What to Know Before Buying a Home

The experts at the new show Sleep On It have compiled a list of helpful facts and figures that potential buyers should know before they hit the streets to look for a home.

Sleep On It : Episode HSLEP-201B -- More Projects » (Continued from Page 2)

  • Be sure to ask your realtor what fixes and furniture are being sold with the house. Questionable items should be itemized in the purchase contract.

  • Try flushing the toilets when house shopping. Chugging drains and running water could me plumbing problems.

  • Fixing a home's foundation can be one of the more expensive repairs, so be on the lookout for things like dampness in the basement.

  • To freshen up a musty basement, open the windows and wash the floors and walls with a solution of 3/4 cup bleach and one gallon of water.

  • Most homeowners tend to stay in their homes for about six years.

  • Buyers find their new home through an agent more than any other method.

  • Homes in good condition are more likely to get close to their asking price.

  • Most buyers will look for six months to a year before finding their dream home.

  • Only 15 percent of homebuyers remodel within the first two years of owning their home.

  • Four out of five homebuyers want a garage.
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