Today, buying the home of your dreams is easier than ever before. Many people who
thought that buying the home they wanted was simply out of their reach are not enjoying
a new lifestyle in their very own home.
Buying a home is the smartest financial decision you will ever make. In fact, most
American and Canadian home owners would be financially broke at retirement if it wasn't
for one saving grace - the equity in their home. Furthermore, mortgage rates are more
flexible today than ever and tax allowances favor home ownership.
Real estate values have always risen steadily. Of course there are peaks and valleys,
but the long term trend is a consistent increase. This means that every month when you
make a mortgage payment the amount that you owe on the home goes down and the
value typically increases. This owe less - worth more situation is called equity build-up
and is the reason you can't afford not to buy.
Even if you have little money for a down payment or credit problems, chances are that
you can still buy that new home. It just comes down to knowing the right strategies, and
working with the right people.
thought that buying the home they wanted was simply out of their reach are not enjoying
a new lifestyle in their very own home.
Buying a home is the smartest financial decision you will ever make. In fact, most
American and Canadian home owners would be financially broke at retirement if it wasn't
for one saving grace - the equity in their home. Furthermore, mortgage rates are more
flexible today than ever and tax allowances favor home ownership.
Real estate values have always risen steadily. Of course there are peaks and valleys,
but the long term trend is a consistent increase. This means that every month when you
make a mortgage payment the amount that you owe on the home goes down and the
value typically increases. This owe less - worth more situation is called equity build-up
and is the reason you can't afford not to buy.
Even if you have little money for a down payment or credit problems, chances are that
you can still buy that new home. It just comes down to knowing the right strategies, and
working with the right people.
Costly Mistake #1 - Thinking You Can't Afford It
"Inspected once, inspected right." TM
| David Delzeith cell: (440) 522-6465 home: (440) 930-0343 email: david@dadhomeinspections.com |
3 Costly Mistakes
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Costly Mistake #2 - Not Hiring A Buyer's Agent to Represent You
Buying property is a complex and stressful task. In fact, it is often the biggest single
investment will make in your lifetime. At the same time, real estate transactions have
become increasingly complicated. New technology, laws, procedures and competition
from other buyers require Real process turns into a terrible, stressful ordeal. In
addition, making the wrong decisions can end up costing you thousands of dollars. It
does not have to be this way!
Work with a Real Estate agent who has a keen understanding of the real estate
business and who is on your side. Real Estate agents have a fiduciary duty to you.
That means they are loyal to only you and are obligated to look out for your best
interests. Real Estate agents can help you find the best home, the best lender and the
best inspector. Best of all, in most cases, the Real Estate agent is paid out of the
seller's commission, even though he/she works for you.
Trying to buy a home without an agent as all is, well...unthinkable
investment will make in your lifetime. At the same time, real estate transactions have
become increasingly complicated. New technology, laws, procedures and competition
from other buyers require Real process turns into a terrible, stressful ordeal. In
addition, making the wrong decisions can end up costing you thousands of dollars. It
does not have to be this way!
Work with a Real Estate agent who has a keen understanding of the real estate
business and who is on your side. Real Estate agents have a fiduciary duty to you.
That means they are loyal to only you and are obligated to look out for your best
interests. Real Estate agents can help you find the best home, the best lender and the
best inspector. Best of all, in most cases, the Real Estate agent is paid out of the
seller's commission, even though he/she works for you.
Trying to buy a home without an agent as all is, well...unthinkable
Costly Mistake #3 - Getting A Cheap Inspection
Buying a home is probably the most expensive purchase you will ever make. This is no
time to shop for a cheap inspection. The cost of a home inspection is very small
relative to the home being inspected. The additional cost of hiring a certified inspector
is almost insignificant. As a home buyer, you have recently been crunching the
numbers, negotiating offers, adding up closing costs, shopping for mortgages and
trying to get the best deals. Do not stop now. Do not let your Real Estate agent, a
patty-cake inspector or anyone else talk you into skimping here.
NACHI front-ends its membership requirements. NACHI turns down more than 1/2 the
inspectors who want to join because they can't fulfill the membership requirements.
NACHI certified inspectors perform the best inspections by far. NACHI certified
inspectors earn their fees many times over. They do more, they deserve more, and
yes they generally charge a little more. Do yourself a favor...and pay a little more for
the quality inspection you deserve.
time to shop for a cheap inspection. The cost of a home inspection is very small
relative to the home being inspected. The additional cost of hiring a certified inspector
is almost insignificant. As a home buyer, you have recently been crunching the
numbers, negotiating offers, adding up closing costs, shopping for mortgages and
trying to get the best deals. Do not stop now. Do not let your Real Estate agent, a
patty-cake inspector or anyone else talk you into skimping here.
NACHI front-ends its membership requirements. NACHI turns down more than 1/2 the
inspectors who want to join because they can't fulfill the membership requirements.
NACHI certified inspectors perform the best inspections by far. NACHI certified
inspectors earn their fees many times over. They do more, they deserve more, and
yes they generally charge a little more. Do yourself a favor...and pay a little more for
the quality inspection you deserve.
| National Association of Certified Home Inspectors |
