There are many forms that may be needed depending on the home and type of loan you will be getting. Its best to work with a licensed real estate professional as the seller does pay all real estate fees on the sale of the home. Best of luck to you.... more
I am assuming you have an up and down duplex in the area. I have a home I rent in the area which is 3 bedrooms and l bathroom. I receive $1099 for this home, single level. For a duplex you are probably looking around $950.00 per side because of the location. The best time to rent in the area is mid summer because all the students are looking for places to rent. Email me for more information as I deal with properties in that location, I also have a duplex further east.
This is exactly what the home inspection is supposed to do (uncover potential or existing problems). I take it you don't have an agent helping you or the question would have been directed to them versus this forum. You now need to send the Seller a list of objections stating these the defects and issues that were found (you can give them a copy of the inspection). They have the option of addressing the issues (fixing them or giving you some credit or lowering the price, or doing nothing at all. You can then figure out if this sweet home is really worth what you are paying. If it isn't, you can cancel the contract (as long as you are within the Evaluations & Inspection period.... more