Finance: Home Loans – Would You Buy a Home Without an Inspection?

Home Loans – Would You Buy a Home Without an Inspection?

Written by Charles Essmeier

Continued from page 1

The current housing market has brought about a lot of changes in traditional real estate rules. Buyers who want an “edge” over other bidders in markets where sales are brisk might offer to buy repparttar

home without an inspection. This might motivate repparttar 150558

owner to sell to them, rather than another buyer who might insist upon repparttar 150559

inspection. In short, these buyers are offering to take repparttar 150560

home on an as-is basis. Is there any benefit to this?

Most real estate experts agree that it is foolish to purchase a home without a prior inspection. While some problems can easily be seen by even repparttar 150561

most casual of browsers, others, such as termite infestation or a cracked foundation, might only be noticed by a professional inspector. These problems can cost tens of thousands of dollars to repair, and in some cases, might even render repparttar 150562

home legally uninhabitable. Anyone who offers to buy a home without an inspection is taking a serious risk, as they could find themselves repparttar 150563

owner of a home that he or she cannot afford to repair. There may not even be any benefit to buying without an inspection, as most homes in hot markets sell for more than repparttar 150564

asking price whether repparttar 150565

home is inspected or not. If you cannot inspect a home prior to purchase, it would probably be wise to pass and wait for another suitable property to come along.

©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a Website devoted to debt consolidation and credit counseling information and HomeEquityHelp.net, a site devoted to information on mortgages and home equity loans.

Moneynet warns credit rating at risk when consumers switch current account

Written by Rachel Lane

Continued from page 1

“But our view is that borrowers should examine their real reasons for switching accounts, and ask themselves whether it is worth trading customer loyalty with their existing provider for a leap into repparttar unknown,” said Moneynet chief executive Richard Brown.

http://www.moneynet.co.uk

* * * * * * * * * * * * * * * * * * * * * * * * Press enquiries Richard Brown, Moneynet Chief Executive, 020 8313 9030

Cathy Tully, David Andrews Media Ltd 01273 774109 cathy@davidandrewsmedia.co.uk

Consumer enquiries: info@moneynet.co.uk http://www.moneynet.co.uk

Editor's notes

Moneynet.co.uk is repparttar 150532 UK’s most established personal finance research and data website. The company offers consumers a wide range of low cost financial products: from mortgages and personal loans; to car, home and medical insurance; credit cards; savings accounts and best-buy fixed rate products. Moneynet.co.uk is an ethical, impartial and comprehensive source of consumer finance information, covering repparttar 150533 whole of repparttar 150534 personal finance sector.

Moneynet was founded in 1997 by Chief Executive Richard Brown to simplify repparttar 150535 personal finance market and provide consumers with impartial and interactive information on financial products and services.

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Bigmouthmedia is a search engine optimisation + search engine marketing agency, offering paid search (PPC), organic search + link strategy (online PR), as well as consultancy services in online brand protection.

Web: http://www.bigmouthmedia.com E-mail: rachel@bigmouthmedia.com Tel: 0845 130 0022

Moneynet was founded in 1997 by Chief Executive Richard Brown to simplify the personal finance market and provide consumers with impartial and interactive information on financial products and services.

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