Last month, we teamed up with our friends at Kiavi to host a webinar on how the inspection process affects real estate investors. Josh Jensen, Inspectify co-founder and CEO, explains how data from third-party inspections can be utilized to secure your investments, scale your holdings and increase your ROI – especially outside your core market. Skylar Raso, Feasibility Analyst for Kiavi, then describes how inspection reports directly affect the mortgages Kiavi issues to real estate investors.
The US economy is in a turbulent state, with inflation hitting 8.5% in March 2022 – the highest increase in 40 years. This increase is driven by supply chain problems and monetary policies. With high inflation, mortgage rates have also started rising, indicating that the economy may be overheating. On top of that, energy prices have surged by more than 34%, causing almost everyone to tighten their belts on utilities usage. But what does this mean for home buyers and sellers?
Buying and owning a home is one of the biggest investments you’ll make in your lifetime. With the median home price hitting $428,700 in Q1 2022, it's more important than ever to have your prospective home inspected before you commit to such an expensive purchase. An inspection can ensure the home is in good condition and devoid of defects or threats.
From consulting with your real estate agent and visiting multiple open houses to finally signing the paperwork, the entire process of buying your dream home can often seem long and daunting. While it might be tempting to cut some corners in order for your application to stand out from competing bidders, getting a home inspection is a step you shouldn’t skip.
After making a few (or a few dozen) offers, you’ve finally had a seller accept your offer. All has gone to plan - until your inspection report comes back showing a major issue. That begs the question... what comes next?
Home inspections are one of the most critical parts of buying a home. They make sure that when purchasing your dream home, you don't get stuck with unexpected repairs.
When it comes to purchasing a home, it may feel like there are a thousand hoops you need to jump through before getting to closing. We're here to make that just a little bit easier. Home inspections are a vital part of the home buying process - so picking the right inspector is something you don’t want to mess up.
If you are looking into getting a home inspection, that probably means you’ve just closed on a house. Congratulations! You’ve just taken a massive step toward becoming a homeowner, but the process isn't over just yet.