Pre-owned family homes can have an array of problems. When you’re looking to move into a home, it can be advantageous to look at new construction. Whether you’re looking at a home for a family of two or a family of six, new homes will provide you with more features and better prices. If you think you can’t afford a mortgage on a new home, think again.
What do you think it would cost you as the buyer if you had to put on a new roof the first time it rained? Even if it was just a repair on your roof, it would still cost you more than your inspection. The simple truth is that having a home inspectors syracuse ny on the house that you are about to purchase is a very smart and wise decision. Find out up front how much this house is really going to cost you before you purchase it. There may be things that you do not want to repair yourself after it is yours and there may be things that need to be repaired that you are not expecting.
In an effort to boost economic recovery, the Department of Veterans Affairs adjusted the maximum $0 down loan limit to allow home purchasers to borrow more money than what was previously guaranteed. The loan limit for San Diego has been increased to an all time high. This means more buyers can borrow more money to purchase property. The San Diego $0 down loan limit was increased to $537,500 and still allows home buyers a $0 buyer paid closing costs option.
Don’t be scared off by a short sale property as they may turn out to be a great deal for you. But you should know a few things before deciding to make a short sale purchase.
Re-Arrange It Hopefully you have edited some of your furniture and put it in storage. Now it’s time to move things around. When people are viewing your house, they are going to need space to move around, so think about paths and arteries around the rooms. Move a clunky club chair up to the master bedroom. For some reason people like to see different kinds of furniture other than a bed in the bedroom. Maybe because they think it gives them options. Also move your dining room table around, I bet right now it’s in the wrong spot, most people go long when they should go wide. And now that all your tchotkes are gone (they better be!), put out some flowers!
Bad roof. Many family homes have been around for a while and so the roof is damaged in one way or another. It may need new shingles or it could have cracked tiles. This is likely an expensive repair and one that you won’t get the current owner to pay for. This means you need to add the cost of repairing the roof to the total of the family home you’re looking at.
Make sure that the plumbing system of the house is in good condition. See to it that the water pipes have no leaks. Failing to check these things can lead to paying a higher water bill every month.