Buying a home can be stressful at best. It often feels like a lot of things happen at once, it's hard to have all the ducks lined up and buy the home you really want. Therefore, thinking about a building inspection before purchase may not be the first thing on your mind. However, my advice to both new home buyers and seasoned investors is to get pre-approved financing as early as possible in the buying process and to make sure that any home you want to buy is covered by that financing. with a building inspection prior to purchase. The last thing you want is to fall in love with a house, put the time and energy into making an offer, and then lose it because you can't get the proper financing on time or because the house is not covered by your pre-approval. What is pre-approval? When we talk about "getting pre-approved", it is basically a guarantee from your bank that they will loan you money. There are two ways: initial pre-approval and specific pre-approval.

One of the life changing experience is buying your first home. After all, you have fallen in love with the house and it may be the biggest purchase you will ever make. That is why it is essential to inspect the home before closing the deal. To avoid costly inconvenience and make better informed investment decisions, consider these tips to avoid five common home inspection mistakes. 1. Circumventing a professional inspection "Complying with the codes" doesn't necessarily mean being acceptable. After you bid on a home and before closing, hire a professional home inspector to do an inspection and provide you with an inspection report in plenty of time for you to review it and ask questions and / or requests of the seller. If you are buying a newly built home, the inspector can help you determine if the builder economized or concealed poor construction. If you are buying an older home, the inspector can help you identify which of the home's systems, materials, and