What Should I Look For When I Want To Purchase An

You should be on the look out for any major problems which may cause you significant problems and money later on down the line! It?s a good idea to do your homework when you?re looking to purchase an existing home or any home you may be considering. You want to know what you should be looking for? Well consider some of these tips and information while you?re shopping for an existing home:

1) Consider having a home inspection done on the property you?re thinking about purchasing. This is very important! By having a home inspection, you will be provided with valuable information about the condition of the home you want to purchase by an independent expert. You can find a certified home inspector via the American Society of Home Inspectors(ASHI) www.ashi.org. You?ll be glad that you hired an independent inspector to go over the home you may want to purchase. It may save you major headaches in the long run! Make sure to make the home inspection a contingency of the prospective purchase agreement of the home you?re considering.

2) Look at the price the existing home is being sold for. In most cases you?re able to get a better price for an existing home than you would for a new one. The existing home is usually in a neighborhood which is already established. In addition, the home will probably have upgrades already done. If you have children, schools are usually already established for the neighborhood that you may be planning to live in.

3) Try to steer away from existing homes which have some form of preexisting structural and roof damage. If you don?t, this could cost you thousands of dollars in the long run!

4) If you decide to purchase an exiting home, you may want to establish a home maintenance account for any potential repair problems in the future.

5) Make sure you check out the landscaping of the home which of course includes the lawn, plants, flowers, bushes and trees! If there is a potential problem with the landscaping, you can put in your contingency agreement that this problem must be corrected by the seller, prior to you purchasing the home. This could save you money in the long run.

6) Research and investigate any easements on the property you?re planning on purchasing. You want to make sure if there are any easements, that this will not create a problem for you in the long run.

7) Purchase title insurance! This will protect you from any potential problems that may come up about the legal owner of the property that you have purchased.

The purchase of an existing home can be a good thing if you do your homework before and during your prospective purchase. There are some great deals on existing homes if you do your research. Just keep in mind some of the tips and information that you?ve learned, while you?re planning to make your purchase. You?ll be glad that you did.

Posted by Jason Wuertley on December 13, 2008 at 12:00 AM

About Jason Wuertley
Jason Wuertley is affliated with Goff Real Estate, which is located in Marion, IN. For further assistance please use the contact information located on the right.

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Local Information for Marion, IN

Latitude: 40.54914 -- Longitude: -85.664681

ZIP Codes for Marion, Indiana	46952 46953
Area Code for Marion, Indiana	765
Time zone for Marion, Indiana	EST/ NDST

Other Area Cities: Marion, IN Gas City, IN

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Marion is a city in Grant County, Indiana, United States. The population was 31,320 at the 2000 census. The city is the county seat of Grant CountyGR6. It is named for Francis Marion, a Brigadier General from South Carolina in the American Revolutionary War. In December of 1812, just north of the current city of Marion, the Battle of the Mississinewa took place as an expeditionary force sent by William Henry Harrison against the Miami villages. This event today is annually reenacted by the current residents of Grant County and many reenactors and enthusiasts from different areas of the United States and Canada. One of Marion's darker moments in history was the last organized lynching in the American north. On August 7, 1930, an estimated 10,000 residents of Marion and surrounding areas gathered at the city jail. Inside were three young African-American men accused of raping a Caucasian woman and killing her boyfriend. -- Source: Wikipedia.com

Indiana 2000 Census Population Profile Map

	Marion	Indiana	United States
Population	31,320	6,080,485	281,421,906
Median age	36.3	35.2	35.3
Median age for Male	34.5	33.9	34
Median age for Female	38.1	36.5	36.5
Households	12,462	2,336,306	105,480,101
Household population	28,689	5,902,331	273,643,273
Average household size	2.3	2.53	2.59
Families	7,632	1,602,501	71,787,347
Average family size	2.91	3.05	3.14
Housing units	13,820	2,532,319	115,904,641
Occupied units	12,462	2,336,306	105,480,101
Vacant units	1,358	196,013	10,424,540

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What Should I Look For When I Want To Purchase An

Local Information for Marion, IN

Latitude: 40.54914 -- Longitude: -85.664681

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