If you are buying a new home, a home inspection is your first line of defense in making sure you are making a good investment and buying a solid home. Your home inspector is there on your behalf and they are a wealth of knowledge. In fact, there are questions you should be asking your inspector before, during, and after they conduct their tour of the home.Continue reading “Questions to Ask a Home Inspector Before, During, and After the Inspection”
There is a lot of terminology that you hear during the home buying process, and if you plan to purchase a home in the near future, you may have heard the term Earnest Money Deposit. If you haven’t or don’t quite know what it means, you’ll want to read on because it’s pretty important.
Most people must put some amount of money down on a home as a deposit when they submit a bid or offer for the home they want to buy. It’s typically written into the purchase agreement as an Earnest Money Deposit (EMD), or referred to as a good faith deposit, and it lets the seller know you are serious about your bid. This can also make your offer more attractive if there are multiple offers in place.Continue reading “How to Lose Your Earnest Money Deposit and Ways to Avoid It”
Whether you are a first-time buyer or a real estate mogul, there are still plenty of issues that can happen along the home buying process, including finding issues that weren’t disclosed by the buyer. Even though the homeowner is required to sign a disclosure document, it doesn’t always mean that it’s accurate – whether they know about the issues or not.Continue reading “Home Buying: Are Sellers Trying to Hide Hidden Issues?”
When you buy a house, a home inspection is highly recommended. You aren’t just buying a high-end kitchen, or cozy family room with a fieldstone fireplace, you are also buying any problems lurking behind the walls. The home inspector will look at structural issues and other potential problems that could make the home a bad investment. After the inspection is completed, you usually have about 10 days to pull out of the sale.Continue reading “How to negotiate the buying price of a home after inspection”
House Hunters and other HGTV shows can make home buying seem so breezy. Spend the day with a fun, sassy real estate broker, check out a few fabulous properties, relax with a glass of wine, and decide on your dream home.
But for first-time homebuyers who aren’t living in a “reality TV” fantasy, the process can be stressful and overwhelming. So much to think about and so many options!