If you’re planning to buy a home, an inspection is an important step in the process.
Details You Can’t Afford To Miss When Buying a New Home
There are a variety of reasons many homebuyers prefer purchasing a brand-new home instead of an older home. Some love the idea of moving into a home that’s never been lived in by anyone else. (Think of that crowd as the “new-car smell” aficionados of homeownership.) Others relish the opportunity to put their personal stamp […]
Why a Home Inspection Is Important [INFOGRAPHIC]
Some Highlights
If you’re buying a home, here’s what you should know about your home inspection and why it’s so important.
A home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase so y…
Common Problems Uncovered In Home Inspections
“It’s also important to note that all houses, even brand new ones, will have issues show up…” Even a house that seems perfect may not be so when it comes to a home inspection, which is meant to discover potential problems with the home’s systems, appliances, and structure. “Depending on the age, location, and type […]
What Is Causing The Most Delays In Closing?
Financing, home inspection, and appraisal issues … Watch out for financing, home inspection, and appraisal issues. These are the three most commonly cited culprits for delays or even terminations at closing lately, according to the REALTORS® Confidence Index Survey. These issues comprised more than a quarter of all the delays in contracts from the February […]
Problems Home Sellers Try to Hide, Lake Orion MI
How to spot the top problems home sellers try to hide, Lake Orion MI. Whether you’re a seasoned house hunter or a first-time buyer, the process of purchasing a home has plenty of pitfalls. And while you may assume that sellers are being upfront, it’s not uncommon for them to gloss over some of their […]
First Time Home Buyers, Tip #2, Finding A Home.
This series, Finding A Home, is about looking at open houses, how to make an offer, concessions and appraisals. Tips from real estate brokers and mortgage lenders. 1) What to look for at an open house 2) How to make an offer on a house 3) Buyer and seller concessions 4) The role of a […]
Home Appraisal vs Home Inspection
Home appraisals and home inspections are sometimes confused. While they are both an important part of the home buying process, they ultimately serve two different purposes. Key Takeaways • Appraisals estimate the value of the home, taking into consideration factors like comparable sales of homes in the area • A home inspection looks at the […]
The Role Of A Home Inspector
Before you close on a home, a home inspector will conduct a review of the property to ensure safety, let you know what needs to be repaired or what will need to be replaced in the near future, and more. A home inspector is hired by the buyer, and examines the house thoroughly for non-functioning […]
Home Buying Costs You Need to Know About in Lapeer
Story from Craig Donofrio, 10 Home Buying Costs You Need to Know About, talks about first time buyers and their fees … If you’re a first-time home buyer, you might get a little queasy when the last line of your good-faith estimate comes in at several thousand dollars. And after the color returns to your face, you might […]