What’s your stance on buying a money pit? I would assume you would not think of the concept very highly. Yet, we see clients everyday that “squeeze a quarter so tight the eagle screams” when it comes to the decision to pay for a home inspection.
If you or someone you know can answer “no” to ANY OF THE FOLLOWING QUESTIONS……….it’s time to get a home inspection during that next home purchase:
- Are you a licensed home inspector?
- Do you intimately know the property? (i.e. lived in the property for the last year?)
- Are you expert at ALL facets of home construction and/or its systems?
- Do you enjoy buying someone else’s problem? Do you to fall victim to a money pit?
Skipping the home inspection piece could be the quintessential “penny wise-dollar foolish” move. Protect yourself, protect your money……………..know what you’re getting into.
If you or any of your loved one have any questions regarding mortgage financing, home ownership or banking in general, please don’t hesitate to reach out.
Until next time-Yours Financially, Milly
Jamey Milheiser, NMLS #284184