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In a seller’s market, it’s easy to overlook minor flaws and push through with an offer. Before you leave it all to the inspector to find, be sure you’ve completed as much due diligence as possible. Here are some of the most critical things to keep in mind and review before putting in an offer or signing closing papers. 

Money Matters 

There are a few tips concerning money when buying a home that is often overlooked. For starters, understand the difference between what you can afford and what the bank will allow you to do. Many new homeowners expect the bank to set reasonable limits but remember the bank doesn’t know what all your bills and spending habits may include. Therefore, create a budget to understand better what your actual limit is for your mortgage payment. Additionally, keep in mind your mortgage payment will include home insurance and property taxes.  

Rely on a Realtor 

When buyers try to complete buying a home without a real estate agent, things can go awry quickly. A realtor will be able to assist you every step of the way from home tours, submitting a fair offer, and keeping essential details in every step. Since sellers usually pay the commission fees on the sale of their home, it’s a no-brainer to have expert assistance.  

Scrutinize Important Details 

There are some details when viewing homes that are hard to ignore but are not necessary. Original shag carpeting, bright-colored walls, or weird wallpaper can be replaced over time and may help stay closer to the listing price.  

Some details to look closer at that matter are water-stained walls, ceilings, floors, or oddly placed furniture. Don’t be afraid to move furniture or tapestries. You won’t want to find holes or huge stains the day you move in. Then, look at is the attic space. It may smell stale but shouldn’t smell overly musty or moldy.  

If you’re looking at an older house, check the circuit breaker, be sure there is a primary breaker, and check for updated and grounded (3-prong) outlets. Then, with any house over ten years old, be sure to check that windows open, close, and lock without issues. Frequently, older windows can warp slightly, making them difficult to open, close, or lock securely. It’s also a good idea to ask about the roof’s age to be sure you won’t have to replace it shortly after moving in.  

Buying A Disaster-Free Home 

While there is rarely a perfect home, there are ways to ensure your home purchase isn’t a disaster. Start with knowing your purchase power and budget, and work with a real estate agent. Then, pay attention to your gut and the necessary details, always get an inspection, and don’t hesitate to walk away from a bad deal.