Ever been bankrupt? Any credit difficulties? He'll advise you on what to expect for closing costs, including the big one, land transfer tax. From this basic information, he'll be able to calculate your gross and total debt service ratios to ensure your dream home won't turn into a nightmare.

GE TransportationNow in the rail industry, they have a metric called velocity. Velocity is the average miles per hour that a locomotive goes every day. The average locomotive goes 22 mph during the day. That's horrible, right? The difference between 23 and 22 for one Class I railroad is $250 million for earnings.

Your agent will have his favourite inspector, someone he trusts, to whom he'll refer you. The fee for this service is a small price to pay for peace of mind. A qualified inspector can usually discover latent (not clearly visible) mechanical, electrical or structural defects which could result in costly repairs.
However, the inclusion of a condition in this regard is not intended to allow you an escape for minor concerns, or if you've just changed your mind. After all, as a structure ages, the more maintenance and repair it'll require. So, don't expect a 30 year old house to be in the same condition as one built last year.

Maybe, they feared losing their jobs. Anyway, if they had, how would they have paid their rent? Same scenario, different circumstances.
MAKE THE DECISION - MAKE AN OFFER.
It's time to determine the terms of your offer. Since you're a client with your own agent protecting your interests, you'll have the advantage of professional guidance here. He'll be able to show you print-outs of comparable sold listings, provide you with a qualified opinion of value on which to establish your initial offer price, and discuss strategy.

Note taking, in writing or with a digital recorder, also helps. Some industrious buyers actually bring along a digital camera. However, some sellers might object to this as being too invasive of their privacy.
AUNT ETHYL AND UNCLE HARRY.
Your agent will be a valuable resource for you during viewings since they probably have tons of experience. They've likely viewed countless properties over the years, and obviously bring along an extra set of senses, and may see, smell or hear something you may miss.

That's going to be worth trillions of dollars in the economy and I think it