Tips for Buyers September 25, 2022
As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tells you. A professional home inspection is something you must do, whether you are buying an existing home or a new one. An inspection is an opportunity to have an expert look closely at the property you are considering purchasing and get both an oral and written opinion as to its condition.
Beforehand, make sure the report will be done by a professional organization, such as a local trade organization or a national trade organization such as ASHI (American Society of Home Inspection). Not only should you never skip an inspection, but also you should be present with the inspector during the inspection. This gives you a chance to ask questions about the property and get answers that are not biased. In addition, the oral comments are typically more revealing and detailed than what you will find on the written report. Once the inspection is complete, review the inspection report carefully.
You have to demand an inspection when you present your offer. It must be written in as a contingency. If you do not approve the inspection report, then do not buy the home. Most real estate contracts automatically provide an inspection contingency.
The most important attribute of an agent is that he/she is well connected to the real estate industry.
Buying and selling of mortgages and mortgage-backed securities is called mortgage banking.
Lead poisoning is a serious problem that can lead to adverse health problems.
If you understand your motives, you will be able to better negotiate and to get what it is that you want.
With the burst of the housing bubble and foreclosures, you may wonder if buying a home is still a good idea.
If your goal is principal reduction and saving money, then it is a good plan.
Discounts may also be available if you use the same lender for your refinance loan and your original loan.
Underground heating oil tanks can pose many potential problems to both home buyers and sellers.
For Sale By Owner is a way of selling your home without the use of a professional real estate agent.
With unparalleled industry knowledge, experience, and local expertise, I'm the Alexandria, VA Real Estate expert you've been looking for. Whether you're buying or selling, I can help you get the best deal.