Real estate licensees strive to be real estate experts.
But when specific items require other expertise, such as how to take title to the property or what the tax consequences of the transaction might be, buyers should obtain qualified legal or tax counsel. This type of advice might appear costly at the outset, but it really provides a type of guarantee against problems arising in the future. Family, friends, or your real estate agent can often recommend competent professionals.

Inspecting Your Home Before You Buy
Before you close on your dream house, have it inspected. An inspection is a professional examination of the structure of the house and its systems. It may reveal structural defects, such as substandard plumbing or a leaky roof, or problems with radon, termites or lead–based paint. Your obligation to buy the house should be contingent upon the findings of the home inspection and your ability to secure a mortgage.

To find a qualified inspector in a new area, ask friends or business associates for recommendations. Your real estate agent may also be able to recommend several inspectors. Inspectors may also advertise online or in the Yellow Pages, but use these resources as a last resort. Housing inspectors are generally unregulated, and most states do not require them to be licensed.

The fee charged for an inspection varies from location to location. The size, age and features of the house also play a role in determining the price. Check prices with at least three reputable inspectors locally.

Now Relax...and Enjoy
You’ve plowed through the financial calculations and dealt with the myriad details that go along with buying a house. You’ve shopped for just the right home—with both your heart and your head. Now it’s time to sit back and enjoy your piece of the American dream. You’re a homeowner at last!