If you like losing money do not inspect your home before closing. This is true whether you're working with well-located homes in need of tender loving care, a new home, or a home that has some years associated with it. Before you close hire a professional inspector to ensure the home won't cost you a fortune to refurbish.
“There's a big difference between a 'good buy' and a 'money pit.'”
That fixer upper that looks like a good buy should be structurally sound with all major systems in good working order--heating/cooling, plumbing, electrical, roof. Those are the most costly items to repair or replace. Your time and effort will be better spent painting, making minor repairs, adding or replacing fixtures, sprucing up the landscaping, and accomplishing other low-cost fix-ups.
Can a new home be problematic? You bet! We could tell you stories that would make your hair curl. Example the builder had a broken pipe in a bath room and when the water was turned on it soaked the entire family room. No one likes to hear squishing noises when they walk across their new carpet. Another new home had the thermostats switched so the small air conditioner was trying to cool the large part of the house and the big on was cooling the bedroom. You could have hung beef in that bedroom. All these items could have been caught prior to moving into the new home eliminating the stress and wait time for the builder to send the contractor out to make the repairs – That’s just no fund at all.
Buying a re-sale that has had tender loving care, you love it, you want it, and the price is good, are you going to buy it? Inspect it first! There are times problems exist that even the best most caring home owner is not aware that it exists. It's a small necessary procedure that needs to be done to protect your investment.
Our online report titled "Check a property's condition before you finalize the transaction" gives you the information on the test required to check a property's condition. It offers valuable tips for selecting a sound home. Read it, with absolutely no obligation and save some of your hard earned dollars. Be sure to give us a call to find out what's on the market that meets your requirements.