Questions Every Buyer Should Ask
It seems as if there are millions of questions to
ask. When you're in the market
for a home, it seems as if there are millions of questions to ask -- and no doubt plenty more. As
buyers we become so wrapped up in the physical aspects of the house -- the rooms, amenities, and
structure -- that we give less attention to quiet issues which may strongly impact our ability to
enjoy a home.
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Make Sure All Systems Are Go
Make sure the house is in good condition to prevent headaches
down the road. Why inspect? You
are about to engage in a significant financial transaction, probably your biggest ever. You want
to make sure the house is in good condition to prevent headaches down the road. It could
potentially cost you thousands of dollars to replace or fix common system problem
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Radon: What to Know Before You Buy a Home
Put the radon test at the top of your inspection to-do list.
Radon, a colorless and odorless
decay product of uranium that occurs naturally in soil and rock, has been identified as a leading
cause of lung cancer in the United States. It causes 15,000 to 22,000 deaths a year. The only way
to know whether radon exists in elevated levels in your home is to test.
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What Was The Best Investment Of The Past Decade?
Home equity remains the cornerstone of most family
wealth.
Most Americans invest and earn more in their
homes than they invest and earn from their savings accounts, IRAs, stocks, bonds or other
investments.
During the past ten years, the average stockholder earned $23,000 in the stock market, while the
average homeowner earned $44,000 in home equity. Home equity remains the cornerstone of most
family wealth.
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Call to discuss your search for Maine real estate.
Put our years of experience to work for you.
Coastal Maine's Oceanfront Specialists
Exclusively Representing Real Estate
Buyers 800-293-4416
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Real Estate Creates Safe Haven For Your Money.
Real estate enables you to earn more in a regular stock
fund.
One of the biggest benefits
about real estate is that even in a bust market, you have options to make money on the
investment. In addition, real estate markets can stand separate from their counterparts in other
jurisdictions. When the stock market falls, it takes just about everybody with it. When home
values drop in Houston, it’s not going to take down other jurisdictions, as well.
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Home Owner Insurance Crisis To Worsen
Insurance premiums have risen 10 to 15 percent on a national
average.
A new study says despite recent rate increases
and underwriting actions to reduce the industry's exposure to growing numbers of moisture- and
catastrophe-related claims, the industry has yet to raise premiums high enough to offset the
industry's growing cost of capital.
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Call to discuss your search for Maine real estate.
Get your own personalized property portfolio.
Put our years of experience to work for you.
Coastal Maine's Oceanfront Specialists
Exclusively Representing Real Estate
Buyers 800-293-4416
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