Posts Tagged ‘home inspection’

Common Problems Uncovered In Home Inspections

home inspections

“It’s also important to note that all houses, even brand new ones, will have issues show up…” Even a house that seems perfect may not be so when it comes to a home inspection, which is meant to discover potential problems with the home’s systems, appliances, and structure. “Depending on the age, location, and type…

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What Is Causing The Most Delays In Closing?

closing problems causing the most delays

Financing, home inspection, and appraisal issues … Watch out for financing, home inspection, and appraisal issues. These are the three most commonly cited culprits for delays or even terminations at closing lately, according to the REALTORS® Confidence Index Survey. These issues comprised more than a quarter of all the delays in contracts from the February…

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Problems Home Sellers Try to Hide, Lake Orion MI

How to spot the top problems home sellers try to hide, Lake Orion MI. Whether you’re a seasoned house hunter or a first-time buyer, the process of purchasing a home has plenty of pitfalls. And while you may assume that sellers are being upfront, it’s not uncommon for them to gloss over some of their…

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First Time Home Buyers, Tip #2, Finding A Home.

first time home buyer

This series, Finding A Home, is about looking at open houses, how to make an offer, concessions and appraisals. Tips from real estate brokers and mortgage lenders. 1)  What to look for at an open house 2)  How to make an offer on a house 3)  Buyer and seller concessions 4)  The role of a…

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Home Appraisal vs Home Inspection

Home appraisals and home inspections are sometimes confused. While they are both an important part of the home buying process, they ultimately serve two different purposes. Key Takeaways • Appraisals estimate the value of the home, taking into consideration factors like comparable sales of homes in the area • A home inspection looks at the…

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The Role Of A Home Inspector

Before you close on a home, a home inspector will conduct a review of the property to ensure safety, let you know what needs to be repaired or what will need to be replaced in the near future, and more. A home inspector is hired by the buyer, and examines the house thoroughly for non-functioning…

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Home Buying Costs You Need to Know About in Lapeer

home buying costs

Story from Craig Donofrio, 10 Home Buying Costs You Need to Know About, talks about first time buyers and their fees … If you’re a first-time home buyer, you might get a little queasy when the last line of your good-faith estimate comes in at several thousand dollars. And after the color returns to your face, you might…

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What is a Home Inspection?

metamora mi

What is a Home Inspection in Michigan? This is a part of our “What Is” series that discusses home inspections … Did you know, supposedly, the first known home inspection company, Home Equity Loss Protection Services, was originally founded by Christopher P. Nolan and Loyola Professor, Mark Goodfriend. Mr. Nolan was initially inspired by Coldwell Banker Realtor,…

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