Buying a House in 2021

Buying a House in 2021 Home inspection or pre-inspection ?

Buying a House in 2021 with a Home Inspection is a through evaluation of the house you are buying and usually it’s performed prior to the signed purchase and sale. A pre-Inspection is not a home inspection at least not the conventional sense.

Pre Inspection

A pre-Inspection is quick walk through the property mostly visually looking at the same things but, without a report and generally takes about 30-60 mins. This is a type of Consulting and would not substitute a Home Inspection and nor is it recommended if you can have Home Inspection

Home Inspection or waving the home Inspection?

Buying a House in 2021, Some people are waving the Home Inspection and Bank Appraisal. Getting the home of their dreams is easier than you think. So, You wave the home inspection on the purchase & sale but, that doesn’t mean that you can not have a Home Inspection either, before the purchase or after the sale of the house. 

Waving the Home Inspection ?

Buying a House in 2021 The risk of waving the Home Inspection can be costly. I did a home inspection for a client a few months ago. The sellers did not allow a qualified home inspector to look at the property. Pre Offer inspection with no continences.

Hard Learned Lesson !!

Seller did not allow the home inspection, I did the home Inspection only after the sale was completed. This house had many issues to include the brick chimney is disconnecting from the house. Two walls of the house required rebuilding due to the amount of water damage.

Sellers Market or Buyers Market ?

Buying a House in 2021 This is a sellers market and it is going to last as long as the interest rates are low. People are willing to use the low interest rates to their benefit to buy the house of their dreams they can afford. Don’t let this crazy market get in the way of common sense. 

Location location ?

Many brokers talk about Location Location is the main factor for purchasing a home. 20 years ago that was true but, not now with the internet and cell service. Now many people able to work at home for the near future and, some of us for many years too come. I did a home inspection for a couple who works at home and there purchasing a home on a lake in western Massachusetts.

Mortgage rates ?

Mortgage rates are low now and the question is for how long will the rates stay low? Some predict the rates will stay lower until beginning to midyear 2022.