Being A Smart Home Buyer

Most likely, if you’re reading this, you think about a chief inspector. You may have even seen ads that you can make hundreds of dollars a day as a home inspector. Home inspection schools put many of these ads. They paint a rosy picture about the profession and how easy it is for you to do a lot of money almost overnight.

Not Fully Understanding the Costs Involved- Most home buyer’s just think about the down payment. They fail to figure on closing costs to close a loan, pro-rations on taxes, condo fees, oil payments as well as the cost of home inspections. Again an experienced agent can help you with all of this. Ideally if you are buying for the first time or are not comfortable with the process sit down and have an initial consultation with a real estate agent and or a mortgage originator.

A sump pump is there to remove water from your basement. If there is a sump pump, then there has been excess water in the past. To work, a sump pump needs some water in it anyway. This standing water can lead to mold and termites. Avoid houses with sump pumps.

When purchasing a home, hire a professional home inspector Palm Springs CA. This will help you know for sure if anything needs to be replaced or fixed if you buy the home, without relying on your own expertise or information from the seller. Having a professional who is an objective third party is a good way to keep any findings civil as well.

A home being marketed AS IS doesn’t need an independent inspection – Oh boy…here we go again. If you are buying a home where no representations have been made by the seller…or worse yet the home is being specifically marketed AS IS, then how in the world are you going to know what AS IS…is…unless you have it inspected?

You have to follow rules that are not yours. Each association has its own rules. And the rules can change. One of the rules that can change is whether tenants are permitted or not. If you own a condo and the association votes no more tenants, when your lease is up, you either move in or sell. Your association might decide to go with the ‘no more tenants’ rule at a time when selling is not a great option.

Congratulations on your decision to become a first time home owner. You really couldn’t have picked a better time. Just listen to your head and not just your heart and you should be fine.