Most of the homebuyer information available is about finances, budgeting and dealing with Realtors and lenders. This article highlights some tips for the first time homebuyer, from the point of view of a home inspector, so you can better protect yourself when you are ready to take the plunge.
The inspection report isn’t really a seller’s repair list. It opens up negotiations, if so stated in the contract. If the home is sold “as-is,” there probably won’t be any repairs made. The exception is those conditions that must be cleared up according to the law before the closing on the property. The Dunkle Home Inspections main purpose is to let the buyer know exactly what is being purchased before the actual transaction is completed. This protects the buyer fromt he unknown.
Chamber of Commerce – Most businesses are listed with the local Chamber of Commerce for advertising purposes. If you are looking for a recommendation the Chamber of Commerce may not be able to comment on the local home inspectors jobs. The Chamber of Commerce will be able to tell you if the home inspector is a licensed and insured professional and possibly how long the business was in business.
When you look at a home, try to imagine it empty so you can get a better sense of space. Remember, all homes will have flaws, so think about what you can manage and what are willing to walk away from.
Review with your agent the comparable sold prices in your neighborhood to establish your asking price. Pricing is one, if not the most critical, aspect of selling your home. Take great care in choosing an agent that understands proper pricing strategies. The selling price should attract potential buyers to your home, net you the most profit, and reflect the current market conditions and the overall condition of your home. Be realistic and avoid agents who will overprice just to get the listing. Some agents will suggest a high dollar amount just to get you to list, while others will under price a home just so it will sell quickly.
Once we have identified interesting homes, you can contact an agent to go see them. At this point you might write an offer on one, or more of the homes you see. The Southern California Market has seen drastic drops in price, but there has also been a flurry of offers, no reason not to explore all homes you have interest in. Remember that listing prices are simply the sellers’ wish price, not the one they might actually take. The next step would be counter offers or acceptance of our offer. For the purposes of this article, let’s assume you found a home at a good price and are ready to open escrow.
There are good roofer and there are bad roofers. There are also people who really are not roofers and have no business dong roofing but they claim to be roofers and get home owners to hire them. Before you give a roofer your hard earned cash make certain that they did a good job for you.
Hopefully this article has been helpful to you as a first time homebuyer. If you would like to learn more about home inspections, details in this article, or would like me to write about a particular topic, just let me know. Also, if you liked it I would like to know that too.