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AHIT trained and certified member NACHI
Illinois license no. 050.0001212

224 636 4422 | 847 996 3220

kris@martinspect.com       allison@martinspect.com

Home Inspection Tips

For Home Buyers, Sellers and Real Estate Professionals

The Three Biggest Mistakes Home Buyers Make

Mistake #1: Thinking you can’t afford it.

Today, buying the home of your dreams is easier than ever before. Many people who thought that buying the home they wanted was simply out of their reach are now enjoying a new lifestyle in their very own new home.

Buying a home is the smartest financial decision you will ever make. In fact, most American and Canadian home owners would be financially broke at retirement if it weren’t for one saving grace: the equity in their home. Furthermore, mortgage rates are more flexible today than ever and tax allowances favor home ownership.

Real estate values have always risen steadily. Of course there are peaks and valleys, but the long term trend is a consistent increase. This means that every month when you make a mortgage payment the amount that you owe on the home goes down and the value typically increases. This owe less-worth more situation is called equity build-up and is the reason you can’t afford not to buy.

Mistake #2: Not hiring a buyer’s agent to represent you.

Buying property is a complex and stressful task. In fact, it is often the biggest single investment you will make in your lifetime. At the same time, real estate transactions have become increasingly complicated. New technology, laws, procedures and competition from other buyers require buyer agents to perform at an ever-increasing level of professionalism. For many homebuyers, the process turns into a terrible, stressful ordeal. In addition, making the wrong decisions can end up costing you thousands of dollars. It does not have to be this way!

Work with a buyer’s agent who has a keen understanding of the real estate business and who is on your side. Buyer’s agents have a fiduciary duty to you. That means they are loyal to only you and are obligated to look out for your best interests. Buyer’s agents can help you find the best home, the best lender and the best inspector. Best of all, in most cases, the buyer’s agent is paid out of the seller’s commission, even though he/she works for you.

Mistake #3: Getting a cheap inspection.

Buying a home is probably the most expensive purchase you will ever make. This is no time to shop for a cheap inspection. The cost of a home inspection is very small relative to the home being inspected. The additional cost of hiring a certified inspector is almost insignificant. As a homebuyer, you have recently been crunching the numbers, negotiating offers, adding up closing costs, shopping for mortgages and trying to get the best deals. Do not stop now. Do not let your real estate agent, a patty-cake inspector or anyone else talk you into skimping here.
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NACHI front-ends its membership requirements. NACHI turns down more than half the inspectors who want to join because they can’t fulfill the membership requirements.

NACHI certified inspectors perform the best inspections by far. NACHI certified inspectors earn their fees many times over. Do yourself a favor... get the quality inspection you deserve.

Call Kristian Martin at 224/636-4422 or Allison Martin at 224/636-4433
to schedule an inspection or for more details on Martin Home Inspection Services, Inc.

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Courtesy of NACHI.  The National Association of Certified Home Inspectors is a non-profit organization helping home inspectors maintain inspection excellence through education and testing.


 


Comments

01/24/2016 9:38am

Thank you for sharing this post with us, I am working in Child Care Sales as a sales manager. Purchasing a new home is a big investment. Before investing your hard earned money in buying a house that you have dreamt of, it is important that you check every aspect of it. One of the most significant aspects is getting the entire home inspected before you sign any contract in the process of buying a house.

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02/12/2016 8:48pm

May I simply just say what a comfort to find someone who truly knows what they're discussing on the net. You definitely know how to bring a problem to light and make it important. More and more people must check this out and understand this side of the story. I was surprised you're not more popular because you most certainly have the gift.

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Many thanks for uploading this information. I simply intend to allow you understand that I simply look into your website as well as I discover it quite intriguing as well as useful.

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03/28/2016 7:57am

And the fourth is that they dont order a paper!

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06/07/2016 4:52am

Thanks for the diverse tips discussed on this blog site. I have realized that many insurance agencies offer clients generous deals if they prefer to insure many cars together. A significant volume of households include several cars these days, specially those with elderly teenage youngsters still living at home, along with the savings with policies could soon mount up. So it is good to look for a good deal.

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06/21/2016 3:14am

Hello me and my friend who works in childcaresales.com.au as business advisor, Purchasing a home that meets your essential present needs and is inside your financial plan is critical to home purchasing achievement. Your future needs and your needs can be considered, yet not to the detriment of the previous two focuses. Most first time home purchasers don't know that they will purchase numerous homes amid their lifetimes, and that is on account of our needs and our needs are continually evolving.

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07/22/2016 4:29am

I won't make these mistakes! Thanks!

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08/29/2016 5:56am

Hello me and my friend who works in childcaresales.com.au as business advisor,When it comes time to offer or assess your house, you're going to require a home examination to ensure that your house is in great condition. At the point when directing a preparatory assessment of your home, it could truly help you to have strong home review tips and a free home examination agenda.

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09/21/2016 4:34am

There are real advantages to constructing a home rather than buying one. With VA home loans for home construction available, veterans are free to have their homes built just the way they want it.

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02/13/2017 4:52am

How long will the investigation take? (The normal is one hour for every thousand square feet, yet this can fluctuate contingent upon the house and the individuals who are available.

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02/18/2017 5:33am

Thanks for sharing in detail. Your blog is an inspiration! Apart of really useful tips, it's just really ! This post will be effectively Just about everything looks good displayed.

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02/21/2017 7:17am

This text is worth everyone’s attention. How can I find out more? Really great news!!! this information is well worth looking everyone. Good tips.

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03/15/2017 9:53pm

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03/16/2017 3:13am

At the end of the day this is the reason arranging and research is vital so you wear t wind up spending unneccessarily on things you wear t require or will never utilize and will inevitably wind up at the back of some pantry never to be seen again.

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