Close
Please Select An Option
Not sure? Contact us at (866) 437-0200 with questions.

A row of nice houses in a suburbWhen it comes to the price of a home, curb value is one of the most important factors in determining what a home costs. However, it can be very valuable for homeowners to learn to look beyond what they initially see when they pull up to a new home. Oftentimes, the real things that make a difference to a home’s living experience are the hidden things on the inside. With this in mind, here are some tips on how to look beyond a home’s curb value…

Make sure that the wiring is updated

It’s generally a good idea to ask about the last time that the wiring was updated, especially if the home is a newer home. Old wiring can lead to an array of difficulties, and can even be fire hazards, on top of being rather ineffective in the first place. Regardless of when the last update was, be sure to test all of the outlets inside of a home and make sure that everything is wired up and ready for use. Also bring it up if you find any loose wiring on the exterior or interior of a home.

Ask the last time the plumbing was redone

This is another important aspect to remember if you are looking into purchasing an older home. Aged plumbing systems are usually faulty and can lead to further problems. Find out the last time the plumbing was updated, and then do a thorough inspection, yourself. This means checking for any water damage throughout the home (which there likely will be if the pipes have been leaking). Examining the color of the water from each facet will also give you an idea of how healthy the plumbing is.

Check the foundation

The foundation that a home is built on is something that should never be forgotten. While you might consider cracks in the foundation an aspect of curb  value (for part of the house, at least), it’s also important to have an inspection done that looks for other major problems, such as pest damage, infrastructural issues, water damage, mold, and these sorts of things. Typically, it’s a good idea to have a professional inspector examine a home’s foundation (they can help with other things, as well). Be sure to ask them for a report, when they are finished.

For consumer support and inquiries please contact our Consumer Solutions Dept. at 1 (866) 508-5515 or by email to consumersolutions@citywidehomeloans.com.