As you're getting your home ready for sale, you may want to do a prelisting inspection. You'll need to find a good home inspector when you sell your home. Visit ASHI's website and talk to people you know to find a trustworthy home inspector.
When you get a home via a quit claim deed and then have to move out of state for work you're faced with a decision. Should you sell the home you received through a quit claim deed or should you try to keep it as a rental property? The decision to be come a landlord or to sell a home depends on whether you have enough money to maintain the home or feel that you can find a good tenant. You should also take tax considerations into account.
No one should ever sign his or her name to a mortgage loan or any other legal document without understanding exactly what the document says and what the transaction is all about. Mortgage documents can run several dozen pages, but by initialing each page, you're certifying that you have read and understand what each page says.
In a slow housing market or real estate recession, you need to be careful with new construction. If you are already seeing warning signs like the developer has put construction on hold, or only a fraction of the development has been completed, you might want to rethink your purchase. If the builder is having problems, there are no guarantees that the plans for the neighborhood will ever come true.
A home inspector may have missed problems in this buyer's new home. While there are some great home inspectors, some are better than others. Because some home inspectors limit their exposure to problems in the home to the amount you pay for the home inspection, it's crucial to find the best home inspector in your area.
