The real estate industry is full of scammers and unscrupulous real estate agents and builders. Therefore, as a home buyer, you need to be very careful when buying a home more so if it is your first time. Failure to taking the right precautions might cause you to make bad investment options and throwing your money in a money pit. What are these precautions that you need to be aware of when shopping for a house? Well, read more to find out.
When buying a house, be it new or used, you need to work closely with a trustworthy real estate agent. The real estate agent will help you find a property that matches your description and one that is within your financial abilities. Also, an agent comes in handy when it comes to advising on the value of the house. But to be sure you are receiving uncompromised advice, make sure that you are working with a real estate agent who is independent and not in any way related to the seller. This way, you can be sure they do not have a double interest, and so they will ensure you get only the best.
If you have found a home that suits your needs and is within your financial muscle, do not sign the dotted line quite yet. You need to have the house inspected. But why go for Bayside building inspections when it is an added expense? Well, overlooking building inspections will cost you a fortune in repair costs. In a nutshell, home inspections is all about checking the structural state of the building before making a purchase. The inspection report will show flaws that exist at the time of sale. If there are any structural problems, you can then decide what steps to take. For example, if pests have heavily infested the home, you can choose to keep off to avoid future problems. But if only a few flaws are present, you can decide to negotiate a better deal or ask the seller to do the repairs before you can sign the sale agreement.
As mentioned above, you should never overlook house inspections unless you do not care about your hard earned money. The cost of the inspection is just a negligible fraction of the total cost of the house. It is better to have the Bayside building inspections only to find no structural or pest infestation problems than to assume all is well and soon discover fundamental issues that will cost you thousands of dollars in repairs. Also, do not be deceived by a new house. Even the newly constructed homes may have flaws as the builder try to do shortcuts to maximise their profits. Inspections are for both new and pre-owned dwellings and buildings.