Buying a home is an exciting prospect. Amid all your excitement, it's essential to take a step back and ensure everything is in order before diving head-first into such a significant purchase. To ensure a smooth transition from renter to homeowner, you should take care of specific preparations beforehand. This post provides an overview of necessary checks before taking the plunge and securing your own home. From getting pre-approval for a mortgage loan to understanding local tax laws, take notice of these essential steps, as they can save you time and money down the road.

1. Roof

Many roofs have a lifespan of around 15 to 20 years, so it's vital to get an inspection done before committing to buy. If you're buying a home over 10 years old, this should be top of your list when it comes to inspections. Not only should you check for damage and necessary repairs, but you should also consider the type of material used and its age. You should also ensure the roof is adequately ventilated, as this can impact its longevity and energy efficiency in the long run.

2. Underground Storage Tanks

If the home has oil-powered heating systems, check to see if there are underground storage tanks. These can be expensive to remove and require special permits, so it's essential to understand your responsibilities as a homeowner before committing to a purchase. If you find one, you should have it inspected for any problems, such as leaks. A reputable underground storage tank removal service can help you determine the cost of removing a tank and any potential environmental risks. 

3. Structural Integrity

Houses can be subject to many issues over the years, so it's crucial to ensure your prospective home is structurally sound before you commit. This means checking for cracks in the foundation and signs of water damage and ensuring all walls and ceilings are adequately supported. If you need more confidence about doing this, a structural engineer or home inspector can be hired to check the house for you. This will give you peace of mind and help identify any potential issues that need to be addressed before you make an offer.

4. Energy Efficiency

A good indicator of how energy-efficient a property is is by looking at its energy performance certificate (EPC) rating. This certificate can tell you how much energy the home uses and what improvements can be made to make it more energy-efficient. Considering this before buying is essential, as energy bills can soon add up if your home isn't efficient. Making a few simple changes such as upgrading windows or installing insulation can make a difference to your energy bills in the long run.

5. Local Tax Laws

Before making any offers, it's worth researching the local tax laws of the area you're considering. Different states and cities can have different tax rates, so this is an essential factor to consider when making your decision. You'll also want to know what kind of exemptions are available and how you might be affected by any future changes in the tax laws. Knowing this information upfront will help you budget more effectively and make sure you're not stuck with any unexpected costs down the line.

These are some of the most important things to consider when buying a home. Make sure you research the area, check for any potential issues with the property, and understand your financing options before committing to a purchase. With that said, we wish you luck in finding your dream home.