Save Money on Your New Home in Michigan
Save money with a home inspection by professional home inspector
Maybe it was that third child, or maybe you collect a lot of sporting goods equipment; either way, you have to admit that you’re out of room in your existing house. When your family is stretching the seams of your current residence, it’s time to start looking for a different place to live.
Being on the buyer’s side of the real estate market can be a lot of fun. You’re sure to spend time dreaming about the perfect house in the perfect neighborhood, and you’ll likely while away a few weekends wandering through Open Houses. Once you’ve settled on your new home, however, you can expect the work to begin. Make it easier on yourself by following these suggestions to save time, energy and money during the process.
Get Pre-Approved for a Mortgage
In Michigan cities like Birmingham, Troy, Rochester Hills, and Sterling Heights, the housing market is on an upswing. Getting pre-approved for a mortgage will help you save a considerable amount of time and energy when you’re shopping for a new home in Michigan, as sellers are more likely to work with you in a negotiation.
Once you have a dollar amount in mind, you can start shopping for a mortgage. Don’t be afraid to get quotes from several lenders, as credit reporting agencies view several inquiries for the same purchase as a single “new credit” request. Also, applying with a couple of different lenders gives you a better chance of snagging the lowest possible interest rate.
Consider the Home Inspection Cost
Your home inspection is a huge part of the buying process, and not an area where you want to skimp on the home inspection cost. Because the home inspection will turn up any potential problems in a new residence, you want to make sure you hire a professional inspector you can trust.
Turn to your Realtor or broker for a referral, and be sure to check if your home inspector is licensed, certified and experienced. Ask questions if you don’t understand anything in the home inspection report, and don’t be afraid to request more details about any problems that your home inspector identifies.
Another way to find a home inspector for your future home is to look up online. Here you can find even reviews about the home inspector, home inspections fees, licensing and certifications.
House inspection is a very important part in the real estate buying process. The house inspector will let you know what issues are with the house, ways to maintain and save money once you moved in. You should also receive a home inspection report that you can refer later on for any repairs.