Posts with tag 'home inspections'

The home-buying process is long and arduous. You often spend months searching for the right home before you make an offer and once an offer is made and accepted, you must jump through several more hoops before the sale closes. An important part of the process is the home inspection where a professional makes sure everything in the house is functioning properly and identifies needed repairs.

The buyer pays the cost of a home inspection but can always wave the right to an inspection. That's not a good idea. You should make a home inspection a mandatory part of the home-buying process. You need unbiased documentation of the home's condition. This goes for both the purchase of a pre-owned home as well as new construction.

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Found a Home Listing You Like? Watch Out for These Warning Signs

As the summer real estate season rolls on, true to form, more and more homes are listed and competition remains stiff. Another thing you can rely on – a seller and their agent are going to paint the home as beautifully as they can to secure a sale. But if you're looking to buy, you have to be careful you don't fall for such crafty salesmen tricks.

Pay attention when you visit a home and do your own careful inspections to look for any signs that the house you're walking around in isn't the home that's being promised by the Realtor. Here are four key warning signs to keep an eye out for that will tell you the home listing isn't all it's cracked up to be.

#1: Cracks in the Foundation

If you or your profess...

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Sellers write contingencies into counter offers more often in seller's markets than in buyer's markets. But it's not uncommon to see a seller ask a buyer for the right to find

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1. It's going to take time

Sometimes, people go into buying a fixer-upper with an idea that they can fix it up and re-sell within a few short months. This is generally not possible unless you have unlimited funds for a construction crew to work on your house every day. Fixing up a house takes a lot of time. Just accept it, embrace your new life as an owner of a fixer-upper, and settle in for a long ride. This is definitely a marathon instead of a sprint!

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Buying a new house is an exciting adventure to embark on. Whether you are a newlywed just beginning your life with your significant other or a retiree looking to downsize, purchasing a new home is a time of new beginnings. Despite all of the anticipation of owning a new home, there are some housekeeping items that should be taken care of prior to settling in.

Committing to a Final Walk Through

As eager as you may be to finally move in after weeks of paperwork and waiting, completing a 

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