Our real estate expert is here to tell us what else we need to know about bouncing back after the flood or another major disaster while we are dealing with this housing market right now.
Well, I think that this whole situation were dealing with right now has brought up another reason why you want to find someone experienced that's in the real estate business and understands the whole picture here and the ramifications of not checking property out thoroughly.
I never will buy property without a thorough inspection. That's absolutely crucial. And also, given our current situation, there are sites that you can go to... to find out if a home has ever had an insurance claim on it.
What a lot of people don't realize is that if a home has had more than a few insurance claims on it, you, you can't even get insurance on that home, or it's very difficult, or it additional cost...so make sure you do your research before you buy a home.
The point is to find somebody experienced who understands how to get around these kind of issues and make sure you're not going to have any future problems because the truth of the matter is that once you've closed on that property, whatever problems are inherent with that property are now yours to deal with in the future when you decide to sell it.
So it's really important to make sure that property has been thoroughly examined by professionals before you ever close on it.
Alright, this is everything from the physical property itself plus the house
Well, I'm talking about the house primarily. That's what I'm referring to. When I say property, I'm talking about the house.
So the main thing to remember is that with the floods, or storms that have been going on the last couple years..you really want to do your research and make sure that the house your buying doesn't have a history that you don't want to take on. Remember you can find out a lot of information that will help you make a wise decision when buying a home.
At the same time educate the people that come by to look at your house if your selling it so they feel comfortable with buying your home. As life throughs different challenges our way those challenges will reflect in the real estate market, so look around and adjust to them so you can succeed.
My name is Monte Mohr. I am a Nashville Tn Real Estate Adviser and will be your guide in your real estate concerns.
Buying a piece of real estate is a goal that most people have. While you may or may not already understand the process, everyone can use a little good advice when it comes to the subject. Click here.