Gettin' Real: A Real Estate BlogGettin' Real: A Real Estate Blog


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Gettin' Real: A Real Estate Blog

Many people say they don't really feel like an adult until they buy their first home. It is a huge step. Rather than letting a landlord make all important repairs, you take on this responsibility yourself. You also get to build equity in the home over time, which can be a rather smart investment. At the same time, buying your first home can be a little intimidating. You may have questions about applying for a mortgage, setting a budget, and shopping efficiently. We hope to answer those questions with our helpful content. Your real estate agent is a good source of information, and so is this blog.

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Tips For Having A Potential Home Inspected Before Buying It

Before buying a home, it is important to assess whether it is structurally sound. Unfortunately, this is one of the most important parts of the buying process that will often be neglected by buyers. Here are some tips to help you.

Know the Importance of a Professional Inspection 

Hiring a professional home inspector will likely add to the total cost of buying the property. However, these inspections are necessary due to the fact that you are unlikely to possess the skills or the knowledge that is needed to be able to effectively assess whether the home is sound. In addition to being able to find problems with the home that will need to be repaired immediately, a home inspector will also be able to help you with assessing the property for building code violations as these can also be expensive problems that will eventually have to be repaired.

Thoroughly Review the Home Inspection Report

At the end of the inspection process, the home inspector will provide you with a verbal assessment of the property as well as a written report. When reviewing this information, it can be tempting for a person to simply listen to the verbal report from the inspector before making their decision. However, you should also spend time reviewing the written report. This will provide substantial detail about the condition of the home so that you can have a better idea as to the quality of the structure. This can also be useful for those that are considering making structural changes, such as removing walls, as this report may provide important insights into the load-bearing walls in the structure.

Be Prepared to Negotiate Over Problems Found During the Inspection

In some situations, the home inspection will reveal that there are significant issues with the home. If this is the case with your home, you may be able to use these problems with the structure as a negotiating point for the purchase. Being able to negotiate the costs of repairs off the buying price of the house may help you to get the house that you are wanting while also having the funds needed to make any repairs that it may need in order to be a reliable home for your family. The seller of the property may not always be welcoming to this idea, but it may be an option you want to pursue if you still want to purchase the property despite the inspection discovering problems with it.

For more information, contact some local home inspectors.