Michael Petruccelli asks; What are some things you should know if, it been a while since you last bought or sold a home? (3)

Michael Petruccelli says;  What are they looking for?

Inspectors are checking for any material defects, which are conditions that substantially affect the value of the house, habitability or safety of the house. This does not include decorative, stylistic, cosmetic, or aesthetic aspects of the home.

Michael Petruccelli asks; What are some things you should know if, it been a while since you last bought or sold a home? (2)

Michael Petruccelli says;  Why do they inspect my home?

It’s not to check out your favorite Tiffany lamp, or to critique your taste in carpet or china, either. Home inspections are simply an opportunity for the buyer to have a professional inspect the overall condition of the home.

Michael Petruccelli asks; What are some things you should know if, it been a while since you last bought or sold a home? (1)

Michael Petruccelli says;  If it has been a while, no problem! Some things have changes since you last listed or sold a home; but real estate-related services now available are new and exciting. Below are some of the things you can expect along the way regarding the most common real estate-relates home inspections and how they are conducted.

Michael Petruccelli asks; What are some reasons you shouldn’t co-sign that loan? (9)

Michael Petruccelli says;  Keep up with insurance

Don’t forget the insurance. If your friend totals the car and it’s uninsured, he probably won’t be able to cover the cost of repairs or replacement himself – and he may not feel like paying a loan for a car he can no longer use. Guess who that leaves on the hook?

Michael Petruccelli asks; What are some reasons you shouldn’t co-sign that loan? (8)

Michael Petruccelli says;  Monitor the payments

If you’re willing to co-sign a loan, then you need to be willing to babysit that loan. That means making sure the payments get paid on time every month: ask for proof. It’ll be a hassle, but you’ll protect your credit rating – and your money.

RE- Michael Petruccelli asks; What are some reasons you shouldn’t co-sign that loan? (7)

Michael Petruccelli says;  Ask for a key

You’re an owner of the car, so you should also have a key to it. Having a key will make it easier should you ever need to take possession of the car.