Imagine you've finally found the home of your dreams. It has the perfect location, a beautiful exterior, and charming interiors. But as the old saying goes, "Looks can be deceiving." What if that picture-perfect house hides lurking secrets, potential hazards, and costly repairs? This is where the power of a home inspection comes into play, and it's not something you want to overlook.
Welcome to the exciting world of home buying, where the search for your perfect abode begins. At EZ Home Search Real Estate Inc., we know that this journey can be a rollercoaster of emotions, from exhilaration to anxiety. And that's why we're here to talk about one of the most essential checkpoints in this exhilarating ride – the home inspection.
Why Home Inspections Are Important:
Now, you might be wondering, "What is a home inspection, and why is it so crucial?" A home inspection is like a backstage pass to your potential new home. It's your opportunity to see beyond the stage setting, to uncover the hidden aspects of the property.
Here's why it's absolutely indispensable:
Revealing Hidden Issues: Your dream home might be hiding unexpected nightmares. Think structural problems, plumbing woes, and even unwelcome guests (termites, anyone?). A home inspection reveals what your eyes might not see.
Safety Assurance: A house that seems cozy on the surface could have lurking dangers like faulty wiring or structural instability. A home inspection ensures your new haven is safe for your family.
Negotiating Leverage: Armed with the findings of a professional home inspector, you have the power to negotiate with the seller. In a previous video blog, we discussed negotiating the price. It’s important to keep in mind that in a real estate transaction, negotiations continue all the way through the closing. It’s one more reason why, whether you are buying a home, or selling a home, it’s important to hire a real estate professional who will advocate for your best interests.
Peace of Mind: Buying a home is a significant investment. A thorough inspection provides peace of mind, knowing you're making an informed decision, not an emotional one. It’s the chance to take off you excited cap and put on your logical cap and see just what you’re getting.
Long-Term Savings: Unearthed problems can be pricey but discovering them early through an inspection means you can budget for repairs and maintenance, saving you a fortune in the long run.
So, whether you're a first-time homebuyer or a seasoned real estate enthusiast, remember this: a home inspection is your secret weapon. It's the difference between a dream home and a potential disaster.
At EZ Home Search Real Estate Inc., we're your partners in finding the perfect home, and we strongly advise that you never skip the home inspection step. It's your shield, your assurance, and your key to unlocking worry-free homeownership.
Are you ready to embark on this journey? Get in touch with us today, and let's start the adventure of finding your dream home – one that's safe, sound, and ready to make your dreams come true. Don't delay; contact us now and take that first step toward your dream home.
Growing up, most of us imagined living in a home that we owned. A home that we could decorate to our perfection, and a place with a big enough backyard for the kids and dogs to run free in.
For many though, it is hard to take the leap and buy a home. That is why here at E Z Home Search Real Estate we want to give you a comprehensive buying guide so that you don’t feel alone when you start the search for your perfect home.
This is Part 1 is a series to guide you through the process. To start off our guide we’re going to give you the top reasons why you should buy a home.
Quality of Life-- No more loud neighbors stomping in the apartment above. No more leaky sink that you have to wait for the landlord to fix. No more restrictions on paint colors and candles. In your own home, you can get that leaky sink fixed by the end of the day. Or you can paint your bedroom a deep red and burn as many candles as you would like! The quality of your life when you own your very own home is improved.
Tax Deductions-- Buying a home gives you tax reductions for both mortgage interest and property taxes. Property taxes and qualified interest are deductible on an individual's federal income tax return. This means more of your hard earned money can stay in your pocket.
Make Money-- With the guidance of the right Real Estate Broker you have the potential to buy a home that you can get a return profit on in the future.
Capital Gain Treatment-- A homeowner can exclude up to $500,000 of capital gain tax if married and filing jointly or up to $250,000 if single or filing separately when you sell your home. The home must have been the taxpayer's principal resident for the previous two years.
The American Dream-- The love of your life making pancakes as you drink coffee on your back deck while watch the children laugh and play with the new puppy. Owning a home is the American Dream. It is what we have all been taught to reach for; it is the ultimate goal. And by working with us, we can make this dream a reality.
Leverage-- At the current interest rates, you can put your money to work somewhere else. These days you can still purchase a home for as little as 3.5% down.
Why Rent?-- When you can put your hard earned money towards something you own and can have forever, why are you still renting? And if we are talking numbers: The real cost of renting at $700 per month with 6% rental increase per year means you will pay $110,719 over 10 years. In ten years of renting you can practically pay off your house! It’s a no brainer!
Stay Tuned! In Part 2 of this series we’ll give you Five Important Tips to consider Before You Buy!
Over to You:
Are there more things you considered when buying your home? Comment below and let us know!
Author Profile:
Mariah Terry is passionate writer and blogger studying Journalism at Emerson College with a minor in Marketing. See her work at mariahjterry.wix.com/reblogs.
One thing is certain, you can't predict the future. So why are we predicting the future by calling a bottom? And what you we calling the bottom of? This bottom is quite easy to predict. It is home ownership rates. The rate of home ownership has been falling from nearly 70% during the housing boom to 63.9% in the 4th quarter of 2014.
Why are we calling a bottom? There are many reasons but there are two that stand out:
Don't Get Trapped
Don't get caught in the trap so many rents are currently in. If you are ready and willing to become a homeowner, find out if you are able. Contact a professional to determine if you are eligible for a mortgage. If you are not sure who to call we have local mortgage experts who will walk you through the process.
With easing of credit standards and new low to no money down programs you could be on your way out of the renters trap!Christopher Terry is a licensed real estate broker in Ma and RI, has completed the Accredited Buyer Representative Certification, is a graduate of the Certified Distressed Property Institute, holds the prestigious CDPE designation, is a 4-Time winner of the Master Sales Society's 5/50 Award and is the founder of EZ Home Search Real Estate Inc.