The following rules should help you avoid
potential problems while making your home buying experience an enjoyable and rewarding one.Read the purchase and sale agreement before you sign it. If anything is unclear in the agreement, ask questions until you are
satisfied.
As you view the inside of the house, look for evidence of water damage such as stains on the ceiling or walls. Check the basement area for evidence of water accumulation. Also check outside for water
running toward the house when it rains causing drainage problems.
Check out the neighborhood. There are several neighborhood conditions to consider, but you must be the "judge" and remember, location, location,
location!
Review the Seller's Property Disclosure. If the seller has checked any box on the Disclosure that indicates a past problem, you need to obtain as much information about it as possible.
Hire an inspector.
Your sales contract can be contingent upon a favorable inspection of all major systems of the home. Once you have obtained the names of at least two inspectors, call and ask about their experience. Read the inspection
report carefully and always consult your inspector if any areas of the report are questionable. You may decide you do not want to buy the home if there are major problems.
Have the property surveyed. You need to know
not only what you are buying, but also what encumbrances may be on the property. Even the seller may think he owns more property than he actually does.
Put verbal representations in the special stipulations section of
the sales contract. Anything the seller or Realtor tells you about the property that you consider significant or important, should be made part of the agreement.