Audrey Scott
First-Time Home-buying Guide
25 October 2024 | 2 replies
The home buying process typically follows these key steps:Assess Your Finances: Review your credit score, savings, and determine how much you can afford for a down payment and monthly mortgage payments.Get Pre-Approved for a Loan: Work with a lender to get pre-approved, which gives you a clear budget and shows sellers you’re a serious buyer.Find a Real Estate Agent: Partner with an experienced agent who knows the local market and can guide you through the process.Search for Homes: Browse listings and visit properties that fit your criteria (location, size, price, etc.).Make an Offer: When you find a home you like, submit an offer through your agent, including contingencies (financing, inspections, etc.).Home Inspection & Appraisal: Once the offer is accepted, hire an inspector to ensure the home’s condition and the lender will order an appraisal to verify the property’s value.Secure Financing: Finalize your mortgage by submitting required documents and ensuring the lender clears you for closing.Closing: Sign the final paperwork, pay closing costs, and receive the keys to your new home!
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
But I wouldn’t skip the inspector!
Chris Berry
Section 8 tenant thoughts
24 October 2024 | 33 replies
Inspectors can be lazy louts who are just working toward retirement or they can be so picky they fail rentals for the smallest of issues, including dirty drip pans on the stoves and mildew around the tub.
Ashlee Castro
What would be your next steps after buying at auction?
24 October 2024 | 3 replies
- You may want to get a home inspector to tell you what needs to be addressed.How will you get any needed repairs done?
Carlos Lez
Tenant keeps harping about mold
23 October 2024 | 11 replies
Was previous water damage (looked ugly).Tenant was adamant.Gave tenant number to mold inspector.
Steve Dora
New in every aspect!
21 October 2024 | 9 replies
NEVER buy a property without a thorough inspection by a great inspector that you select and pay for.
Bryan Schwartz
Trusted vendor lists are gold as a RE investor...curious how people built theirs?
23 October 2024 | 13 replies
In this case, the vendor was a home inspector.
Sam Shikiar
Need Advice: How Is Everyone Finding Good Flip Deals These Days?
25 October 2024 | 16 replies
Everytime you talk to an agent ask who their home inspector is.
Angel Peng
Not looking to waive inspection but...
22 October 2024 | 4 replies
Inspections are very good for homeowner buying a primary residence because its a huge purchase in their life and they usually have little knowledge or experience, but many experiencedinvestors myself included feel confident that we will see most anything an inspector would.
Emmanuel Okelola
Starting out in central Florida
22 October 2024 | 7 replies
But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more.