What Questions Should You Be Asking When Buying a Home?
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In this video, I walk through my complete home buying questions checklist covering everything you need to ask and verify before closing on a property, whether you are buying as a homeowner or as an investor.
I explain what a seller's property condition disclosure is, why you need one even on off-market deals, and share a real story where skipping it led to a fifty thousand dollar sewer problem.
I also break down home inspections versus having your contractor check the major systems, what to look for in a preliminary title report, and why the wrong type of hazard insurance can leave you completely uncovered.
I share my own experience where an insurance claim was denied after a basement flood because I had a renter's policy instead of a vacant policy.
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Timestamps:
00:00 - Intro
00:38 - Owner-Occupied vs. Investment: Different Questions
00:55 - Seller's Property Condition Disclosure Explained
01:44 - What the Disclosure Actually Covers
02:39 - Real Story: The $50,000 Sewer Surprise
04:25 - Home Inspections: Your Best Insurance ($350-$550)
05:30 - The Contractor Mini-Inspection (Cheaper Alternative)
06:40 - Title Insurance and What to Look For
07:44 - Hazard Insurance: What You Must Know
08:27 - My Costly Mistake: The Flood That Wasn't Covered
09:52 - Vacant Policy vs. Renter's Policy Explained
10:44 - Full Checklist Recap
11:08 - Free Motivated Seller Sheet & Resources
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Disclaimer
Some names and specific details in this video have been changed or are composite examples created for educational purposes. Individual results vary based on market conditions, experience, deal quality, and other factors. Past performance does not guarantee future results. This content is for educational purposes only and should not be considered financial or investment advice.
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