Buying a house is a big deal. Most would say it's the largest investment of your life.
But to that, I'd say: For what purpose are you buying the house?
Answering that question is another article all on its own.
Either way, here's everything I wish I knew before I bought my first house.
Hopefully, you can take my experience and apply it to your home buying efforts to get the best results possible.
Never Skip A Home Inspection
I've talked about home inspections extensively on this blog for one reason.
Inspections are a vital step for anyone looking to purchase a new home.
Yes, they may be a little pricey. Inspections can range anywhere from $350 - $500.
Typically, I've paid $450 per inspection.
It sounds like a lot of money, but wouldn't you prefer to know if the home your buying might:
Only have a year's worth of life left for the roof?
Need all new electrical?
Have serious foundation issues?
Should you discover significant issues with a house after going under contract, you can either:
Request the sellers repair the issues
Back out of the deal
Or continue moving forward and accept responsibility for the house as-is.
Whatever you do, you should never skip a home inspection.
Never Trust The Seller
I'm not saying that sellers are liars here, although some may be.
But you never want to make a buying decision based purely on what the seller says.
Sometimes, they honestly may not know something or genuinely believe what they tell you through no fault of their own.