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Old 01-14-2011, 10:37 PM   #14
TheProfessor
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Make sure you hire (not the bank one) an good home inspector that is being paid by you.

We have some excellent local builders here and some hacks. And some of the hacks can make a home really look good.

Check for signs of water in basement. This can be fixed most times but can be quite expensive to fix.

If possible view home in winter during cold weather. Check if ice forms on roof edges. Check age of shinges.

If you plan on having driveway plowed make sure you understand where all the snow is placed.

And don't take for granted that cable TV is offered everywhere - it is NOT.

Taxes can be a real hard expense.

If home is on hill expect to get some real good snow tires or 4 wheel/All wheel drive vehicle.

Hire yourself a good real estate attorney. Yes, the buyer should have an attorney. There are over 40 pages to sign at closing. Do you really know what you are signing?

And finally, the scam. This one was in the newspapers a few years back. The water well went dry. The seller was bringing in a tanker truck to fill the well while showing house. You got it. When all the papers were signed and new folks moved in - the well went dry. Yes, the new owners ultimately did get a new well - but the lawyers did profit from all of this.
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