Don’t you love watching those home improvement and makeover shows on HGTV, Discovery Channel, and the like? They’re encouraging greater numbers of homeowners to plan and tackle their own Do It Yourself projects. As a matter of fact, more than 20 percent of improvement costs are related to Do It Yourself projects.
No one expects you to be able to appraise a home. It’s a professional’s responsibility to provide an independent estimate of either your current home’s value or the value of a home you are interested in purchasing.
All of us often turn to professionals when we need critical services performed or important guidance offered. Of course, the buying and selling of property is one such example, and the selection of a real estate agent should be pursued carefully with research and referrals from trusted friends.
Inspections are a part of most residential real estate transactions, but because they are so common, their role is often taken for granted or misunderstood. There are some important points you should think about before ordering an inspection on a home you’ve decided to purchase.
Property inspections are common in most real estate transactions, and are recommended even in the hottest markets. The question becomes what do you do when the inspector’s report comes back with items listed in need of repair. Whether you’re the buyer or seller, just keep a cool head and approach the repairs logically.