Home Buying Process: Tips To Buying Your Home

As-is homes can become sticky situations. And, as Realtors, we try to avoid working with as-is homes because they are notorious for major problems – not to mention liability. Fortunately, we can say that we’ve never encountered such problems simply because we avoid the situations altogether. But, all Realtors have heard horror stories about an agent who either found himself in a legal suit over the property (which is the worst I’ve heard), or an agent who had such a difficult time working with the seller that he and his client had to back out of the contract.

Perhaps it is his outstanding personality, or perhaps it has to do with the amount of time that she spent nursing him back to health….the hours that she spent lying on the floor, holding his head, when he was too weak to stand. Perhaps it is all of this. Regardless, his new home must be exceptional in order to win her stamp of approval.

Keep rent to own homes in mind. Some people are turned off by the idea because they do not understand the process or are afraid of being cheated. With the right research, a rent to own home can give you an opportunity to try before you buy and most times, deal directly with the owner.

There are many inspections that buyers can request. The most important is having the home go through a complete syracuse home inspectors by a professional. This is usually as simple as a check in a box. Make sure that the box is checked. And if you are requesting a pest, termite or environmental inspection, make sure that you include it in the contract. Or you will probably be out of luck.

If buying a duplex triplex or four unit the down payment may be 20% owner occupied and 25% non owner occupied. Lender guidelines have changed a lot since the market boom. I remember when the real estate market was going up the lenders were offering 100% financing and you could buy 4 units with 5% down, that is not possible anymore unless you are a veteran. If you want to buy residential Income property 2-4 units the down payment is min 20-25% down. If you are a Investor buying Income property 5 units and up you will have to put 30-35% down. These are typical lender guidelines and they vary from lender to lender.

Repairing computers. If you are great with computers, you need to start repairing them for people. This is something that people pay a lot of money for, so it might as well be you they are paying .

Parisa was able to assist the woman in getting her heart medication and sat with her until her cardiac spell had passed and the woman had stabilized. Parisa told the Dog News Examiner that she fully credits Daddy for saving this woman’s life.

As I perform a home inspection I am always on the lookout for creosote buildup. Creosote is a buildup that can form in the flue and it can become a fire hazard that can burn very hot and set the roof and house on fire. Chimneys and stove flues should be cleaned yearly.

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Home Buying Process: Tips To Buying Your Home

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