Matt Gamache - Touchstone Realty



Posted by Matt Gamache on 9/25/2019

It is always a beautiful and joyous feeling when you make an offer for a home, and the seller accepts it. However, you shouldn’t be in haste to pay the seller yet. Don’t be tempted to cut corners either by neglecting professional home inspection services all in a bid to reduce cost. Skipping home inspection should never be made because it will save you lots of headaches later on.

1. More Bargaining Power

A professional home inspection should reveal faults, or perhaps potential issues with the house. Knowledge gives you more bargaining power to ask for repairs or better yet, a reduction in the house price as compensation. But without such a professional inspection, you negotiate blindly, and when the deal is sealed, you find yourself paying additional money on things you know nothing of in the future.

2. For Safety

Here is another valid reason why you shouldn’t skip a home inspection no matter the reason. Getting an inspection on your home provides you with peace of mind. The home inspector will check the house for carbon monoxide, mold, and radon. If any of these toxic or harmful substances are present, that is enough reason to pull out of the deal.

3. Insurance

Most insurance companies require certificates like wind mitigation and four-point inspection before you can finally be insured. If home insurance is one of the things you plan to do, make sure a professional home inspection is done in other to get those necessary certificates.

4. Protecting the House

The core functions of a professional home inspector aren't only to discover faults, as many assume. They can also offer tips on how to keep the house safe. Having a report definitely will save you a lot of money in return.

5. Future Cost Forecast

Another excellent reason to not skip home inspection is the insights to the future. A good home inspector can determine how long the plumbing will last, and also, the duration of the heaters or coolers before they stop functioning. With this insight, you can plan and negotiate properly with your seller.

6. Illegal Additions or Installation

In every region, there are building codes and regulations to which homeowners must abide. Otherwise, it will have a drastically negative impact on insurance, taxes, usability and overall value of the house. Through home inspections, rooms, garages or basements completed illegally will be exposed.

The advantages of not skipping home inspection are tremendous. To save yourself from future headaches, spend on a professional home inspection today. There are lots of licensed home inspectors in your locality, hire one before closing that new house deal.




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Posted by Matt Gamache on 7/17/2019

Buying a home can be frustrating, time-consuming and tiring. It requires patience on your part as a buyer. There are process and procedures you need to go through after you decide to buy a house but before the ownership of a home becomes yours. 

Getting a house that you love and would meet all your demands can be quite tricky. However, getting one and thinking you are finally sorted, only to get rejected can be heart-breaking. Below are a few reasons why your offer for that beautiful property met a rejection:

You Can’t Afford The Purchase Price

Among all the reasons below, this is probably the most common of them. Getting a house and the seller is requesting for an amount above what you intend paying would make your offer rejected. Many sellers can be difficult especially when they think their homes are worth more than the offer you are placing on the table. Ask your agents how much such houses have been selling for on the market to minimize your chances of running into this problem.

A Better Offer Is on The Table

Homeowner wanting to sell their property will go for the highest bidder. It’s not uncommon for a seller to withdraw an offer for purchase already given because he or she got a better offer. A house that gets a lot of attention would attract more than a buyer. What you as the buyer can do (since you can’t tell how much other buyers are bidding) is to keep your price as close to the selling price as possible, this gives you enough room for competition. 

Time Frame Differs

Some sellers want the sale of the property concluded at a particular time. The seller of a property can reject your offer if you as the buyer cannot meet his time frame either because you do not have enough money yet or because of an unprocessed loan request. A seller can also reject your offer if you are trying to move in at a time that is not suitable or convenient. Inform your agent if you have a deadline to move into the new property and ask if it’s going to be possible.

Difficult And Unrealistic Sellers

Regardless of how good an offer might be, some sellers would still choose to be difficult. When looking to buy a property, you should expect to meet such sellers and come prepared for how to handle them, especially if they have a feature you would love to purchase. 

In conclusion, finding your dream home is a small part of the property buying process. Often, buyers go through many rejections before finally getting a letter of acceptance.




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