www.OwnACondo.com
20Oct/100

What to Expect in a Home Inspection

 Whenever you sign an agreement to purchase a home, you should always make sure to get a home inspection.  Most standard contracts have an inspection period that allows for you to back out of the contract if something major is wrong with the property. An inspection will help you determine what type of work needs to be done, if any. Most people know they need an inspection; however, they do not know what to expect from one.

Usually the first thing an inspector does is inspect the exterior of the home. They check the roof to determine what type of roof it is and also how old it is. They look at the windows and see what kind of windows they are. They examine the exterior to see how the home was built. They see whether or not the home is brick, vinyl or fibrous board. As they walk around the house, they see how the airflow is around the house between the vegetation, because vegetation brings moisture and if there is a lot of moisture this could cause wood rot and possibly mold. During a home inspection, they will also look at the hot water heaters and make sure they are running correctly.

The inside of the home is next on the list. Typically when inspecting the inside of a home, they will start with the kitchen. They will check the appliance by turning then on and making sure that everything is in working order and that it is not leaking, they will measure the temperatures of the refrigerator, stove and all appliances with their infrared thermometer. Most times they will open all the drawers and cabinets. They follow this procedure of checking the faucets and opening all drawers in cabinets in the bathroom. They check all the electrical and make sure that there is power.

The rule of thumb is that for every 1,000 square feet, the home inspection usually takes approximately 1 hour. After the inspection concludes, the inspector will provide the buyer or seller (whoever ordered the inspection) with the detailed report on the findings of the inspection. This report will help a buyer and seller determine what if anything needs to be repaired. If all goes well with the inspection, then the buyer has the ability to move forward with the contract. If repairs are needed, then typically the buyer can either negotiate the price to use the extra money to make the repairs or the seller can make the appropriate repairs and then the buyer can move forward with purchasing the home.

6Nov/09Off

Home Buying Tips

When purchasing a home, there are many things that you should “keep an eye out for” so to speak. This article will be helpful information in avoiding someone from purchasing a home that may be very expensive to repair down the road. There are some products in a home that could be very costly to replace and people should know about these items and have them inspected before they purchase.

The first thing to look out for when purchasing a home, is the siding on the home. There is siding out there that is not good quality and can be very expensive to replace if need be. Watch out for L.P (Louisiana Pacific) and OSB (Oriented Strand Board) products. They have received a lot of bad press in terms of their life span and reliability.  

The other thing to look out for would be the plumbing in the home. Certain systems are more prone to having certain problems than others. Galvanized water pipe is the most prone to rusting on the horizontal surfaces (floors) and it corrodes from the inside out. Some rigid plastic systems have been recalled, while others fared very well. Take the time to check the plumbing and see what plumbing system your potential home has.

The type of wiring in residential homes is important to check as well. Generally this depends on when the home was built, where it was built and if it has been updated. Look for the newer Romex-wrapped wiring, which is copper. This type of wiring has replaced outdated wiring and is a safer bet as well. It is always a good idea to speak to an electrician and/or inspector about the wiring in the home. A little homework today can save you a ton of money down the road.

Make sure that the home has Energy Efficient Windows. There are many types of windows including, single pane, double pane, thermo pane, triple pane, plain glass, leaded glass, low e glass, wired glass and tempered glass. Tempered glass windows are good against shattering. Fogged thermal pane windows may need to be replaced if their seals are broken, which again can be costly. The new argon gas filled windows are good for insulation and low energy bills.

There are many more factors to consider when purchasing a home, but these are just some of the more costly items that if in need of repair, can cost you. Purchasing homeowners insurance and understanding what that covers will help you avoid spending money out of pocket. Again, make sure to consult with a professional when purchasing a home because it can save a lot of money in the long run.