Get one with a spare room for me Oh, and see if there are any good jobs going for a bodyshop foreman while you're at it
Get one with a spare room for me Oh, and see if there are any good jobs going for a bodyshop foreman while you're at it
I'll sell you my house!
Teh One Who Knocks (07-09-2012)
Make sure you find a good home inspector.
Also I would like you to decline the interest write off you would now be allowed when doing your taxes, since you think its bullshit
Same here...I bought a this townhouse in 2001 in a really good neighborhood -- just outside a seaside resort town. I could easily rent it for $1,200 per month (next door's rent - identical place just the mirror image and it doesn't have a decent deck or remodelled bath like mine).
When you first get a mortgage, you look at your first 6 month statement and get all depressed. You are primarily paying off interest. But, after 3 years, it gets better and then at 10 years, the principle (part that is the actual value of the place) gets paid off more. And it gets better every year thereafter.
Nothing will beat the feeling when I had done the deal and I opened up the door to my townhouse. I layed on the empty floor and said "It's fuckin' MINE!" and cackled like I was a mad scientist
Talk to a mortgage broker and see what rate they can give you - when I renewed my mortgage 5 years in, I got 1% knocked off my renewal rate. (Get one that is free of charge for you - Don't pay a dime for this service -- that's a common scam - the banks pay the dude.) Brokers will also get you good rates for buying new houses as well.
If you can hone in on what you are looking for -- the "must haves" -- for me it was a Townhouse - I wanted semi-independence that Apartments didn't give and a little bit of ground to call my own, my own washer/dryer etc. So, I got this place after bidding on 3 others. It's kind of like buying a car, with all the same pitfalls and possible shysters out there -- but the pricetag is way higher!
I suggest when you make an offer you have a few "Subject" clauses. Those are "I'll buy it IF the house has/does the following" - like you say "has the Inglis Washer and dryer as shown to me, Serial # xxxx," and I recommend one subject for sure -- subject to home inspection. These guys can find stuff you can't.
Any questions along the way -- just ask and I'll do my best.
Signature created way-back-when by Goofy
Midnight_Beacon (09-05-2012)
Yes indeed....my sister bought a house 10 years ago and had to have her attic and roof done again. She had to pay to the tune of 14 grand. The original home inspector missed the fact that they didn't put vents into the top part of the house. Mold etc developed...
up here, even in that case...the home inspector can not be found liable. I think Mike Holmes and company are trying to change that law right now.