Should I Have A Home Inspection On My Charlotte Home Purchase

Having a home inspection on your Charlotte home is probably the most important thing you can have done. There is a misconception I noticed lately with some of my buyers about whether they need to get a home inspection. There is never a reason for not getting a home inspection on your Charlotte home. The question comes up "but the house is bank owned or the seller is selling the home as-is; so why should I pay for a home inspection?" A lot of times you cannot notice things wrong with a house with the naked eye. Being a Realtor in the Charlotte market; I have looked at thousands of homes with buyers and sellers...And I do notice more now than before; but still miss a lot of things a home inspector notices. Even if you are purcsahing a home in the condition it is in and the seller will not do repairs; the home inspection is vital to the transaction. I think outside of the mortgage it is the next most important aspect of buying a house in Charlotte. Generally when you are purchasing a home you notice before you put an offer in if the home needs any cosmetic work and sometimes if it is in need of any repairs by visually seeing damage to the house. But what if there are repairs and work to be done to the house that you have not anticipated when making the offer? I had the perfect example of a house where from the naked eye it appeared to be in move in ready condition... however; after an extensive home inspection found issues with the house that were basically masked by the cosmetic work done to the house and never addressed the issue with the house...Without the home inspection my buyer could have spent upwards of $30,000 on repairs to the house that they were not anticipating when they put the offer in. Obviously, being bank owned we knew the bank was probably unaware of the extent of damage to the house; but without an inspection my buyers might have purchased a home that they would not have been able to afford to maintain.... In cases where the homeowner is not the bank; you have the right during the due diligence period to ask for the repairs to be done. if the seller and you cannot agree on the repair request then you have the right to walk away form the house purchase only losing your due diligence money. A small investment of money can lead give you peace of mind when you get the keys to your new home..... Dave diCecco Realtor/Broker www.davedicecco.com

Columbus Day And Being A Realtor In Charlotte, NC.

Today we celebrate Christopher Columbus day. A day that is recognized for when he discovered the new world. the actual day is October 12th but we celebrate it on the second Monday of October every year. I thought back as I was beginning to write this to my days in school (many years ago) and what we learned about him. He set sail for the new world with three ships. Unsure of what he was going to find he set sail... Later that year he discovered the New world Being A Realtor in the Charlotte, NC. market has had it's fair share of ups and downs (just as it has everywhere in the country). there are people out there telling us that the bottom has not fallen out of housing prices and it will get worse before it gets better. On the other hand is the people saying we have hit the bottom and have nowhere to go but up from here...And those in the middle that think this may be the new status quo. Much like Christopher Columbus had his detractors who said he was going to fall off the end of the earth; there were others who believed that maybe there was something out there.... Is the housing market an ideal situation? NO. But are you listening to the detractors who are saying it is getting worse or the ones that think maybe it is getting better and there is a new World out there and they can see it in the distance. Like Christopher Columbus everyday as a Realtor I am asked the question and there are detractors that say I am crazy and there are others that say okay maybe it is the right time to sell or buy..... With historic low interest rates and purchasing power at it's highest; how can you not think you can see the vision of Home ownership like Christopher Columbus did the new world?... On a daily basis i am showing prospective home buyers how they can purchase a home for the same or (in most cases) less than what they are paying in rent right now. So, like Christopher Columbus I have my detractors out there saying I will wait to it gets worse and others who see the new World and are realizing the dream of home ownership. Where are you? Dave diCecco Realtor/Broker www.davedicecco.com