Cheryl Zhao

Just found your dream house and are ready to become a home owner? Let’s see how you can make the entire home buying process easier: Don’t Let “First Time Buyer Jitters” Get You Down. If you have found the house that you want, now go for it! Don’t be afraid to make an offer. If you have done your homework and know that you are ready to buy, go ahead. It is very normal to get nervous the first time you buy a home but don’t let the “jitters” take over and keep you from buying a home that will appreciate through the years and give you and your family much pride and happiness. The Appraisal Appraising is somewhere between a science and an art. You can have several different appraisals and receive several different values. The real value of the house is what a buyer is willing to pay for it. In most cases, the buyer is paying for the appraisal, but you usually do not get to pick the appraiser who will do it. The bank usually has a list of approved appraisers and they will contact the one they like to use. Just remember, no matter how much they say the house is worth, it has to be the right one for you. Termite Inspections You have to have a “wood-destroying organism” report completed on the house. Do not accept a report that is more than 30 days old. This inspection will tell you if there is evidence of active infestation, previous infestation, damage from previous infestation, wood-destroying fungi, and/or damage from wood-destroying fungi. Make sure that you have a clause in your contract that requires the “wood-destroying organism” report to be clean or the seller will make the necessary treatment or repairs. Generally, the seller will […]