Questions about buying a house

Yeah the demand is definitly higher than supply right now but houses for sale aren't scarce. You don't want a house without an inspection plan and simple. It isn't worth the risk. Especially if you are going to be near the line on what you're willing to pay. You don't want to turn around and find out the place needs a new roof in two months.

Also...on the subject of home warranties. They are usually worthless. Get a good inspection and pass on the home warranty in most cases. There's a reason they only cost a couple hundred bucks when the supposedly cover high expense items. They are hard to redeem and cover less than you think.

I agree that a home inspection is important but if the market is like the one we were in last year you may find that others will wave the inspection and will get the home you wanted. If you have a friend in construction that knows what to look for take them with you. Thats what we had to do because of the market we were in. Like I said earlier if your going to have an inspection do not use one a realtor recomends.

The realtor is not always the enemy. I know probably twenty of them (living in a resort, there are plenty of agencies). Most of them I would trust and intend to represent theeir clients as best they can. If they have roots in the area, it's in their best interest to make sure you are happy (and not complaining about their services).

You know Matty, If you wanted to move about 45 minutes East, I'll sell you my house cheap.

there may be a decent amount of sales for sale, but the good ones are gone in under a week, most of them above market without inspection... I would take a friend whos either a civil engineer or construction (design/oversight type) if you need to ditch inspection and know someone...

but i know my mother uses home inspectors that are good, not silent, cause if you move in and your roof breaks, she gets no referals from you, and that's just bad business.

there are some houses that stay on the market forever because of serious problems or people asking for too much money... the big thing is to know what the absolute max you're willing to spend at the start... cause if you decide to move up for a house after seeing it, it'll probably be gone by the time you get a new loan or work out a way to pay for it. oh yeah, try to avoid variable rate loans, they tendd to be backloaded and can end up costing you a ton of money in the end.

You know Matty, If you wanted to move about 45 minutes East, I'll sell you my house cheap.

45 minutes? You're about 4 hours away from me!

My bad, I thought you were in Rochester.

The realtor is not always the enemy. I know probably twenty of them (living in a resort, there are plenty of agencies). Most of them I would trust and intend to represent theeir clients as best they can. If they have roots in the area, it's in their best interest to make sure you are happy (and not complaining about their services).I did not intend to bash Realtors I just feel that if you want an inspection just hire one on your own.That inspector will be just working for you and not the person who provided the referal. That will take any chance of them letting stuff slide so they don't blow the closing. I'm not saying the realtor knows this is happening but it does go on so the realtor will keep sending them business.