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Home Buyers Handbook

From: Ryan Hein Date: Buying the wrong home could cost you thousands of dollars and leave you with a property that is impossible to resell at a decent price. All across the country, you’ll hear shocking stories of couples who purchased their first home, only to discover that it wasn’t anything close to what they imagined. From massive infestations of termites and ants, to rotten floorboards, cracks in foundations, leaking roofs and incredibly dangerous wiring, if you aren’t careful when buying your first home, you could end up spending thousands of dollars in repairs, and still have miles to go in getting your "dream" home into the condition that you thought it was. Worse, you could end up with a property that carries tax leans, or additional costs that weren’t even your responsibility to pay in the first place! It’s no surprise that for many first time home buyers, purchasing that first property can be an overwhelming, daunting and outright terrifying task. They want to make the right decision and to end up with a property that exceeds its value, rather than a home that requires constant repairs, or ends up costing more than "real" value. And on top of all these concerns, there’s a massive responsibility on the shoulders of anyone who is looking to secure a property. There’s inspections to take care of, paperwork that needs to be filled out, and of course, you want to make sure that you cover all legal bases, cross your i’s and t’s and end up with the deal of a lifetime. Buying your first home should be a rewarding and exciting time in your life, and one that you look back on with fond memories. But this is a huge investment, and you need to be fully prepared and able to ask the right questions, in order to come out on top. Here are a few questions that you’ll want to think about.. Should you buy a new or older home? How can you choose the best realtor based on your needs? What type of financing is available to you? How can you save money by watching ‘market trends’? How should you place your first offer? These are just some of the many questions you’ll need to know the answers to if you really want to get the best deal possible, while saving money and eliminating risks. One of the greatest concerns of new home buyers is that they’ll make a , or they’ll end up with a property that requires extensive repairs or problems that need fixing. After all, buying a home is a life changing endeavor, and it’s not something that[…]
Home Buyers Handbook

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