It’s easy to get swept up in the excitement of buying a new home and forget to make the important decision to have a home inspection performed before you sign the contract.
Home inspections are an instrumental part of the home-buying process that can save you a lot of time and money in the long run.
Remember that a home appraisal and a home inspection are not the same thing. Appraisals will not provide you with a detailed look at a property that can help uncover deep-rooted problems and potential pitfalls.
Here are five great reasons to have a home inspection before you buy:
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The VA loan, intended to help military members secure a home, may inadvertently become a hindrance. The loan’s strict requirements, which are meant to protect the buyer, could make it difficult for service members to purchase a foreclosure.
Since the collapse of the housing market, foreclosed homes have become abundant. In many areas, they represent the best deal for future homeowners. Yet, for active and retired military members, there are unexpected obstacles.
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Search “Why use a mortgage broker?” on the Internet, and you’ll get a wide variety of opinions and testimonials ranging from the fanatically positive to the chillingly negative.
The role of mortgage brokers in encouraging the pace of the subprime explosion that felled the housing market led even more people to question their role in the home buying process.
Even so, whether you’re a veteran or a civilian looking for a mortgage, calling numerous financial institutions, waiting to get answers and trying to sort through the financial jargon contained in those answers can be trying.
So it’d be good to have someone working in your best interest who knows the market, knows you and can do the shopping around for you, right? Maybe. You’ll have to see what works best for you.
To that end, here’s a quick rundown on some of the good and the bad of mortgage brokers:
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