Finding The Home Of Your Dreams Is A Full Time Job. Here Are Some Tips From The Home Inspection Pros.

Do Your Homework First (Go To Full Story Page 1)

• Evaluate Ownership Avantages And Dis-Advantages.
• Analyze Your Financial Position, Determine What You Can Comfortably Afford.
• Consider Location, Schools, Home Style, Desired Lifestyle, Expected Duration Of Ownership. Weigh All Of The Options.

Take The Next Steps (Go To Full Story Page 2)

• Mortgage Pre-Approval, A Desirable Benefit.
• Know The Difference Between A Buyer’s And Seller’s Real Estate Agent.
• Line Up A Competent Home Inspection Engineer Before You Start House Hunting, You Want To Be Able To Act Quickly When Your Bid Is Accepted.

Bidding On And Evaluating A Home (Go To Full Story Page 3)

• If You Choose A Seller’s Agent To Show You Homes, The Agent Is Required To Owe Their Loyalty To The Seller. Don’t Reveal The  Highest Bid You Might Make To A Seller’s Agent.
• Don’t Get Caught In The Cross Fire Of A Bidding War.
• Don’t Try To Inspect Your Home, Leave This Job To A Competent Licensed Professional Engineer (P.E.).
• Be Aware That Not All Home Inspectors Are Engineers, Don’t Be Confused By Home Inspector Certifications (Certification Can Be Bought).
• A Home Inspection Check List Report May Be Void Of Detail, A Full Written Report Has Advantages.
• Be Sure To Attend Your Home Inspection.
• Don’t Believe That The Home Is Being Offerred “As Is”, There’s Always Room For Negotiation.
• Extermination Of A Termite Infestation Has Historically Been A Seller’s Responsibility.
• A Monetary Adjustment For Defects Uncovered During The Home Inspection Is A Wiser Choice Than Repair By The Seller

Attorneys, Mortgages, Insurance (Go To Full Story Page 4)

• A Good Real Estate Attorney Can Help You Avoid Pitfalls.
• Fixed Rate Mortgages Enable You To Gauge Your Cash Flow.
• Adjustable Rate Mortgages Can Be A Rude Awakening If Financial Markets Change In The Wrong Direction.
• Owner’s Title Insurance Should Not Be Overlooked.
• Closing Costs Can Be Sizable.