A home inspection may be one of the best tools available to first time buyers. It provides you with more than just the okay to purchase the house. In fact, all owners of the property should be present for this walk through. It will not only provide you with information about the condition of the property, but also give you valuable advice about owning and maintaining it. Chances are good you do not know the previous owner, nor what the property has gone through during its lifetime. This type of walk through gives you that information.
The age of the roof and the length of life left in it – not only do you want to know where the potential leaks are, but also when you may need to replace it.
Negotiate for your chosen property. The addendum during negotiations: Make a reasonable, not a low ball offer. Try your luck by handing out an offer which is slightly lower than the seller’s price. (The stress is on “slightly lower”). Remember to consult with your real estate agent first when you’re about to negotiate or write an offer. Your representative is much knowledgeable than you with regard to houses and their current values in the market anyways.
Hire a professional; By interviewing and hiring a real estate professional will make the other steps go much smoother. Hire someone who will exclusively represent you, the buyer. They will “hold your hand” and guide you through the entire process. Be sure they are experienced and have some designations behind their name such as ABR (Accredited Buyer Representative) or CRS (Certified Residential Specialist). And best of all, this is a FREE service to YOU.
Third, plumbing leaks are especially bad in older Mobile Homes. The reason for this is because the floors are usually made of a pressed sawdust material. This is not a problem unless there is a leak somewhere. If there is a leak that is not fixed quickly, the flooring becomes soft and unstable. If sever enough, the floor could collapse. Again, a home inspection syracuse should reveal any plumbing leaks, make sure all are fixed AND that the flooring is in good shape before buying.
Learn how many times the home has been shown and for how long it has been for sale. If the number of showings seems high or it has been on the market for a long time, find out why. Perhaps there is a problem with the home that you don’t know about yet. Is there a feature flaw that is obvious to everybody else but you are overlooking?
It is important to learn as much as possible about real estate investing before you jump in. Take classes and spend time financially educating yourself. The first move toward any endeavor is preparation and training toward the task at hand.
Look carefully under trees where falling branches or jumping animals could have done damage. When the leaves fall off the trees in autumn, examine where the branches make contact with the home.