First is Termites and Dry Rot – Termites are either above or below ground bugs that eat dead wood. I don’t need to go into the specifics of termites, but they are bad because they will turn your home into sawdust if left untreated. Dry Rot is a fungus that eats dead wood and turns it into very soft fibers that turn into sawdust. Get a termite report (also called a pest report), insist that all major problems be fixed before buying.
Next, get a home inspector performed. An inspector will check the structure and systems in your home. He may find things you are not aware of. It is better to find and repair these issues before the buyer’s inspector does.
A mortgage broker will also teach you the critical areas you need to watch in the sales contract. He may even provide you with blank contracts and other state mandatory disclosures required when you sell your home. Most brokers will even create your home flyer and more important, your financing options flyer. Perspective buyers want to know two things: how much will my payments be, and how much money do I need to pay down plus closing cost.
Don’t forget to inquire if the house has a clear title. You don’t want to make a scene when a group of people will be in your house one day asking you to pay for the liabilities the property incurred from the former owner. That’ll truly hurt you and your pocket, so you’d better be watchful during the transaction process.
Originating your loan through San Diego VA home loan centers has many inherent benefits. Among these is the opportunity for you to choose your lender and compare interest rates. Higher loan limits translates to increased buyer purchasing power.
Clean It Thoroughly! Have the windows cleaned inside and out. Potential buyers will look inside your fridge and make subconscious judgments if it s sticky and smells like old cheese. They will peek inside your closet so spray your shoes and put some scented reeds in the corner. They will also prowl inside your sanctuary, the furnace room, where you sneak cigarettes and talk to the spiders. Vacuum and dust, under and over and keep it that way during the selling process.
The more you know about a property, the more comfortable you will feel buying it. The homes for sale are not just sold as is. Rather, it is up to you to learn as much as you can about them, even before you see them. Of course, a home inspection after you make an offer is another good step to take. Yet, before you get to that point, you can learn a great deal about the property.