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The answer depends a lot on your tolerance level, but there are a few issues that real estate agents and home inspectors agree are total deal breakers. If you spot these, proceed with extreme caution.
What to look for in a home inspection: recognizing the deal breakers Home inspections can help you dodge bullets While most home inspections go off without a hitch, no home is perfect. What you do with the results depends on the findings and how you structure your home purchase agreement.
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If you do have a prelisting home inspection, what issues should you seriously consider fixing? There are a few problems that may show up on your list that are deal breakers to most buyers, and.
Don’t let student loans keep you from buying a home That said, once you’ve covered your employer match, it may make sense for you to buy a home or pay off high-interest student loans instead of investing more in your retirement account. That will depend on your income, tax bracket, investment returns and other personal factors.
Its pretty much a given that most real estate agents looks at the buyer’s home inspection as the last potential monkey-wrench to be thrown into their real estate deal. And, while wearing my home inspector hat, I’ve been in more than one conversation with an agent who feels compelled to remind me of the fact that home inspectors are "deal-breakers".
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What to look for in a home inspection: Recognizing the deal breakers. Extreme problems may kill the deal. The seller either can’t afford or is unwilling to fix the problem cosmetic issues may not matter much, but a crooked foundation, bad roof or toxic mold can ruin your homeownership experience and possibly your health and finances.
Home Inspections: Items That Aren’t Deal Breakers. By Whitney Bennett. After making an offer on a home, you’ll enter into a contract. Part of that contract should always include getting a home inspection. It is recommended that any homebuyer make an offer to purchase contingent upon a home inspection.