Home Buying

Buying a home in today's market can be challenging, and high mortgage rates are not helping. This makes the average prospective home buyer feel left out of owning a home. There are small signs that this may be changing, with the housing market slowing and starting to favor the new home buyer. Unlike during the pandemic, when you could take advantage of low interest rates things are different as we come out the other side. The underlying reason for mortgage rate hikes is sometimes tied to increasing Federal Reserve interest rates. As the economy starts to rebound the hope is that mortgage rates start to decrease even more.

Many buyers head into the home inspection with the idea that afterward they will know everything about the home, but this is not a realistic expectation. Instead, you should keep in mind that home inspectors are professionals that look for specific indicators and are bound by a set rules regarding their findings. Although every buyer is understandably focused on what's in the report, in some ways it is just as important to understand what isn't covered as what is. Keep reading to learn about a few of the items that you shouldn't expect to be covered in the home inspection.

An open house is always exciting; after all, you're taking your first look at what could be your new home! Although it can be easy to overlook small defects when the house seems to otherwise fit your needs, some issues can indicate that much larger problems are lurking. Keep reading to learn about four open house red flags and what they could be hiding.