I’m looking for 3 bed 2 bath. Something around 200,000. I’m young I have about 10,000 saved. I want to apply for an fha loan. Any tips? Advice? How much more money do you think I will need? With the loan?
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sure : 1. have a quality certified house inspection - one found a buried oil tank at a house my buddy bought / cost the seller almost 12000.00 to fix per EPA , and we had a roof leak that cost almost 5000.00 to fix but was covered do to the inspection . Another friend did not bother to have an inspecting / later his dad was putting up shelves in the finished basement only to find the wall pushed in 4" / had to dig out and pull the walls back = 7000.00 dollars , later they had squirrels in the attic - holes under the rain gutters .
2. take your time to inspect the house yourself , fresh paint and rug can hide things . Dont be afraid to poke into things
3. age of furnace, water heater, AC and other appliances . Are they gas or elec?
4. Slope of yard for drainage, are there any easements , right of ways, free of leans / back taxes .
5. when you shut the doors is the space around them equal ?
6. radon test ?
best to find and download home buyers inspection lists can check office max etc they may have some . [image deleted]