water bills are some of the costs that first-time homebuyers tend to overlook when shopping for a place. Even if you can afford it now, plan for increased costs later.

2. Emptying your savings
If you buy a previously owned home, it almost inevitably will need an unexpected / major repair not long after. Maybe you’ll need to replace a geyser or get a new dining table or renovate a damaged wall or a concealed leak. That’s a growing pain for the first-time homeowner. You will find yourselves in a hole quickly if you don’t have enough saved for such unforeseen matters.

3. Due Diligence
Don’t get scared with the technical terms. It simply means doing your homework. Make sure before signing on the dotted lines, you have checked the legalities and reputation of the builder / seller. That means, proper investigation and audit are done on the home you are about to buy and systematic research is carried out and in turn validated. Take proper care before entering into an agreement or financial transaction with another party. Research and plan for any potential handover delays. Do a proper seller / builder due diligence.

4. Provision for Basic Amenities & Ownership Issues
Two very important things that need to be done are the Registration and Mutation of the house. Without Mutation, you won’t be able to pay Corporation taxes. And then say after 10years, you will be bombarded with a huge amount which can be in lakhs which you will be needed to cough up immediately. Don’t be deprived of the basic amenities such as the electricity, water, telephone connection etc. There could be legal hassles as well. Do a thorough legal due diligence.

5. Miscalculating home makeover and renovation costs
First-time home buyers are frequently surprised by high repair and renovation costs. Infact you should double the estimates that you make for repairs and renovations to be on the safer side. Do not go for cheap repairs because in the long run, you will have to keep paying more just to get a small thing corrected.

6. Being Too Picky and Impractical
Go ahead and put everything you can think of on your new home wish list, but don’t be inflexible. First-time homebuyers often have to compromise on something because their funds are limited. You may have to live on a busy street, accept outdated décor, make some repairs to the home, or forgo that extra bedroom. So get your priorities right.

7. Lacking Vision
Even if you can’t afford to replace the hideous wallpaper in the bathroom now, it might be worth it to repair & live with it for a while in exchange for getting into a house you can afford. If the home otherwise meets your needs in terms of the big things that are difficult to change, such as location and size, don’t let physical imperfections turn you away. Don’t be impulsive and buy a home for a minor issue.

8. Think twice before you take the ultimate plunge /Compromising on the Important Things
Don’t get a two-bedroom home when you know you’re planning to have kids and would require three bedrooms. By the same token, don’t buy a condo just because it’s cheaper than a house if one of the main reasons you’re over apartment life is because you hate sharing walls with neighbours. It’s true that you’ll probably have to make some compromises to be able to afford your first home, but don’t make a compromise that will be a major strain.

9. Not Thinking About the Future
It’s impossible to perfectly predict the future of your chosen neighbourhood, but paying attention to the information that is available to you now can help you avoid unpleasant surprises down the road.

Some questions you should ask about your prospective property include:

  • What kind of development plans are in the works for your neighbourhood in the future?
  • Is your street likely to become a major street or a popular rush-hour shortcut?
  • Is there talk of a bridge or a highway to be built in your backyard in five years?
  • If there is a lot of undeveloped land? What is likely to get built there?
  • Have home values in the neighbourhood been declining?

If you’re happy with the answers to these questions, then your house’s location can keep its rose-colored lustre.

10. Changing Jobs
While changing jobs may benefit your career, it may complicate your mortgage approval. A lender wants to ensure you have stable income and employment, and that you can afford to repay your mortgage. If you were preapproved for a mortgage based on a certain income and job, any chances in the interim before closing can be a red flag and delay your closing.

11. Falling in love with a house
There’s something magical about walking into a home that has every trait you’re looking for. For first-time home buyers especially, getting caught up in these moments is common. Unfortunately, just because a home seems to have everything you want doesn’t mean you should buy it. Make sure a home is a good investment, even if it seems like the ideal abode. And, don’t show you’ve become emotionally attached to the house, as this can cause you to lose any negotiating leverage you may have had when it comes to the purchase price or terms or related matters.

12. Failing to consider resale value
While it can be hard to predict whether home prices will go up and down, it’s a smart move to buy a house that’s readily saleable and likely to fetch a premium price when you’re eventually ready to sell. There are certain features that make houses more or less likely to appeal to buyers. Location is a big one, as few people want to buy the best home in the worst neighbourhood. The general property market in your area and a home’s condition can also impact resale value. Talk to a realtor about how market conditions work and whether a property is ever going to be easy to resell. If not, buying it may be a mistake.

