Buying First Home, Any Advice?

Home inspection first, and repair insurance for the first year.

Sorry thats called a home warranty.

That same house will be 15k soon. I’d wait if I were you.

Better off living in a van

Learn basic home maintenance skills now......It will make homeownership much easier than calling services....most home problems are minor.....

Why do you want to insult someone?
If you want to buy the house, bargain in good faith.
As a former Realtor, saw many sellers say GTFO to lowball offers and refuse to even deal with them. Even if they come back to you, they might just insult you back. Nothing like starting a business deal with someone you anger

You're buying a house in this market and at this time?

Just make sure your new house has a good basement . . . So you can cook.

I doubt it. They're going to print money like there's no tomorrow. All assets will rise. That's my feeling. No one has a crystal ball. If what you are saying is true, the prices would already be falling imo.

You are right, I was really just joking. But let's say the house is listed for $100,000. What is a realistic price to offer? $90,000? I've never bought anything that cost more than $5000 in my life (except my god damned student loans).

You are right, I was really just joking. But let's say the house is listed for $100,000. What is a realistic price to offer? $90,000? I've never bought anything that cost more than $5000 in my life (except my god damned student loans).

Do your research and find comps in the area.

Yes-low ball.Stay away from schools and water.

yer' full of shit

-Dont buy in city limits. You'll eventually get a city income tax.

-Home inspections are mostly formalities that will look at surface level things. Factor in age of roof, electric, plumbing, appliances.

-Don't buy in crammed neighborhood. Having neighbors 20ft away is too close.

- Water and mold are the worst things to find and fix. If its damp in the basement walk away. We fought dampness for 10 years, had new drains put in and entire house dug up. Kept fighting it. Found it was a small leak in a wall where previous owner put a rubber coupling to connect a drain, all behind the drywall.

- Always get subsidence rider on your home insurance. If your house caves in from a coal mine or the ground washes away, or sink hole. most insurance doesnt cover it. I worked a law firm once and saw people lose everything thinking they were protected.

Hire a sewer scoper to take a video of the inside of your sewer line going from your house to the city main sewer. See if there are problems with it.

If it needs a new roof or other repairs that u consider necessary I’d deduct those cost from the offer. If your more willing to lose it, lower your offer. Lots of properties by me are going close to asking price and market time is low and property is moving quickly. If its been on the market over 60 to 90 days the home owner would be more likely to accept a lower offer in most cases. This is about the time when motivated seller usually drop the price anyways. Good luck, owning a house is a ton of work but if your paying cash your way ahead of the game.

I wouldnt be buying anything right now except fixer uppers.

dont you know we about to have a civil war?

50k for a house? You don't even get a rundown shed in someone's backyard for that much over here...

$50,000??? What part of the world are you buying in? siberia?

Get a home inspection. Yeah, I know, they are glorified handymen. But that second set of eyes will at least give you an idea of what you are in for.

As-is, with right to inspect. It would be a done deal for me.

Don't do it.
Biden economy will crash.
Home will be worth less than you paid for it.
2008 all over again.

It is a terrible time to buy right now.

Don't listen to people like this. Just flipped a house and made $140K after the remodel. Housing is going through the roof. Unless you live in CA or NY.. The dems are pushing their voter out to red state.

MAKE SURE IT HAS FOUR WALLS AT LEAST!!!! I made this mistake once... Winter was hell.

Here’s some advice. Don’t ask GLP for advice

$50k ??
Wtf?
Is it a trailer in a trailer park?

not everyone lives in CA or NY dude, 50k can buy decent housing in areas that arent vastly overpriced due to wealthy fuckers raping everyone and massive immigration

Get a trailer. Then when you have to bugout you can take it with you.

Yeah.
Don't.