As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tells you. A professional home inspection is something you MUST do, whether you are buying an existing home or a new one. An inspection is an opportunity to have an expert look closely at the property you are considering purchasing and getting both an oral and written opinion as to its condition.
Beforehand, make sure the report will be done by a professional organization, such as a local trade organization or a national trade organization such as ASHI (American Society of Home Inspection). Not only should you never skip an inspection, but also you should be present with the inspector during the inspection. This gives you a chance to ask questions about the property and get answers that are not biased. In addition, the oral comments are typically more revealing and detailed than what you will find on the written report. Once the inspection is complete, review the inspection report carefully.
You have to demand an inspection when you present your offer. It must be written in as a contingency. If you do not approve the inspection report, then do not buy the home. Most real estate contracts automatically provide an inspection contingency.
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Don’t go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home.
The answer is simple: The purchase of a home is most likely one of the most expensive and important purchases you will ever make.
How would you like a mortgage payment of only 1.95%? You can have all that with the 11th District Cost of Funds (COFI) Adjustable Rate Mortgage.
Lenders are not in the business of selling real estate and will often try to accommodate property owners who are having payment problems.
With more than 20 years of experience in the greater Los Angeles Real Estate market, Larry Calemine has the experience and vision necessary to ensure the successful completion of your next Real Estate transaction. Larry’s vast knowledge of the current market and strong negotiation skills will assure anyone the best possible experience.