The Bottom Line
Buying a home for the first time might be one of the biggest investments you will ever make in your lifetime and it can seem stressful and overwhelming and it isn’t without its share of potential pitfalls. If you’re aware of those issues ahead of time and plan properly, you can protect yourself from hassles, costly mistakes and shop with confidence. For many people, a home is the largest purchase they will ever make, but it need not be the most difficult. First time home buyers can learn from the mistakes of those before them and not commit the 13 Unlucky Mistakes.

KRERA not yet Fully Functional

RERA Kerala

  • The Government of Kerala notified the Real Estate (Regulation and Development) Act, 2015 on 03/02/2016. However it shall be deemed to have come into force on the 4th Day of May, 2015.
  • Sri. S. Ajayakumar (Retired Chief Town Planner), is appointed as the first Chairman of Kerala Real Estate Regulatory Authority.
  • The office space for Real Estate Regulatory Authority allocated at the 5th floor of Swaraj Bhawan, Nanthancode, Thiruvananthapuram 695 003.
  • Website Launched (www.rerakerala.org/Content/log.aspx)

Improper slope causes seepage & surface deterioration

Detect Issues

Reverse slope at window external sill.

Describe Issues

Due to reverse slope towards window, external rain water will not drain easily and water will penetrate inside house through frame and sill junction. This will lead to paint deterioration and other damages internal wall surface around window in long run.

Direct Solutions

Recommend masonry repair at external sill providing adequate slope towards external side.

Child and Elderly Safety at Home

There is no place like home for children growing up or growing old. However, children & the elderly are more prone to injuries at home than anywhere else as they spent a lot of time at home. No doubt they should be subjected to constant supervision but it is also imperative to make the home safe as well.

As we say, Prevention is better than Cure!

One of the best ways to reduce the risk of injury is to make some physical changes around the house. Look at your home and think about what the obvious risks and hazards are. Remove the risk or hazard, if possible, or add a safety product to minimise the chance of injury.

Before considering what safety precautions you need, remember you can always change the layout of a room to help create a safer environment. If you are building or renovating your house, you can incorporate specific safety features in your design. Incorporating safety features at the design point in the majority of cases will be much more economical than to amend and make it safer at a later time.

Make home safe: Easy things you must do

Preventing falls at home for both Child & Elderlies – “To Do List” on Home Safety

Falls are the most common cause of injuries in every age group. Some tips to combat this issue are:

  • To install safety guards across entries to stairs and balconies and to always supervise your child / elderly on stairs and balconies, even if you have guards.
  • To remove throw rugs and loose mats and to make sure larger rugs are not rippled or torn.
  • To remove extension cords and other potential tripping hazards such as books, plastics, clothes and shoes from pathways.
  • To move low tables and other furniture to make it easier to move around the house.
  • To make sure chairs are of right height and have sturdy armrests.
  • To check to ensure light fixtures have at least 60-watt bulbs and that nightlights are available in hallways, bathrooms and bedroom.
  • To make sure handrails in the home (at appropriate places) are sturdy and in good conditions.
  • To use non-skid mats in the bathtub and on shower floors and install grab bars next to the toilet or shower wherever necessary.
  • To lock windows, particularly upper-storey windows or shield them with firmly attached window guards so your child can’t fall out. Use window guards and safety netting to help prevent falls from windows, balconies, decks and landings.
  • To use corner and edge bumpers to help prevent injuries from falls against sharp edges of furniture and fireplaces. Corner and edge bumpers can be used with furniture to help prevent injuries from falls and to soften/cushion falls against sharp and rough edges.

More Home Safety Tips to follow:

Bathroom Safety: One very important point that needs special mention is keeping the Bathroom dry. Elderly people mostly slip off at wet areas and cause irreplaceable damage to themselves. Even a small spill on the floor should be wiped away immediately. This point should be kept in mind and taken care of accordingly.

  • Leave a light on in your bathroom at night.
  • Skid-proof the tub and make sure the bath mat has a non-slip bottom.
  • Install hand rails.
  • Mark cold and hot faucets clearly.
  • Use door locks that can be opened from both sides.
  • If possible, bathe only when help is available.

Water safety / Do Not Leave Your Kids Alone in the Water: Use door locks to help prevent children from entering rooms and other areas with possible dangers, including bath tubs / swimming pools. Water safety depends on 100% supervision whenever your child is around water pools, baths and buckets with water. For bath safety, always supervise and give your full attention to babies, toddlers and children in the bath. Make sure the water level is not more than the waist line of your kid when you place her/him in a tub or sink.

Tips for electrical safety at home:

  • Get a licensed electrician to install safety switches, which cut power off quickly to avoid electrocution.
  • Get a licensed electrician to do any repairs.
  • Replace electrical appliances and cords if they’re worn.
  • Use power point covers.

Burns and scalds: Keep your child / elders away from fire and hot surfaces, especially around stoves, ovens, microwaves, heaters and other appliances. Hot drinks and too-hot baths are a major cause of scalds. Keep hot drinks away from and out of reach. Use anti-scald devices for faucets and shower heads.

