Protecting your interest in a home purchase

I know that everyone wants the best deal out there when buying a home. I also know that right now is suppose to be a buyers market. Here are somethings that just might help...

Banks don't like to negotiate they want your highest and best offer, like I mention before have your agent do a Comparative Market Analysis known has a CMA to make sure what homes of similar size in the area are selling for. Remember banks want to make their money back, but a keynote here is make sure that your contract has something in there saying that should the property not appraise that the price is reduced to the appraised value. This protects your money and helps insure that you don't end up owing more that the home with worth.

When buying a home make sure that you and your agent are doing all you can to protect the property you are buying. If the home is coming with appliances take pictures of them, write down the serial numbers to make sure those appliances you loved are staying with the home. Pictures and serial numbers will only help to prove those where what you where suppose to get.

In today's market a home inspection can be the greatest investment you can make into the home you have found. Not always are things what they appear to be. Just because the home looks good and the price is amazing could just mean that. A good home inspector checks many things that you might not check. In my past I have worked for new home builders in sales, construction and customer service and I have seen my share of bad ones but good ones are what you need in today's market and not so much on new homes, but on resale. I know we have all heard the horror stories on the news about homes being destroyed. I don't want that for anyone.

I hope you enjoy this and that it helps you along the way to home ownership.