USA Today reported that former Federal Reserve Chairman, Alan Greenspan, predicted that the “housing boom” is over. He said however, that there is no strong evidence that “…home prices will collapse.” He inferred that in the “frothy” markets it was too early to predict price declines. The new chairman, Ben Bernanke, additionally confirmed: “…it seems pretty clear now that the US housing market is cooling.” Finally, the government is also confirming what we have been reporting for more than 5 months now. The housing market has in fact slowed down and it will continue to slow down over the next 12 months. As a real estate attorney and Qualified Intermediary, I am actively involved with the real estate industry, so I hope I am wrong. But it really scares me when even Alan Greenspan agrees with me.
/Home Inspections … What Are They? /
Whenever you are looking to purchase a home, there are so many different things that you are going to want to take into consideration and the home inspection is one of them. In these few blogs that are coming up, we are going to go through the choosing process and we are going to make sure that you get yourself the right home and with the right inspection.
One of the first things that you want to make sure that you are doing whenever you choose a home inspector is that the home inspector is professional and that they are experienced. That is what is going to make sure that you get the right home and the best deal.
A good home inspector has testimonials to back up their work as well as a state license.