Strangulation and suffocation especially for children: These items include soft toys, bedding, blinds, cords and ropes, and bags, boxes and packaging. Here are some essential safety tips:

  • Keep stuffed toys, cushions and piles of clothing out of baby’s reach.
  • Wrap blinds cords in cleats attached to the wall at least 1.6 m above the floor.
  • Tie knots in plastic bags, and keep them away from children.

Tips to keep your family safe around glass: Install safety glass in windows and doors or apply shatter-resistant film to windows and doors of older homes. Put stickers on glass at eye level.

Poisoning for both Child & Elderlies: Poisoning is one of the leading causes of injury to children and elder people, often poisoned by common household chemicals and medicines. Remove potential poison items. Store chemicals, medicines, cleaning supplies and other poisons high up in a locked cupboard or cabinet. Children can’t tell the difference between medicine and candy. Install child-safety latch on the doors of cupboards where you keep your poisonous items.

Channelize your child’s inner Spiderman/Superman: One common accident that occurs in every other household is when a child tries to imitate any cartoon or superhero character. Parents should make it a point to make the children understand the danger of imitation. They should be made to differentiate the ‘reel from real’ and it should be a continuous process.

Remote control has a missing battery cover: Be especially careful of button batteries, the kind you find in watches, greeting cards, and some toys which are higher voltage than traditional batteries. If your child swallows any type of battery, it can get lodged in the oesophagus and cause severe damage.

Indoor Surveillance Cameras: Children / Older people might have in-home caretakers, maintenance staff or other hired help who come and go. That’s where indoor cameras come in handy. These surveillance cameras keep a watchful eye on the home to protect against theft, abuse and other crimes.

Most of the tips covered are applicable for both Child Safety as well as for Elderlies.

No matter how careful you are, it is essential that you stay prepared in case there is an emergency condition. Fortunately, mishaps or accidents can certainly be avoided through preventive measures and by educating your kids about safety rules to be followed at home. But remember your ‘Dennis the Menace’ will find every opportunity to be innovatively naughty as much as possible. So Be Alert & Safe and Happy parenting – for both your child and your parents!

With support & modifications home is the safest place!

RERA Madhya Pradesh fully Operational

RERA Madhya Pradesh

  • The State Govt notified the Madhya Pradesh Real Estate (Regulation and Development) Rules, 2017 on 22nd October, 2016.
  • Mr. Anthony de Sa, I.A.S. (Retd.) appointed as Chairman.
  • Launch of RERA Website & Web Application at 12:00 Noon on May 1, 2017 (www.rera.mp.gov.in/)
  • The office of Madhya Pradesh Real Estate Regulatory Authority is situated at RERA Bhavan, Arera Hills, Main Road No. – 1, Bhopal – 462011.

Switchboard near gas stove – safety hazard

Detect Issues

Improper position of switchboard near gas stove.

Describe Issues

Position of a switchboard near gas stove is unsafe as there is high probability of electrical hazard which can easily spread in associated areas due to presence of gas stove near it. It is a safety hazard for occupants.

Direct Solutions

We recommend to reposition the switch board for safety purpose.

Case of persisting damp / seepage issues even after Refurbishing and Rectification work in a Duplex Home

Case of persisting damp / seepage issues even after Refurbishing and Rectification work in a Duplex Home

The Background

A duplex in a premier residential complex.

  • Refurbishing / rectification jobs and re-painting done recently to repair damp walls / seepage problem.
  • Source of Damp / Seepage not identified.
  • Problem resurfaces

This is where Team – MACJ – A Buyers Choice Home Inspections, came into picture.

The main concerned area was the Dining Hall.

It was badly affected. There were:

a) Paint discolouration on right wall lower portion around switch socket board.
b) Paint discolouration on right wall lower portion at mid span.

Observation 1 : Visual image of right wall around socket

Observation 1 : IR image showing moisture presence

Observation 2 : Visual image of right wall at mid span

Observation 2 : IR image showing moisture presence

Adjacent Kitchen Wall

  1. The client informed our Team that there had been some past history of leakage around floor drain outlet and rectification works have been done for it. No active leakage was noted.
  2. Minor leak noted around junction of sink flexible drain pipe with outlet pipe on wall.
  3. Dripping water noted on wall surface under counter stone.

Observation 2 : Visual image of sink flexible pipe junction on wall

IR image showing moisture spreading from around outlet position

Observation 3 : Water dripping stains from counter and wall tile junction

Our Team thoroughly inspected and found that there were multiple sources from the adjacent Kitchen Wall side.

