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Contrary to what most people believe, a home inspection is composed of not just one inspection. Depending on the type of financing you choose, there should be at least two to three separate inspections on the home you want to purchase. Before you get a real professional to examine your house for you, conduct your own basic inspection. That counts as the first inspection. The second is to get a professional whole-house inspection by a home inspector with a good reputation. The third one is...

1. Are you licensed? Make sure your contractor is properly licensed. In your state, all contractors MUST be certified, or registered with the State. Anyone can say they are licensed. Make the contractor prove it by either showing you the license or giving you a copy of it. Remember to check the expiration date. Being licensed is the law. If a contractor can not produce a valid license, DO NOT HIRE HIM! If you have any questions or doubts, call the your State Dept. Of LLR. 2. Do you carry...

Mistake #1   They take TOO Long. Good deals don’t wait around for indecisive people. Many people “think a deal to death.” One way to lower your anxiety level with a deal is to move forward provisionally (i.e. with a clause of some sort.)   Mistake #2   They trust the seller’s numbers. Even if there are only good intentions, most sellers just aren’t knowledgeable, and they are inherently a bit biased.   Mistake #3   They trust...