Real Estate Investing Diet PPT

1. Real Estate Investing Diet Stewart, author of “The Real Estate InvestingDiet , ” advises potential buyers about other often-ignored “red flags” of home purchasing. During the pandemic, a lot of people were buying properties sight unseen, and they were skipping inspections,” he said. “Getting a home inspection is extremely important—even with brand-new housing developments. https://www.theepochtimes.com/experts-warn-homebuyers-of-red-flags-beyond-climbing-interest-rates_4770264.html?welcomeuser=2

2. Over the past two years, houses nationwide were going like hotcakes, with sellers often receiving tens or even hundreds of thousands of dollars over the asking price. Buyers often waived inspections and picked up some of the sellers’ costs in dire hopes of securing that coveted single-family home. While the landscape has now changed because of higher interest rates, many parts of the country are still seeing bidding wars, and home prices aren’t yet experiencing a sharp decline. With inventory still lower than normal, many buyers remain hungry for a piece of the American Dream.

4. Because new construction costs have skyrocketed, Stewart warns that some new developments may not be completed as expected. “There have been situations where people have purchased a home thinking the garage door would be arriving after they moved in, but it was never finished,” he said. “It’s worth the money to get the inspection so homeowners can have a full punch list of items to be completed before they close on the property.”