The current recession has opened up a lot of property for sale in Mississippi for both investors and those looking to find a place to live. Any time you set out to buy a piece of property, a home or even a business you are going to be investing a lot of money even if you have to finance your purchase. With this in mind you need to make sure you know what you are buying before you enter into a contract to purchase. These simple tips can help save years of living in a home that has you tearing your hair out in frustration while your dream home turns into a nightmare.

One of the biggest problems facing buyers today is being in a hurry to make the purchase, especially for those who are looking to buy their first property for sale in Mississippi. For as many honest sellers as there are in the market, there are just as many if not more that take great pains to hide any defects, flaws and problems that exist with a property they are trying to sell. Many of them are good enough at it that an unsuspecting buyer will sign a contract, pay the bill and move in long before they find out that they have purchased a lemon.

There are steps you can take when you are looking at a property for sale in Mississippi that you are seriously considering buying that can prevent you from buying a home that turns out to be a nightmare come true. Start out at the county assessor’s office; they can help you with two things. First they can tell you whether or not the taxes on the property are up to date and secondly they can tell what the assessed value of the home is. This can help you to determine if the asking price is in the ballpark or not and possibly help to negotiate a better sales price.

Your next step should be to hire a private home inspection company. It is their job to examine the property for sale in Mississippi from top to bottom and front to back. They will present you with a report that covers everything from the state of the appliances to the age of the roof and whether or not there are signs of insects such as termites and ants. They will inspect the plumbing, the wiring, the attic and the basement or crawlspace to see if there is any evidence of structural damage that is going to leave you with costly repairs. All of these things can also be used to negotiate a better contract for sale.

You should never consider buying a property for sale in Mississippi until it has been given a clean bill of health by the inspector you have hired. Even though most realtors use their own inspection team, you should consider hiring your man or woman to make sure you are getting an unbiased opinion. While you can find hundreds of properties for sale at Mississippi Landsource, it falls on you the buyer to make sure that what you see is what you are buying. Once you have signed the contract you will find that in most cases all of the headaches that you find in your new home are your problem to deal with and no one else’s.

Author Bio: In 2000 Chuck and his wife Lindey developed a website called Mississippi-Landsource.com. The website was launched for uniting the real estate market in Land For Sale In Mississippi. In 2009 more sites were launched as sister sites for other states like Land For Sale In Louisiana and Land For Sale In Alabama.

Category: Real Estate
Keywords: farmland, mississippi, alabama, louisiana, first, south, farm, credit, land, financing