Buying a home and insurance

A home is likely the largest single investment you’ll make, and being a first-time buyer, you are probably overwhelmed with the cost, complexity and commitment you are about to make. So before you buy your first home, make sure you’ve done your homework. From thoroughly checking out the house to saving money, here’s a handy first-time home buyer checklist to help you on this very exciting journey. Don’t scrimp on the home inspection. You may hear that because a home was just built, it doesn’t need to have a home inspection, but this is not true. There may have been problems with the construction or other issues that you will want to know about when you’re in a position to negotiate with the seller or walk away, if necessary. Hire a trained, certified home inspector. Check out the comps. Know what else is for sale in the area to help inform your asking price. This includes checking for any foreclosures in the area. Since foreclosed homes usually cost less, you can use that information when you decide on the price you want to offer for the home. Know the time on the market. If a house just appeared, and there is a lot of demand in your area, be aware that you may need to make an offer quickly. If it’s been on the market for a long time, look at the price history. Your real estate agent can produce a pricing analysis as you consider making an offer. Ask how flexible the seller is on price. Checking first to see how flexible the seller is before you make an offer can avoid.  https://goo.gl/posts/EhuDr