SHOULD YOU HAVE A HOME INSPECTION BEFORE PLACING A BID?

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SHOULD YOU HAVE A HOME INSPECTION BEFORE PLACING A BID?

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Many of us think with our hearts when we’re searching for a new home, and often find ourselves falling in love with a place and believing we have to buy it at any cost. While there may indeed be a time and a place for making purchases on a whim or from the heart, buying a new home probably isn’t one of them – unless of course, money is no object and you can afford to buy a property that might backfire on you further down the line! – PowerPoint PPT presentation

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Title: SHOULD YOU HAVE A HOME INSPECTION BEFORE PLACING A BID?


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SHOULD YOU HAVE A HOME INSPECTION BEFORE PLACING
A BID?
2
  • Many of us think with our hearts when were
    searching for a new home, and often find
    ourselves falling in love with a place and
    believing we have to buy it at any cost. While
    there may indeed be a time and a place for making
    purchases on a whim or from the heart, buying a
    new home probably isnt one of them unless of
    course, money is no object and you can afford to
    buy a property that might backfire on you further
    down the line!
  • Lets face it, the home buying process is far
    from romantic, and when youre dealing with large
    sums of money possibly the largest amount
    youve ever had to deal with we need to replace
    our emotional responses to a property, with
    practical ones. When we allow ourselves to have a
    romantic vision of a home weve viewed, its easy
    to then ignore, or downplay any faults it might
    have faults which could prove costly in the
    future.

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  • So, how can you avoid letting your emotional
    responses to a property take over, and be sure
    that the decision you make to place a bid on a
    home, is a well guided and realistic one?
  • Home inspections a simple way to make a more
    informed decision
  • Did you know that when you place an offer on a
    property, you have the option to insert a home
    inspection clause? Hiring a professional,
    qualified home inspector to review the inner
    workings of a property and identify any potential
    issues, can help save you time, stress and money.

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  • What does a home inspector look for?
  • A home inspector will perform a detailed visual
    inspection of a propertys structure and
    components, to establish whether everything is in
    working order, or if there are any potential
    safety concerns. Paying special attention to the
    following areas in a property
  • Roof
  • Ventilation
  • Fireplace
  • Plumbing

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  • Electrical
  • Appliances
  • Exterior
  • HVAC
  • Structure
  • a home inspector will conduct themselves
    professionally and perform the assessment
    thoroughly, before producing a written report
    containing their findings.

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  • What should you be aware of when scheduling a
    home inspection?
  • Its important to remember that when it comes to
    home inspections, the cost of hiring an inspector
    to carry it out, may vary significantly according
    to the age of the property, its size and where
    its located. However, you should never try to
    save money by hiring someone who isnt fully
    qualified to carry out the assessment, since
    doing so could result in unidentified issues with
    your new home that may prove costly either
    immediately, or in the future.
  • Whether you experience a romantic epiphany when
    viewing a property, or are able to view it
    rationally and from an honest perspective, it
    always makes sense to have a property inspection
    carried out, if only for your peace of mind.

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  • Red Key Mortgage is located in Calgary, Alberta.
    We are a boutique brokerage with high volume
    serving hundreds of clients locally and
    nationwide every year. We have a number of
    associates dealing in mortgages as licensed by
    the Real Estate Council of Alberta. As a best
    mortgage broker in Calgary, Red Key Mortgage,
    will provide all of your available options from
    the entire mortgage market and allow you to make
    an educated decision where you'd like your
    mortgage to go. Red Key Mortgage works with big
    banks in Canada, as well as over a dozen other
    AAA lenders. Best of all, our services are paid
    for by the lenders at no additional cost to our
    clients. If you are looking for Calgary mortgage
    broker, contact us today! We can't wait to get
    started.
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