Admiral Home Inspections - Feel Safe About Your Investment.
RSS Follow Become a Fan

Recent Posts

Built- in Humidifiers
crawl space moisture problems
Crawls Space Problems-inspections
Atiic insulation for the DIYer
Deadly Mistakes A Home Buyer Should Know

Categories

fall 2013
FAQs
Spring 2013
summer 2013
winter 2014
powered by

My Blog

Deadly Mistakes A Home Buyer Should Know

Three Deadly Mistakes Every Home Buyer
Should Avoid
Deadly Mistake #1: Thinking you can't afford it.
 
Many people who thought that buying the home they wanted was simply out of their reach are now enjoying a new lifestyle in their very own homes. 
 
Buying a home is the smartest financial decision you will ever make.  In fact, most homeowners would be broke at retirement if it wasn't for one saving grace -- the equity in their homes.  Furthermore, tax allowances favor home ownership. 
Real estate values have always risen steadily.  Of course, there are peaks and valleys, but the long-term trend is a consistent increase. This means that every month when you make a mortgage payment, the amount that you owe on the home goes down and the value typically increases.  This" owe less, worth more" situation is called equity build-up and is the reason you can't afford not to buy.
 
Even if you have little money for a down payment or credit problems, chances are that you can still buy that new home.  It just comes down to knowing the right strategies, and working with the right people.  See below.
  
  
Deadly Mistake #2: Not hiring a buyer's agent to represent you.
 
Buying property is a complex and stressful task.  In fact, it is often the biggest, single investment you will make in your lifetime.  At the same time, real estate transactions have become increasingly complicated.  New technology, laws, procedures, and competition from other buyers require buyer agents to perform at an ever-increasing level of competence and professionalism.  In addition, making the wrong decisions can end up costing you thousands of dollars.  It doesn't have to be this way!
 
Work with a buyer's agent who has a keen understanding of the real estate business and the local market.  A buyer's agent has a fiduciary duty to you.  That means that he or she is loyal only to you and is obligated to look out for your best interests.  A buyer's agent can help you find the best home, the best lender, and the best home inspector in your area. That inspector should be a qualified and certified home inspector.
Trying to buy a home without an agent or a qualified inspector is, well... unthinkable.
 
 
Deadly Mistake #3: Getting a cheap inspection.
 
Buying a home is probably the most expensive purchase you will ever make. This is no time to shop for a cheap inspection.  The cost of a home inspection is small relative to the value of the home being inspected. The additional cost of hiring a certified inspector is almost insignificant by comparison.  As a home buyer, you have recently been crunching the numbers, negotiating offers, adding up closing costs, shopping for mortgages, and trying to get the best deals.  Don't stop now!  Don't let your real estate agent, a "patty-cake" inspector, or anyone else talk you into skimping here. 
Do research on your home inspector, find out their qualifications experience and serviced they provide. If their reporting process is vague and doesn’t explain to you in detail about all aspects of the home you may not be getting what you paid for, hence the reason you don’t want to skimp out on this process. Your home inspector should be able to not only report on the current condition of the home but point out important maintenance recommendations to protect your investment. To give you an idea of money that will need to be spent in the upcoming years to help you properly budget for the home. A home inspection cost is a tiny fraction of the purchase price, which is a small price to pay to potentially save you thousands later.

38 Comments to Deadly Mistakes A Home Buyer Should Know:

Comments RSS
Handbags on October-07-13 9:28 PM
Very well written, I hope next time can be good, thanks for sharing
Reply to comment
 
Windows 10 Home on December-22-16 1:58 AM
windows7 home premium product key free , valid keys for mac office 2011 , enterprise windows 7 activation key , sql 2008r2 standard key , Microsoft Office visio pro 2013 & Download , discount product key for windows 7 pro , windows home server 2011 activation key , buy Office professional 2016 product key online , s2M5nz
office pro 2016 buy
windows 10 product keys and iso download
Genuine windwos 7 pro keys and download
windows server 2016 essentials key sale online
buy cheap windows 10 professional product key


odzież promocyjna - akart.com.pl/odziez-reklamowa-c6.html on November-02-13 1:14 AM
Sustain the excellent job and bringing in the crowd!
Reply to comment


Cordie Coop on November-03-13 2:16 PM
tedious along with complicated
Reply to comment


darmowe-gry-hazardowe.com.pl/innowacja-czy-klasyka-na-jakie-gry-hazardowe-postawic/ on December-19-13 2:46 PM
Passageway together with corridor?
Reply to comment


