Thursday, September 11 2014
You’ve successfully located the home that fits your wish list! The listing agent says the home is in “great condition!” Financing is pretty much a done deal! Time to relax!
Er—maybe not just yet.
When you are buying a home, among the scores of thoughts that might be racing through your head (“Is this the best one for the money?” “Will everyone be comfortable in it?” “Will it be enough house over the long haul?”), one you definitely don’t need is “Will this house become a money pit?”
The home that looks perfect may well be exactly that—but if not, you certainly don’t want to find yourself pouring hard-earned dollars into repairs that become apparent only after you have signed. Surprises are fine for birthday parties, but to avoid the sort no home buyer needs, getting a professional property inspection is the most direct way to tell if there are any significant underlying issues.
To alleviate the worry, you should make any offer conditional on a home inspection…then order up a professional property inspection done by an experienced home inspector.
When a home inspector arrives at the property, he or she will invite you along on the tour. However, you don’t have to accompany the inspector to some of the less-accessible areas like the roof, attic and crawl spaces (unless you want to). The inspector will likely start outside, checking for any suspicious areas that may allow water to penetrate, then move indoors for a thorough investigation of each room in the house. As the inspection moves along, definitely feel free to ask questions as they crop up: after all, inspector works for you!
It’s important to remember that any property inspection is not 100% certain to uncover every possible defect: a home inspector, no matter how experienced, is not clairvoyant. But you will receive a thoroughgoing assessment of the potential likely problems with the home’s systems—as well as an opinion on the condition of the home. You may be able to renegotiate your offer should conditions warrant it.
Property inspection costs tend to differ depending on the size and condition of the home, and usually take anywhere from 2 to 6 hours to complete. Often, the verbal assessment made at the time will be very informative. Later, you’ll get the fuller detailed written report. If the inspection reveals a deal-breaking flaw, you will have saved yourself from a bad investment. Less commonly, more detailed property inspections could be in order—especially if you are also ordering sewer line, pool, fireplace or other specific inspections. Most inspectors offer discounted rates if subsequent inspections are in order.
Property inspections are not intended to offer warrantees or guarantees, but an experienced home inspection is the next best thing. It’s something most homebuyers find makes their purchase a lot less stressful. If you’re looking at buying a home in the Evansville area this fall, call me today to discuss the market. And once you find a likely new home, I can recommend several of our most experienced and reliable property inspectors. You can reach me on my cell phone at 812-499-9234 or email Rolando@RolandoTrentini.com
Thursday, September 05 2013
The advance home inspection process in Evansville plays a pivotal role to both seller and buyer. Correcting problems at an early stage increases a home's appeal — and its selling price. An advance inspection also sets the stage for a favorable final inspection report for the buyer (and the buyer’s lender), expediting a sale.
Yet according to home inspection experts, approximately half the homes on the resale market today have at least one significant defect! Advance knowledge of imperfections or malfunctioning systems in a property helps buyers commit if the house is a worthwhile buy. And knowing trouble spots in advance helps a seller set an attractive price.
Whether you are buying or selling, here are a few tips to help you have a trouble-free final inspection this fall:
Minimum scope for a home inspection in Evansville should include roof, plumbing, foundation, electrical wiring and central heating and/or air-conditioning. Except under special circumstances (those would include REO or estate sales), sellers are uniformly required to provide disclosure information about the property. Present these disclosures to your inspector, so he can double-check known issues first, and go over them with you during the inspection.
A pest control inspector is sometimes considered optional, but is really highly recommended. This inspector makes a specialized report for any areas infested with pests that could damage the home. Even if the home looks terrific and was recently serviced, underlying pest issues can be some of the most expensive to correct. They can derail a loan in no time.
Mold, asbestos, radon and other potentially harmful substances are not always included in a home inspection: they require a specialized license. If you are concerned about these elements, or live in a neighborhood where they are known to be a problem – consider adding additional inspections.
