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Bidding On And Evaluating A Home (Go To Full Story Page 3)
- If You Choose A Seller’s Agent To Show You Homes, The Agent Is Required To Owe Their Loyalty To The Seller. Don’t Reveal The Highest Bid You Might Make To A Seller’s Agent.
- Don’t Get Caught In The Cross Fire Of A Bidding War.
- Don’t Try To Inspect Your Home, Leave This Job To A Competent Licensed Professional Engineer (P.E.).
- Be Aware That Not All Home Inspectors Are Engineers, Don’t Be Confused By Home Inspector Certifications (Certification Can Be Bought).
- A Home Inspection Check List Report May Be Void Of Detail, A Full Written Report Has Advantages.
- Be Sure To Attend Your Home Inspection.
- Don’t Believe That The Home Is Being Offerred “As Is”, There’s Always Room For Negotiation.
- Extermination Of A Termite Infestation Has Historically Been A Seller’s Responsibility.
- A Monetary Adjustment For Defects Uncovered During The Home Inspection Is A Wiser Choice Than Repair By The Seller
Attorneys, Mortgages, Insurance (Go To Full Story Page 4)
- A Good Real Estate Attorney Can Help You Avoid Pitfalls.
- Fixed Rate Mortgages Enable You To Gauge Your Cash Flow.
- Adjustable Rate Mortgages Can Be A Rude Awakening If Financial Markets Change In The Wrong Direction.
- Owner’s Title Insurance Should Not Be Overlooked.
- Closing Costs Can Be Sizable.
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