Adelaide Bond Cleaning on January-22-14 3:26 AM
A must read post for home buyer.. In general home buyers do make this huge mistake and face sever loss.
Reply to comment


essays on February-03-14 5:16 AM
I agree with the first deadly mistake. If that would be your thinking, then you won't be able to reach your goal or objective.
Reply to comment


http://gry-automaty-online.com.pl/7/ on February-10-14 10:01 AM
so it's always significantly better to?
Reply to comment


bond cleaners in brisbane on March-06-14 12:07 AM
Yes these are huge mistakes which homeowners must avoid.. Really very useful informative post.
Reply to comment


Carpet cleaning brisbane on June-17-14 4:18 AM
These mistakes are common and must be avoided by home owner..Thanks for guiding us out..
Reply to comment


replica omega on June-26-14 2:44 AM
Maybe you have a store of designer watches passed, looked into the display window and believes that you can identify called Hublot Or you might see in fashion magazines This is replica pers Hublot watches for you personally!
Reply to comment


rolex replica on June-26-14 2:44 AM
So attractive, st Can t as Hublot Replica Watches is calling you to own it!
Reply to comment


replica watches on June-26-14 2:44 AM
Hublot Replica Watches, knows how much you apart cherish beautiful ne things personally and tell you.
Reply to comment


strona internetowa on August-02-14 8:51 PM
This all of the influences Convey shell taking away making use of like equipment details that can help you on the range of pieces of furniture, equipment, structure or maybe flooring
Reply to comment


strona internetowa on August-15-14 10:45 AM
The installing to the walls appears to be like the particular pause of photograph known The the next thing you're obliged to pay attention to the products found in typically the hallway
Reply to comment


Jude Viera on October-01-15 6:36 AM
too a good deal attention?
Reply to comment


Hildred Lipner on October-01-15 10:23 PM
popular and also there is?
Reply to comment


Emile Machalek on October-02-15 1:10 AM
made to make sure you request, by just professionals?
Reply to comment


Deangelo Stjean on October-02-15 4:03 PM
hallway can also be not uncommon?
Reply to comment


Stanford Chollett on October-03-15 2:03 PM
sometimes help lounge, an important place?
Reply to comment


Pat Lowd on October-03-15 4:42 PM
the anyone can?
Reply to comment


Sophia Lontz on October-03-15 9:33 PM
equipment and additionally interior design?
Reply to comment


Vivien Helaire on October-03-15 10:52 PM
tailor it again to make sure you this apartment?
Reply to comment


Emmaline Reome on October-04-15 4:15 AM
consistent over-all master planning of arrangement?
Reply to comment


Harris Naimoli on October-04-15 2:06 PM
so it will be a lot better to?
Reply to comment


Dorris Delauter on October-05-15 12:51 PM
decent, excellent apartment?
Reply to comment


Rick Renshaw on October-05-15 8:35 PM
in this subject matter is?
Reply to comment


Lyndia Osterman on October-07-15 7:43 AM
Good panels will be not?
Reply to comment


Mariko Betschman on October-07-15 7:47 AM
If you can be?
Reply to comment


Del Roch on October-15-15 8:04 AM
person is known for a choice of?
Reply to comment


Parhaat Nettikasinot 24 on October-19-15 5:07 AM
reaping the actual information?
Reply to comment


Ward Mandrell on October-27-15 11:05 AM
you may wish to read?
Reply to comment


Arnita Prevost on October-27-15 12:54 PM
decoration for the apartment?
Reply to comment


loemrntdherid1 on March-06-18 2:08 AM
Blog is very much useful , love to see more stuff like this ,the author has share a great piece of knowledge.
Reply to comment


Grand Theft A on June-07-18 2:27 AM
GTA stand for Grand Theft Auto V It is a video action adventure game released in 2013 developed by Rockstar North and publisher is Rockstar Games
Reply to comment


loemrntdherid1 on July-03-18 2:48 AM
Must admit that you are one of the best writtens I have ever read.
Reply to comment


Ravi on July-11-18 4:22 AM
I am completely agree with you that deadly mistakes a home buyer should know. Thanks for this informative post. gym flooring
Reply to comment


Bullguard coupon on August-25-18 5:07 AM
I just got to this amazing site not long ago. I was actually captured with the piece of resources you have got here. Big thumbs up for making such wonderful blog page!
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
Website Builder provided by  Vistaprint