When purchasing a foreclosure, it is to your benefit to hire an attorney. Complications can often arise during foreclosure or pre-foreclosure deals and it is also a good idea to have a legal representative that is looking out for your interests. Attorneys are expensive, but if something goes wrong, hiring one could save thousands of dollars.
It is important that you have a home inspection done before purchasing property. Home inspectors are trained professional who will thoroughly inspect every aspect of the property you are wanting to purchase. Using the services of a relative or friend will not give you future recourse if something goes seriously wrong.
A home’s square footage will be listed in a variety of documents. You can ask the homeowner to see documentation verifying square footage or bring a tape measure to measure rooms yourself to verify a home’s size. Take the time to verify that the square footage recorded in public records matches what the owner has referenced in the listing. The actual square footage and the footage on public record should stay no more than 100 feet of one another. When the two measurements are more drastic than that, you might want to rethink your decision to buy. At the very least, you must figure out why the discrepancy exists.
When looking to purchase a home, if you currently own a car or plan to buy one, confirm that there is ample parking available in the location you are considering. This will be very important if the house doesn’t have a driveway. Without adequate parking, you and your guests could be walking quite a distance to your house.
As you can now tell, buying real estate can be easier than it seems. It’s busy in terms of lots of research and question asking, but it’s well worth it at the end. Keeping the aforementioned advice in your mind, you are now more intelligent than ever in dealing with real estate matters.
For help with Summerland Key Real Estate contact Abby Oglesbee