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We are looking to buy a new home for the first time. What should I keep my eyes open for as far as problems with the home? I dont want to buy something that I am going to have to put a lot of money into so I was wondering what I should watch out for.

2006-12-07 13:22:50 · 4 answers · asked by ♥♫♥ Crystal ♥♫♥ 4 in Business & Finance Renting & Real Estate

Let me add a few details, I have a home in mind to look at, Im approved for a loan and know my price range. My question is when Im looking at the home I am thinking about buying what problems with it should I be looking for?

2006-12-07 13:38:24 · update #1

4 answers

Make sure you have a home inspection done on the place you are buying. If they fail to detect a problem, they may help fix it later. Also, get an agent, and do not use the same one as the seller. Your agent should be looking out for you. The buyer is suppose to disclose any abnormalities or problems with the property, An agent can go over these with you, and negotiate money from the seller to fix any problems. Good Luck

2006-12-07 13:38:59 · answer #1 · answered by Ron B 3 · 2 0

Step 1: Defining What You Want
Step 2: Figuring Out What You Can Afford
Step 3: Shopping for Homes
Step 4: Making an Offer
Step 5: Inspection and Insurance
Step 6: The Final Closing

these are the basics. It's all up to you on what you want and where you're wiling to live.

2006-12-07 21:32:11 · answer #2 · answered by peg 5 · 0 0

Have your sales contract contingent on the Home Inspection. Be present at this inspection and follow the inspector the whole time. He will give you great information. From there, you can decide what you can live with and what must be fixed before you buy...

2006-12-08 10:16:22 · answer #3 · answered by Anonymous · 0 0

jncwhite You are on newspaper!
http://www.osoq.com/funstuff/extra/extra01.asp?strName=jncwhite

2006-12-07 21:36:28 · answer #4 · answered by elj g 1 · 0 1

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