Posted by Amanda Bruen on 5/22/2018

Getting a home inspection is usually built into the purchase contract for most real estate transactions. A home inspection contingency protects the buyer from getting any unwelcome surprises after they buy the home (think water damage or an HVAC system whose days are numbered).

In some cases, home inspections are the defining moment between a sale or moving on to other options.

In today’s post, we’re going to talk about the reasons you might want to get a home inspection whether you’re buying or selling a home.

Home inspections for buyers

There’s a reason most real estate contracts come with an inspection contingency. Expensive, impending repairs on a home can greatly affect how much you’re willing to offer on a home, or if you’re willing to make an offer at all.

Some buyers opt out of an inspection. This can be done for numerous reasons. The most common reason is that the buyer has a personal relationship with the seller and has faith that they are getting the full story when it comes to the state of the house. The other reason is that a buyer is trying to gain a competitive edge over the competition on a home, sweetening the deal by waiving the inspection and paving the way for a quick sale.

Both of these reasons have their flaws. For one, the seller might not even know the full extent of the repairs a home may need and an appraisal might not catch all of the issues with a home.

Another reason a buyer may waive an inspection contingency is because the seller claims to have recently had the home inspected. While this may be true, buyers should still opt to hire their own professional. This way, they can guarantee that the inspection was done by someone who is licensed and has their best interests in mind.

Home inspections for sellers

As we’ve seen, home inspections are typically designed to protect the interest of home buyers. However, sellers also stand to gain from ordering their own home inspection.

If you’re planning on selling within the next six months to a year, it will pay off to know exactly what issues the home currently has or will have in the near future. This will give you the chance to make repairs or address issues that could cause complications with your sale. You don’t want to be on your way to closing on an offer to suddenly realize you need to pay and arrange for a new roof.

So, whether you’re a buyer or seller, home inspections can be immensely beneficial to learn more about your home or the home you’re planning on buying. It will help you be prepared to make repairs if you’re a buyer. Or, if you’re a seller, you can make a plan to negotiate repairs with the seller based on the findings of the inspection.





Posted by Amanda Bruen on 5/15/2018

This Single-Family in Pelham, NH recently sold for $447,500. This Colonial style home was sold by Amanda Bruen - Cameron Prestige.


2 Scenic View Drive, Pelham, NH 03076

Single-Family

$449,900
Price
$447,500
Sale Price

8
Rooms
3
Beds
2/1
Full/Half Baths
Beautifully maintained and updated brick and granite front hip roof Colonial home situated on culdesac with 2.07 acres. Home boasts two story open foyer, large kitchen with granite counters and hard wood floors, 3 bedrooms, 2.5 baths, huge walk in master closet, walkout basement with a sprawling yard, two car garage, oversized back deck, irrigation system, beautiful gardens and landscaping. Wired for generator. Abuts conservation land with recreational trails. Located on the MA/NH border, minutes away from Rt 3. Perfect property for indoor and outside entertaining!

Similar Properties





Categories: Sold Homes  


Posted by Amanda Bruen on 5/15/2018

This Single-Family in Pelham, NH recently sold for $447,500. This Colonial style home was sold by Amanda Bruen - Cameron Prestige.


2 Scenic View Drive, Pelham, NH 03076

Single-Family

$449,900
Price
$447,500
Sale Price

3
Bedrooms
8
Rooms
2/1
Full/Half Baths
Beautifully maintained and updated brick and granite front hip roof Colonial home situated on culdesac with 2.07 acres. Home boasts two story open foyer, large kitchen with granite counters and hard wood floors, 3 bedrooms, 2.5 baths, huge walk in master closet, walkout basement with a sprawling yard, two car garage, oversized back deck, irrigation system, beautiful gardens and landscaping. Wired for generator. Abuts conservation land with recreational trails. Located on the MA/NH border, minutes away from Rt 3. Perfect property for indoor and outside entertaining!






Categories: Sold Homes  


Posted by Amanda Bruen on 5/15/2018

This Single-Family in Hudson, NH recently sold for $312,000. This Split Entry style home was sold by Amanda Bruen - Cameron Prestige.


15 Walnut St, Hudson, NH 03051

Single-Family

$309,900
Price
$312,000
Sale Price

7
Rooms
3
Beds
1
Baths
Welcome home to this immaculately maintained split entry home in a highly desired, easily accessible neighborhood in Hudson! Located on a dead end street, and steps away from conservation land with a pond as well. Spend your free time kayaking, canoeing, & fishing in the summer, or skating in the winter. Open concept kitchen/dining room w/ beautiful hardwood floors thru-out main level. Updated kitchen w/ granite countertops has all new stainless steel top of the line appliances. Lower level family room is a cozy retreat w/ newer top of the line wood stove for incredible heating efficiency. Recent updates include newly installed sprinkler system, new heating unit, newly paved driveway & walkways, updated LED dimmable, recessed lighting thru-out, newly painted walls & wood trim, fans w/ remote controls, & white-painted bricks w/ black wood-burning stove (tv hookup above newly installed wood mantle). Lower level laundry could easily add half or full bath. Don't miss out!

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Categories: Sold Homes  


Posted by Amanda Bruen on 5/15/2018

When you think of buying or selling a house, the first thing that comes to mind may not be the legal aspects associated with the process. You may want to reconsider this rather boring part of the process as an important one. Hiring a lawyer can help both buyers and sellers to get through many hurdles that buying a home can present. 


The Contracts


There will be many negotiations and a lot of back and forth throughout the process of buying a home. Everything that’s involved with buying a home needs a contract for it to be legally binding. A real estate attorney will negotiate on your behalf and be sure that the contracts adhere to all state and local laws. The lawyer will also help you to address issues that may affect the future of the property such as botched inspections, liens against the home, and other items that could affect you as the home buyer. 


Title Search


Real estate attorneys will perform what is called a title search. This allows them to see if there are any outstanding liens or judgements against the house. This title search will also make sure that the seller has the right to actually sell the property that’s being sold. An attorney can do all of this much quicker than the average person since they have working relationships with title companies.


Transfer Of Property


If a property is being transferred through a corporation, trust, or partnership, things can get complicated. It’s good to have an attorney who is used to working with these complex situations and understands the legal boundaries within the state or municipality   that the property is in.


If You Choose Not To Have A Real Estate Attorney


Many times, a real estate attorney isn’t required to buy a property. It is advisable to have one, however. Without an attorney you increase your chances of problems arising in the future. You run the risk of:


  • Being sued for failure to disclose information
  • An improper property transaction takes place
  • You could miss relevant facts about the property
  • Failing to file the correct documents at both the state an local levels
  • Deeds are not transferred
  • Building permits weren’t correctly filed


The Takeaway


Having a real estate lawyer on your side is important due to the complex nature of property transactions. While some states require that an attorney be present throughout your property transaction, many states do not have this stipulation. You are smart to hire a competent real estate attorney to protect your own interests as either a buyer or a seller.







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