3 Homes Tips from Someone With Experience
Steps to Help You Buy Your New Home
A very important decision to make one day is one about buying a home. Your real estate agent has gotten you this far, you almost have a new home! The required papers are almost ready to go.
Greetings! I’m pleased to tell you that I will be your home inspector. I will be helping you understand what happens after your home inspection report is given to you. The house looks lovely and perfect for you as you look at it. You marvel at the fact that you are so close to getting your new home.
Before anything else, I need you to know a few things. Based on the home inspection report, maybe you need to think things through one more time. Going around the house the first time might have made you miss a few very important details. Sadly, the home inspection report revealed that it, in fact, wasn’t perfect. You may feel shocked or relieved. The thing is, most homes’ problems come to light after a home inspection.
I am here to help you compare the problems in the house with their fixability. Information is key in making important decisions such as this.
Emotions sometimes cloud our better judgment. But it isn’t always a bad thing because your gut feel may be correct.
The most important thing to know is that your home is not perfect. Having an enjoyable home comes with its corresponding issues and problems but this shouldn’t dampen your spirits. Attention is also needed for houses to truly be homes. Home that don’t get as much attention don’t age gracefully.
Less than 3% of homes are forever doomed. Fixing and repairing these kinds of homes aren’t worth it anymore. You will know immediately if this kind of home is what you’ve just inspected. If you find a home that needs quite a lot of repairs but is worth saving, this article will help you gauge if it is indeed the house for you.
Very good quality homes make up the rest of the fraction of homes. Majority of people are very hands-on with their homes and take good care of them. In order to come up with our decision, we will be using this very good quality house as our example. I will present to you the method of using the inspection report.
The report summary is very helpful at this point. Things that need to be immediately addressed will be highlighted. The important things such as repair and safety items are in the summary. Leaks are part of the summary. Picket fence spacing is an example of improvement which has deteriorated over the years and is needed to be fixed. As mentioned summaries do not contain improvements. Since it is not in the summary, it is in the body of the report.
The body of the report contains summary items with photographs.
The contractor you will hire will also be based on the summary. Usually, giving a quote is free of charge. People who are knowledgeable in real estate such as professionals from that industry and home inspectors can lead you to the best people to work on your home. Sometimes, it is helpful to get more than one opinion on the matter.
“Monitor” items are also good items to get quotes of.
In order to avoid extra expenses in the future, it is important to research about these things. The due diligence period can be extended if you need more time to estimate the cost of the repairs. It is good for you to decide using as much information as you can.
Your decision is fast approaching with your collection of quotes, future expenses, and maintenance budget. For an easier decision making process, get a blank sheet of paper and draw a link in the middle lengthwise. You can write “positive” on the left and “negative” on the right.
For example, “mall” is a category that you see as an important factor so you can put it on the positive side on the left with a rank of 6 because of its importance.
You can put things such as location, costs, maintenance, and the like as categories for your decision making.
The decision at hand should be clearer now that you have categorized and ranked important factors to your decision on that piece of paper.
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