As analysed by IR camera, moisture presence noted in the affected area due to intrusions from:

  1. Leak at junction of sink flexible drain pipe with outlet pipe on wall.
  2. From joints between wall tiles and counter stone.
  3. Also gap noted around sink tap.

Multiple sources identified

Floor drain outlet condition

Leakage from sink flexible pipe at outlet joint

Deteriorated sealant at counter stone and wall tile junction

IR images confirmed water running along the surface of the wall which was spreading around the junction, thereby affecting the adjacent right wall of Dining area.

However, there was another source, which was more challenging.

Kitchen Balcony

We observed popping of paint on left wall and back wall lower portion above skirting. As confirmed by IR camera, the area was affected due to leakage from elbow joints of AC drain pipe running concealed along the affected area and spreading to the dining area wall.

Visual image of left wall lower portion

IR image showing moisture presence

Visual image of back wall corner with left wall

IR image showing moisture presence at lower portion

Area of Work Purpose Repair / Renovation Work
Kitchen To stop Leak at junction of sink flexible drain pipe with outlet pipe on wall.
  • Step 1 – Sealant around the junction to be scrapped off.
  • Step 2 – Junction around outlet pipe on wall to be sanded off any loose materials and left for ventilation for entrapped moisture to dry out.
  • Step 3 – Flexible drain pipe to be reinstalled with adequate slope of the end face inside the outlet on wall.
  • Step 4 – Junction around the outlet pipe on wall to be sealed with polysulphide sealant.
Kitchen Rectification at joints between wall tiles and counter stone and at Gap around sink tap.
  • Step 1 – Existing sealant at counter and wall tile junctions and around sink tap to be scrapped off.
  • Step 2 – Junctions between counter stone and wall surface and around sink tap to be cleaned of any loose materials.
  • Step 3 – Adequate packing under sink tap to be done with polysulphide sealant.
  • Step 4 – Junctions to be sealed with epoxy based stone grout of matching colour pigment.
Kitchen Balcony To rectify AC drain pipe
  • Step 1 – Sanding around the affected area till plaster surface and chase cutting to be done along the AC drain pipe at conceal around the affected Area.
  • Step 2 – Drain pipe to be checked for any damage and leakage.
  • Step 2.1 – If found damaged, then damaged pipe to be replaced with new agricultural pipe.
  • Step 3 – Drain pipes to be reinstalled with proper solvent joints at elbow positions.
  • Step 4 – Adequate ventilation to be provided around the affected area for the entrapped moisture to dry out.
  • Step 5 – Smooth surface finish with mesh tape and repair mortar to be provided.
  • Step 6 – Paint finish as per paint manufacturer specification.

This case study establishes that localised / surface rectifications are not enough to solve a damp / seepage problem. It is important to find the source of the problem. It requires state of the art tools and expert knowledge (of Professional Home Inspectors) to accurately identify the issue and the source of damp/ leakage/ seepage. Experts are needed not only for identification purposes but also to provide the best pocket friendly solutions for the issues. Trust our experts to give you a long term solutions to your problems.

If only our client engaged us in the first place, then he / she would not have to shell down big amounts.

MACJ – A Buyer’s Choice Homes Inspections Motto:
LLL – Long term solution – Low cost of Repair – Least destruction

Also read our related Blog: https://macj-abuyerschoice.com/real-estate/are-you-renovating-or-remodelling-your-home-or-giving-it-a-makeover-home-inspection-before-renovation-heres-some-food-for-thought/

Be flexible but not with sink outlet pipe

Detect Issues

Flexible pipe used as a sink drain outlet.

Describe Issues

Using flexible pipe as a sink drain outlet may lead to blockage at concealed drain pipe line. It can hamper occupants by creating unhealthy and unhygienic condition. It also adds cost and time lag due to repair work.

Direct Solutions

We recommend to install a suitable trap (Bottle / S / P type traps) for sink drain outlet.

Meaning of trap

A plumbing trap is provided to receive solid waste from washbasin, kitchen sinks and other appliances .This reduces the chance of drain blocking.

For Goans the wait for RERA is Over

Goa RERA

  • Central Government is the appropriate Government under the Act for the State of Goa, Central Govt. has designated Secretary Housing, Goa Administration as the Regulatory Authority and Value Added Tax Tribunal, State of Goa as the Appellate Tribunal respectively.
  • Shri. Sudhir Mahajan, IAS Secretary (UD) Government of Goa is designated as the Regulatory Authority under the Act until the establishment of Real Estate Regulatory Authority.
  • The office of the Goa Real Estate Regulatory Authority is situated at SPACES, Plot No. 40, Block No. 101, 1st Floor, EDC, Patto Plaza, Panaji – Goa.
  • Website Launched on 16th Jan, 2018 (www.rera.goa.gov.in/reraApp/home)