Does the History of a Home Matter?

  • November 09, 2015

The history of a home is often taken into consideration when purchasing a property. Some buyers have clear restrictions on what they will and won’t find acceptable. Others are more interested in the present and future opportunities with a property. What would drive you away?
1. Pests – Pests are one of the more common occurrences in the history of a home and a feature a buyer can generally look over, or at the least prepare themselves to deal with. Knowing if the property has had an infestation before is important though to ensure it was properly taken care of and knowing the likelihood of the same issue happening again.
2. Natural Disaster – A more severe issue could cause a buyer to start angling their foot towards the break. Was there a fire on the premises or perhaps an earthquake that caused some structural damage? These types of issues could create some serious problems in the future if they have not been properly dealt with. Often times these properties will require more research and inspections before a buyer is comfortable making an offer.
3. Haunted History – Unfortunately, not all homes have a rosy history. The law requires specific crimes be disclosed to potential buyers and includes a variety of situations. From homicides to drugs, the history of a home can be hiding a lot from its curb-appeal.
Where would you draw the line when researching a home’s history? While some buyers are willing to take on anything to get their share of the American Dream, others are not so willing to strain themselves physically, financially, or emotionally to deal with purchasing a home with a less-than-tidy backstory.

  • Facebook Icon
  • Linked In Icon
  • Twitter Icon
  • Google Plus Icon

Latest Tweets

© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at To verify our complete list of state licenses, please visit and NMLS Consumer Access (