Touring A Home? Watch Out For These Red Flags!

As a first-time homebuyer, you are going into unchartered territory. It's important that you seek the help you deserve when searching for the best home loan options. That's where our Lake of the Ozarks mortgage company comes in. MHQ Mortgage Headquarters specializes in providing fantastic home loan options for first-time homebuyers. We will do the heavy lifting so you can concentrate on your life rather than the mortgage loan. If you are looking to buy your first home at the Lake of the Ozarks, call MHQ-Mortgage Headquarters at (573) 302-9990. In the meantime, keep reading this week's blog for red flags to watch for on the home tour if you are a first-time homebuyer.

Watch For These Red Flags During A Home Tour


A POOR FOUNDATION
You should check to see how the foundation is in the home you're looking at. This is something that's very easy to overlook. A good way of checking to see if the foundation is level is by either putting a marble or something else that's round on the floor and seeing if it moves at all or not. If it moves, take that into account!

PAINT SPOTS THAT ARE VERY RECENT
Random recent paint spots here and there can be a red flag because it could mean the owner is trying to cover up damage or mold. Don't put yourself in an unfortunate situation and be aware of everything upfront.

A BAD SMELL
A bad smell in the home your looking to buy could mean a number of unfortunate things, such as:

  • The owners have pets that have accidents all over the carpet.
  • There could be mold and moisture in the home.
  • The home wasn't maintained well and the owners haven't cleaned in a long time.

A SIGNIFICANT PRICE DROP
If a homeowner drops their price dramatically all of a sudden then you may consider that a red flag. Why are they dropping their price so dramatically? Is there major damage to the house and they are just trying to get rid of it quickly?

First-Time Home Buyers - We Are Here For You!

All of us here at MHQ Mortgage Headquarters hope you found this blog enlightening. If you are a first-time homebuyer, this whole process can seem intimidating at first. Make no mistake, there's a lot involved when you get a mortgage. You wouldn't be looking up loan information if it were possible to get a loan in a single day with a simple application. But Mortgage Headquarters of Missouri, Inc does the heavy lifting so you can concentrate on your life rather than the mortgage loan. Just keep in mind that, we take care of the mortgage legwork so you can spend your time finding the new home that's right for you. To learn more, please give us a call today at (573) 302-9990. You can also visit our website for more information at www.MHQMortgage.com. Follow us on all our social media channels listed below to stay up to date on our latest announcements.



Mortgage Headquarters of Missouri, Inc
4824 Osage Beach Parkway, Suite 1
Osage Beach, MO 65065

Office: (573) 302-9990
Toll Free: (888)799-1206
Fax: (636)648-9917

NMLS # 1229111
Location: Osage Beach, MO, USA

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