One of the most important things to do before buying real estate is to complete a thorough home inspection. This is a time that can be used to determine if the property is a good investment or not. But how do you properly inspect a home if you're new to the business? In addition to matching with a real estate agent and home inspector, our team at Brick & Barn Real Estate Group want to give you a few tips to help you inspect your next home. The following should be closely considered when buying any property:
- Be Inquisitive
- Be Present
- Take Photos
- Don't Neglect The Roof
- Develop Trust With The Inspector
Never be afraid to ask questions. After all, this is your money on the line. What may seem like a strange question in your mind could trigger something in the mind of a home inspector that could end up saving you thousands down the road.
You would be shocked at the number of people who don't attend a home inspection for a property they intend to buy. Instead, they rely solely on the opinion of the home inspector. While his or her opinion may be valid, it is crucial that you see what needs to be done in person before making any final decisions. This way, you're not blindsided by any unexpected tasks which need to be accomplished that would have caused you not to buy the property had you previously known about them.
Your memory may be great, but no one could possibly remember every little detail that is seen during a home inspection. That is why it is so important to take a number of photographs. Many little things in the home can add up to be a serious total bill at the end of the day. Having documented evidence of the deficiencies in a home can allow you to better organize your thoughts and decide whether or not this is a good investment. Plus, if you decide to go through with the sale, you'll have pictures you can use as a checklist when making repairs over time.
Don't Neglect The Roof
Buyers are often so focused on the inside of the house that they often neglect to look at the outside of the house, more specifically, the roof. Those cold and snowy winters, as well as the rainy summers in New England, can quickly take a toll on the roof of any property regardless of how well it was built. Replacing a roof is one of the more costly repairs that a real estate investor or homeowner must make which makes it imperative to know about prior to the initial investment. If it's discovered well after the sale, you may be left holding the very expensive bill to cover the repairs.
Develop Trust With The Inspector
In order to take the word of a home inspector, it is essential to build a trusting relationship with him or her. This relationship usually begins by being introduced to the inspector through a real estate agent. Real estate agents have been in the business for a very long time and know the home inspectors who know their stuff and the ones who are just looking to get paid. A good inspector can ultimately make or break your overall investment on a property. If just one thing goes unnoticed during an inspection, it can end up costing you tens of thousands of extra dollars unexpectedly in the future.
Buying real estate can be one of the best investments out there. In fact, it was the famous author Mark Twain who once said, "Buy land, they're not making it anymore". By knowing what to look for and common pitfalls that first time real estate investors often fall into, you can already be ahead of the curve. If you would like to know more about becoming a real estate investor in the New England area then be sure to visit the Brick & Barn Real Estate Group website. They will be able to provide you with a plethora of knowledge on the topic and be able to help get you started on the path to sustainable wealth.