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Save Rent. Buy A Home With A Friend
Home and Family Author: Champia Inspector
Save Rent. Buy A Home With A Friend
Want to own a home but cannot qualify for a loan? You are not alone. Despite a struggling housing market, or perhaps because of it, more and more individuals are finding it impossible to qualify for a mortgage. If your friends are in the same boat, why not buy a home together? After all, with the high cost of rent, you are likely to have a mortgage payment with half the cost. However, it can lead to friendship troubles. Make sure you get an ironclad agreement before you sign any loan documents rather than any verbal agreements. Ensure you find a friend that is completely trustworthy.
 
Before making any proposals, insist on Atlanta home inspectors to verify the structural integrity of the home. This is particularly important when you are buying with a friend because it is difficult to pay for repairs. If you are willing to make a few repairs, use the home inspector’s report to predetermine who will pay for which repairs and when it will be completed. Alternatively, you could each agree to pay half of all repair bills. Whatever agreement you come to, do not rely on verbal commitments. It is highly advisable to put every agreement on paper. Friendship house buying becomes a business investment and it should be treated as you would a business deal.

If you are thinking about buying a home as-is, you might want to reconsider. As-is does not only release the seller from having to make repairs, it releases them from any liability about the home’s condition. That being said, as-is does not necessarily mean that the home has major issues. The only way to know for sure is to get a thorough inspection before signing any paperwork. So, trust a professional home inspection firm with certified Atlanta home inspectors to give you sound advice on your potential new home.

Depending on where you live, experienced Atlanta home inspectors will come to your home, do the inspection, and give you a point by point report of their findings. Atlanta home inspectors reporting results are usually delivered within 24 hours of the home inspection. They will also make recommendations on how to maintain your home to avoid major problems. A home inspection can give you true peace of mind when it comes time to put your home on the market.
Total Views: 182 | Approx word count : 411 | 11/02/2011
Authors Resource: Champia Real Estate Inspections has completed more than 15,000 successful Atlanta home inspector since its founding in 1987. Our expertise ranges from new homes and condos to restored historic properties. In addition, Champia inspectors cover both primary residences and investment properties. Our inspectors are American Society of Home Inspectors (ASHI) certified and are building-code certified by the International Construction Code (ICC). Visit our website or call 770-953-0767 to schedule a home inspection in the Atlanta, GA area.
Discover more about Atlanta home inspection and learn more about Atlanta home inspector by reading this article. You are sure to find what you are looking for about Atlanta real estate inspection .
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