Touring and looking at homes can be one of the most exciting steps in the homebuying process. However, it can be easy to get carried away in the excitement and easily overlook details that could become an issue down the road. Whether it’s the location, a too good to be true listing price, or a red flag with the home’s condition — you’ll want to do your due diligence before making an offer on a home. To help you avoid missing what could be a possible issue or large expenditure in the near future, keep these 10 potential red flags

BURLEIGH Waters, Miami, Mermaid Waters and Sanctuary Cove are among Gold Coast suburbs where homebuyers are bulldozing rundown dwellings in favour of flash new builds.

A “knockdown rebuild” is often more cost effective than a complicated and lengthy renovation, according to Porter Davis Homes consultant Allyson Lente.

“Knockdown rebuilds allow you to keep equity in your land without having to pay stamp duty or other associated selling costs,” she said.

“We see a number of current residents in these areas looking to upgrade on