Buyers
Set Expectations
Prepare You For Contract
I’ll keep you posted on market activity. You can watch real time when properties go into contract and what they sold for. Knowing the market will help you understand how to craft your offer.
• Thou shalt not change jobs, become self-employed or quit your job.
•Thou shalt not buy a car, truck or van (or you may be living in it!).
•Thou shalt not use credit cards excessively or let current accounts fall behind.
•Thou shalt not spend money you have set aside for closing.
•Thou shalt not omit debts or liabilities from your loan application.
•Thou shalt not buy furniture on credit.
•Thou shalt not originate any inquiries into your credit.
•Thou shalt not make large deposits without checking with your loan officer.
•Thou shalt not change bank accounts.
•Thou shalt not co-sign a loan for anyone.
Sometimes we are so enamoured by new flooring and fresh paint that we overlook a missing gutter. Or there are issues not in plain sight. Then we get shocked by a 38 page inspection report that makes it sound like this perfect house is falling apart at the seams.
Not even new construction homes are perfect. Some of these homes might be older than you. Homes were probably up to code during the year the house was built. Codes are always changing and updating. This doesn’t mean there’s not an issue with older homes, it doesn’t mean there is an issue either.
Inspection reports will identify items of high concern ie: structural, mechanical, electrical problemsl, pests, mold and water damage. The report may also include items of least concern ie: cosmetic issues, minor repair (door knob replacement), and deferred maintenance “may need (care) at a later date.”
Inspection reports are meant to show what is needed to bring a home into perfect condition. This report will give you more confidence to decide what conditions you are comfortable accepting, or if changes need to be made to the contract. It is my business practice not attend the inspection myself.
As a realtor is it not my area of expertise. I encourage you to attend the inspection if you want to. The inspection is a great opportunity to have unfiltered conversations about the condition of the home with a home inspector. Let me know if you want me to show up at the end of the inspection to review any major issues.
Tip: schedule your inspection as soon as you are in contract. Inspectors schedules can fill up quickly.
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem dolore, alias, numquam enim ab voluptate id quam harum ducimus cupiditate similique quisquam et deserunt, recusandae.
SALS 2014001297