Purchasing a home is a euphoric event. Once escrow begins, the euphoria can change to frustration, particularly if you are not ready for the closing costs that quickly accumulate.
Buying a Home — Is a Home Inspection a Good Idea?
To avoid buying a pig in a poke, buyers have long demanded the closing on a home purchase be contingent upon a satisfactory inspection by a home inspection firm. In many parts of our country, were now experiencing a strong sellers real estate market and sellers often receive more than one purchase offer on the same day for their home. In this environment, buyers are rethinking the home inspection requirement. Is this a good idea?
Buying a Rural Property First Steps
Perhaps for years you’ve dreamt of owning a place in the country maybe a small ranch in Colorado, or a private lakefront lot in Minnesota, or maybe your own ski chalet in the Rocky Mountains. Today’s low real estate prices combined with great interest rates are making it possible for more people to realize this dream. Before you get out your checkbook, here are some things to consider before taking the plunge.
A Word of Warning About Home Inspections When Buying
When you make the decision to purchase a home, you are committing to a lot of debt. You want a home inspection, but be careful with your choice of inspectors.