Did you recently make a risky investment? Take a look at this article to learn about some of the ways you can propertly protect your real estate invesment! To read the full article, click the link at the bottom!
Buying a new home, especially in a competitive market where you need your money to go as far as it can, leads to some pretty nerve-racking internal calculations. In an ideal world you would shop for your ideal home and negotiate a mutually acceptable price. But when homes are disappearing within 24 hours, cresting far over their asking prices, you start looking at phrases like “unwarranted,” “needs TLC” and “buyer beware” as good things — because maybe, just maybe, these phrases will scare someone else off and allow you, the fearless homebuyer, an edge. To read the full article, click the link at the bottom!
Many home flippers are in a hurry to get their property back on the market in time to recoup their investment and make their profit, so they often skip the permits. Some homes have clearly benefited from knowledgeable, efficient contractors doing the work, but you can’t tell just from looking — and a home inspection is not a magic panacea, either.
So what are some of the ways to ensure the renovations to your home are up to code (or reasonably close)?
Invest in the right home inspector
Do your homework
Accompany the home inspector
Know your codes
Get a home warranty