Posts tagged ‘mistake’

Hire the Right Inspector before Sealing the Deal on a Real Estate Home for Sale

By , 26 February, 2010, No Comment
Hire the Right Inspector before Sealing the Deal on a Real Estate Home for Sale

Before closing the deal on a real estate home for sale, staging a home inspection to know the home’s value and get acquainted with its shortcomings is de rigueur. But before contracting inspector du jour, make sure that he or she is indeed the real deal. Many states, New Mexico for instance, don’t have any requirement to being a home inspector. So to spare you from making the huge mistake of hiring a charlatan out to make easy money at your expense, follow these simple and easy tips.

1. State license is never enough; check for affiliations. 

Every state in the country issues licenses for home inspectors after training. But it begs the question: how extensive is the training? The answer: not extensive enough. It’s even possible that the training is so minimal that it becomes absolutely ineffective when evaluating a 

Avoid Top 10 Mistakes Made By Real Estate Investors

By , 26 February, 2010, No Comment
Avoid Top 10 Mistakes Made By Real Estate Investors

Real estate investment is perhaps one of the most lucrative forms of investment today. But it is also equally risk bound especially when one is not well versed with the trends and nuances of the real estate market. So if you are contemplating on investing in real estate, it is best to avoid costly mistakes in real estate investment especially when you invest your hard earned money into it. Knowing the most common mistakes made by real estate investors helps one steer away from making such mistakes in the future and ensures good return on investment.

Here are the top ten mistakes made by real estate investors, according to bankrate.com. Bankrate has put together the top ten mistakes after speaking to established, full-time real estate investors and other professionals involved in real estate investment such as bankers. Read on to know them and avoid them.

1. Not planning up ahead. Lack of a proper plan is the biggest mistake made by novice investors. Finding a house after forming a proper in