Did You Bring Your Home Inspection Checklist?

Posted: under Home Buying.
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Main Street East, street signage, downtown Ham...

Last time you went to look at a property did you bring your home inspection checklist?

You’re thinking you want a professional home inspector to inspect a home before you buy it, aren’t you?

Homer Buyer thought the same way.  He didn’t feel qualified to do a full home inspection and he wanted a professional opinion on the condition of the home.

When Homer was looking for properties he saw many that were interesting, but was having a hard time choosing one.  He kept looking at homes and after a while, he couldn’t really remember the details.

He thought, “Was the one on Main Street the one with the built in barbecue in the back yard?  Or was that the one on Elm?”

So Homer kept looking and then he came across one that really stood out from the rest.  It had everything that Homer wanted.  It had a beautiful master suite, a nice view of the valley, and magnificent landscaping around a pool in the back yard.

When the seller’s agent showed Homer the property, he was enchanted with the place.  He just had to have this house.  The agent noted how infatuated Homer was and told his client to hold out for more money.

Homer made an offer for the full list price.  The client had listed the property at market value as determined by comparable sales, but the agent advised him to ask for more.

The seller countered Homer’s offer with a price $10,000.00 higher.  Homer accepted the counter offer, afraid that he might lose the house if he countered with a lower price.

When Homer had the house inspected, he found out that the roof needed repair and the foundation was cracked.  Homer didn’t have any idea what the repairs would cost.

Following the advice of his real estate agent, Homer asked the seller for $11,000 repair credit, but the seller countered his offer with $3,500 repair credit.  Homer was almost ready to accept the deal, but  Read More

Comments (1) Feb 08 2009

Are You Looking At Houses Or Engagement Rings?

Posted: under Real Estate.
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NEW YORK - JULY 31:  A detailed shot of the He...

Are you ready to make a commitment? Looking at engagement rings? Or houses?

Homer Buyer made a commitment to himself to become a homeowner in the same year he made his commitment to his fiancée, Ivana Newhouse.

In early 2008 Homer was still in his final year of grad school.  He was already committed to buying a house when he graduated, but he felt that he would be missing something to make his house a home.

He had been dating Ivana Newhouse for almost a year and he wanted to share the rest of his life with her.

Homer spent a good part of January looking at engagement rings.  He wanted something perfect for his lovely Ivana.  He was so nervous that she might not accept a proposal.

Homer was usually pretty decisive, but he vacillated on what to buy Ivana.  Valentine’s Day was quickly approaching and Homer wanted to make it something special for her.

He had asked her what her ring size was, so he knew she was expecting a ring.  Still, he wanted to surprise her.

When Valentine’s Day came,Homer planned a nice dinner at Ivana’s favorite restaurant.  After they finished their dinner and were waiting for dessert, Homer pulled a ring out of his shirt pocket.  It was a plain silver ring with a heart shape.

Ivana looked slightly disappointed, but more curious about what was attached to the ring.

Read More

Comments (1) Feb 05 2009

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