The Pitfalls of Buying Remodeled Miami Beach Luxury Homes

<h1>The Pitfalls of Buying Remodeled Miami Beach Luxury Homes</h1>Author: <a title="Mark Ferrer" href="http://www.articlesbase.com/authors/mark-ferrer/260568.htm">Mark Ferrer</a> Remodeled homes are not new in the real estate scene. Many homes in the city, like Miami Beach luxury homes, are often outfitted or have undergone makeovers ranging from the subtle (de-cluttering, re-grouting, landscaping) to the extreme (total renovations, expansions, etc.). While it’s definitely refreshing to see these properties in the market, not to mention enticing to deep-pocketed buyers, it’s imperative to know that you're not going to end up with a shabby remodel. Here are areas you must inspect during your tours. Foundation  The <a href="http://miamiluxuryhomes.org/">Miami Beach luxury home</a> may look exquisite outside but what you must know are the secrets that lie within its walls, literally. Cracks in the floors, walls and foundation may not cause alarm if relatively small but larger ones must concern you. These cracks connote expensive repairs and huge troubles. If you see no cracks, don’t forget to check the closets; they often hold surprises.  Another problematic issue you must look for when touring the prospective Miami Beach luxury homes is bouncy or sloping floors. It’s natural for homes to settle over time. This will result in slopes. While they are natural, especially in older homes, and shouldn’t cause any alarm, when accompanied by cracks in the ceiling or walls, you must be extremely cautious of the purchase.  Electrical System  Many remodelers and flippers spend tons of money on fixture and furniture while skimping the electrical system. One way to check for pristine and safe electrical wiring is to turn on every switch you see, including the appliances. You must also check the electrical panel and see if it looks as fresh as everything else in the remodeled home.  Water Damage  It’s easy for remodelers to cover up water damage with a coat of paint. If you find certain areas coated with paint when they shouldn’t normally be, you must keep your guard. There are, fortunately, several ways to spot water damage. For instance, if you see efflorescense on the brick or concrete, it’s pretty much a sign of water damage. Efflorescense is a white powdery substance usually left by water. You should also be wary of the smell. If a damp smell is wafting around the house, you can expect potential damage. The same goes if the house feels damp.  Structural defects can also cause potential water damage. Sloping toward the house, for instance, can cause water to pool near the foundation during rainy spells, which can cause infestations, molds and rotting.  Bottom line: Being a parsimonious homebuyer can cost you in the future. While it’s certainly helpful to budget your finances, it’s not advisable to skimp on inspection. If possible, hire your own professional inspection to make sure that you won’t end up with a shoddy Miami Beach luxury home that might be waddling gracefully on the surface but struggling deep inside.  Mark Michael Ferrer  <a href="http://miamirealestateinc.org/">Miami Beach Luxury Homes</a>About the Author: Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> - <a href="http://www.articlesbase.com/real-estate-articles/the-pitfalls-of-buying-remodeled-miami-beach-luxury-homes-1459379.html" title="The Pitfalls of Buying Remodeled Miami Beach Luxury Homes">The Pitfalls of Buying Remodeled Miami Beach Luxury Homes</a>

Remodeled homes are not new in the real estate scene. Many homes in the city, like Miami Beach luxury homes, are often outfitted or have undergone makeovers ranging from the subtle (de-cluttering, re-grouting, landscaping) to the extreme (total renovations, expansions, etc.). While it’s definitely refreshing to see these properties in the market, not to mention enticing to deep-pocketed buyers, it’s imperative to know that you're not going to end up with a shabby remodel. Here are areas you must inspect during your tours.

Foundation

The Miami Beach luxury home may look exquisite outside but what you must know are the secrets that lie within its walls, literally. Cracks in the floors, walls and foundation may not cause alarm if relatively small but larger ones must concern you. These cracks connote expensive repairs and huge troubles. If you see no cracks, don’t forget to check the closets; they often hold surprises.

Another problematic issue you must look for when touring the prospective Miami Beach luxury homes is bouncy or sloping floors. It’s natural for homes to settle over time. This will result in slopes. While they are natural, especially in older homes, and shouldn’t cause any alarm, when accompanied by cracks in the ceiling or walls, you must be extremely cautious of the purchase.

Electrical System

Many remodelers and flippers spend tons of money on fixture and furniture while skimping the electrical system. One way to check for pristine and safe electrical wiring is to turn on every switch you see, including the appliances. You must also check the electrical panel and see if it looks as fresh as everything else in the remodeled home.

Water Damage

It’s easy for remodelers to cover up water damage with a coat of paint. If you find certain areas coated with paint when they shouldn’t normally be, you must keep your guard. There are, fortunately, several ways to spot water damage. For instance, if you see efflorescense on the brick or concrete, it’s pretty much a sign of water damage. Efflorescense is a white powdery substance usually left by water. You should also be wary of the smell. If a damp smell is wafting around the house, you can expect potential damage. The same goes if the house feels damp.

