One of the most common mistakes home buyers make is not getting a home inspection by a licensed professional engineer, according to the Midwest’s most trusted real estate and investment group, EXIT Realty Upper Midwest. Having a pre-closing home inspection can give you leverage at the bargaining table and save buyers from a bad investment; a professional appraisal can even convince the seller to make repairs as a part of the purchase agreement. In short, having a structure evaluated before purchase can save buyers money.

EXIT Realty Upper Midwest has been creating meaningful careers in real estate for years because of their love for bringing others into the industry and providing the best service possible. They excel in real estate agent investor training and hope these three tips will help you either in your home search or in your real estate career.

Tips for having a home or commercial property inspected:

• Ask For Disclosures: In some states, owners are required to disclose information about problems with the property. Oftentimes, though, owners don’t know about all the problems or withhold information from prospective buyers that may damage their sale. If the seller makes any disclosures to you, relay the information to the appraiser so they know to thoroughly investigate those areas.
• Attend The Inspection: The written report from the inspector isn’t enough to give you a clear picture of the property. You may not realize how serious a problem is or what to focus on without seeing it firsthand. If you go along with the inspector you can get her or his words directly and ask questions to get more information about your potential residential or commercial real estate property.
• New Structures Need Inspected, Too: Oftentimes buyers mistakenly assume that because a newly constructed property has passed local codes and ordinances, it doesn’t require inspection. This is absolutely false. Just because a house passed local codes doesn’t mean that the contractors or builders did everything to the quality standard appropriate for the seller's asking price.

Buying a home or business venue is a complicated process with many nuances first-time buyers and inexperienced agents can overlook. For more real estate advice, assistance, or to learn more about starting your real estate career, visit EXIT Realty Upper Midwest online or call (612) 414-4022 today.