If I am in the process of purchasing a home and my status changes, i.e., loss job, hours etc., can I still purchase a home?
Contact your real estate agent immediately. They will advise you to contact the lender immediately. After careful review of your financial situation, the lender will make a determination if the loan can be properly funded.
Is it important to have a home inspection? If so, is it the seller’s obligation to correct any repairs that I ask for?
Answer: A home inspection is optional. However, LJH INFINITY Realtors strongly advises that each buyer get a home inspection. The home inspection is for the buyer. It serves as a instrument for how the house functions and it’s systems. The seller is under no obligation to do the repairs.
If an agent knows that a murder or death took place at a property that I am interested in, should the agent inform me?
Answer: This property is known as a stigmatized property. An agent is not obligated to tell a client about a property that is stigmatized. However, if the buyer asked ask the agent did a death/murder occur and the agent knows for a fact that this is true, then agent shall deal honestly with the buyer.
Once my home goes on the market, can I raise or lower the list price?
Answer: Yes, the seller in writing can make any price adjustments they deem necessary.