Structural defects can also cause potential water damage. Sloping toward the house, for instance, can cause water to pool near the foundation during rainy spells, which can cause infestations, molds and rotting.

Bottom line: Being a parsimonious homebuyer can cost you in the future. While it’s certainly helpful to budget your finances, it’s not advisable to skimp on inspection. If possible, hire your own professional inspection to make sure that you won’t end up with a shoddy Miami Beach luxury home that might be waddling gracefully on the surface but struggling deep inside.

Mark Michael Ferrer
Miami Beach Luxury Homes

Rate this Article:

0 / 5 stars - 0 vote(s)

Re-Publish

Article Source: http://www.articlesbase.com/real-estate-articles/the-pitfalls-of-buying-remodeled-miami-beach-luxury-homes-1459379.html

Article Tags: miami beach luxury homes

Related Videos
Related Articles
Ask / Related Q&A

Play

How to Bring the Beach Indoors

Play

How to Create a Beach Theme Bathroom

Play

How to Work your Shoulders at Home

Play

Designing A Beach Bum Bedroom

Play

How to Buy a Beach House

Latest Real Estate Articles
More from Mark Ferrer

How to Choose the Most Profitable Fort Lauderdale Foreclosed Homes

By: JosephSmith | 24/11/2009
If you are looking to make the most profit from Fort Lauderdale Foreclosed Homes, read this article and see how you can do that.

Optimising Property for the Rental Market

By: Melissa Chappell | 24/11/2009
Whether purchasing an investment property for the buy-to-let market, or attempting to generate additional revenue from a home awaiting re-sale once the local market improves, optimising techniques can make the difference between a property remaining empty for a long period of time and one that is filled with income generating tenants.

The State of the Charlotte Foreclosed Homes Market

By: JosephSmith | 24/11/2009
Charlotte was fairly sheltered from the recent increase in foreclosures due to a lack of housing boom, but experts predict that the region will see a dramatic increase in foreclosures during the final quarter of 2009.

Swimming Pool Safety at Home

By: Alvin Clavines | 24/11/2009
Swimming pool safety is essential to have a pleasurable time in your pool. It is a responsible step that you make sure your pool is used safely and that there are no dangers that could cause injury or death.

Tips on How To Quickly Sell Your Home

By: Liane | 24/11/2009
It is important to have a selling plan before making the decision to sell your home or invite potential buyers to an open house. It is very important to be prepared so that costly home selling mistakes can be avoided.

Truth in Lending Act- Get Updated

By: Liane | 24/11/2009
Commonly referred to as the TILA, the Truth in Lending Act was originally enacted in 1968 based upon a Congressional finding that economic stabilization would be enhanced and competition between financial institutions and other lenders engaging in the extension of consumer credit would be strengthened by borrowers’ informed use of credit.

Making Your Home Environment Friendly in Easy Ways

By: Maria | 24/11/2009
The green movement these days has affected many areas of everyday living. There are people who modify their careers going eco-friendly in terms of practice and materials used. And helping the environment could be started right in your own home. There are simple easy ways to make your own abode be able become a part of this cause. The first step is to change the ways of practice concerning your appliances and home areas with energy saving measures.

Finance Your Miami Luxury Condos with an ARM minus the Leg

By: Mark Ferrer | 24/11/2009 | Real Estate
Fixed mortgages are quite self-explanatory and easier to understand especially for first-time homebuyers. But if you're applying for an ARM to finance your Miami luxury condo purchase, it takes more than the basic knowledge of rates either going up and down to help you grasp the core concept of the mortgage option. You need to know the intricacies of the mortgage plan, including the risks that can possibly cause you to fall in a hole of financial woes in the future.

Three Mortgage Facts You Need to Know When Buying Miami Beach Real Estate

By: Mark Ferrer | 24/11/2009 | Real Estate
When it comes to mortgages, most Miami Beach real estate first-time homebuyers easily get anxious. For them, this means setting out looking for mortgages and facing the cruel reality of not qualifying. While there are a lot of things that can hinder your success in landing a mortgage wrapped with a bow of great terms and interest rates, there are also a lot of things that can help you qualify for one. If you’ve been misled to believe that mortgages are hard to come by and qualify to, read on to

Miami Personal Injury Lawyer – Your Defense against Negligence

By: Mark Ferrer | 24/11/2009 | Law
Personal injury cases are fairly prevalent. This crime is wide-ranging and encompasses just about any harmful accidents that are either caused intentionally or negligently. Even in Miami, the rate of crime owns up to the fact that there is a significant number of victims of personal injury in the city. If you have fallen victim to this sort of crime, you can find your defense by hiring the right Miami personal injury lawyer.