Before you close on your future home, you need to have it inspected by an official home inspector. Here are the things that need to be checked.
Make sure to have the inspector look at the structure of the home. They should be searching for cracks or damage in the foundation, walls, ceilings, and floors.
The inspector should also take a look at the roof of the home. Their assessment will give you a good sense of when you will need to have it replaced.
Internal systems are another important part of the inspection. The inspector should assess the condition of the furnace, air conditioning system, and other appliances.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.