Knowledge is power when it comes to home inspections in town: the more you know in advance, the stronger your negotiating position will be. If you are preparing to buy or sell this fall, give me a call! I’m here to protect and advise my clients every step of the way. You can reach me on my cell phone 812-499-9234 or email Rolando@RolandoTrentini.com
Thursday, April 18 2013
David R. Leopold, owner of Pillar to Post Home Inspection in Fairfield County, Conn., says home sellers and their real estate professionals have an important role in preparing for a home inspection to help ensure it goes smoothly. Leopold offers up some of the following tips in a recent article in RISMedia, including:
1. Don’t hide what isn’t working: If an appliance isn’t working, leave a note that indicates what isn’t working and how you’re getting it fixed. Don’t try to conceal defects because it can make the inspector start to view you as dishonest and wonder what else you’re hiding.
2. Make things accessible: Ensure the location of the attic and crawlspace are identified and easy to access. Don’t make a home inspector move your belongings in order to gain access.
3. Check the lightbulbs: If a lightbulb isn’t working, the inspector will need to determine if the fixture is inoperable. Save them time by making sure all the lightbulbs in the home operate, including those in the crawlspace, attic, and furnace rooms.
4. Note septic systems: If you have a septic system in the yard, be sure to leave a sketch that includes the location of it. It’ll avoid home inspectors, buyers, and real estate professionals having to conduct prolonged searches for it, Leopold says.
5. Keep appliances clear: Don’t leave dirty laundry in the washing machine or dryer because the inspector will need to test the appliances, and he doesn’t want to have to pull out dirty clothes in front of everybody, Leopold says. “Also, make sure your oven and stovetop are clear and clean, so we can easily test them without setting off the smoke alarm,” he adds.
Source: “Ask the Experts: What Should Home Sellers Do to Prepare for a Home Inspection?” RISMedia (April 16, 2013)
Thursday, June 28 2012
When the time nears to sell your Evansville home, one extra bit of due diligence can pay off in the most meaningful way: helping you to get the best return on your investment. It’s not a requirement that every listing agent may suggest, but particularly if yours is an older home, it is one you should consider: ordering an advance inspection.
Ordering your own advance inspection, like the proverbial ‘stitch in time,’ can alert you to deferred maintenance items that might conk out just as you’re preparing a big showing. Things do have a remarkable tendency to cause trouble at the most inconvenient time. Even more likely, maintenance items that you have long accepted but which might sour a buyer will be spotlighted early. Curing them before your buyer insists upon it prevents receiving demands for overly extensive cures for simple problems. An Evansville listing agent who knows that a home that has already passed an inspection also knows that it is that much more likely to sail through closing. It becomes a marketing asset.
A home inspector will typically examine areas of your home such as the roof, HVAC, plumbing, electrical and structure. Some will even conduct radon and lead paint tests, and do a check of your crawlspace or attic. If you elect for a home inspection prior to listing your home for sale, you will be able to confirm that major elements of the home are in saleable working order -- and can market the property as such. What potential buyer doesn’t want to hear that when considering writing an offer?
But most important from a listing agent’s point of view is the ability to avoid surprises in escrow. Most listing agents will be quick to agree that the more things that go wrong in a home inspection, the more antsy a buyer can become about the wisdom of the purchase. Otherwise perfect home-to-buyer matches can be lost over minor hitches discovered at the last minute. If a list of even small problems is lengthy, it might seem daunting enough to derail a sale. And any repair becomes more costly if a rush job is required.
If you’re preparing to sell your Evansville home, talk to your listing agent about the appropriateness of an advance home inspection. Numerous professionals are available who can help you determine if your home is ready to sell. The National Association of Home Inspectors (NAHI) has over 1,500 members -- and I will be happy to offer trustworthy local referrals anytime. You can reach me on my cell phone at 812-499-9234.
Tuesday, October 18 2011
Inspect windows and doors regularly to stop air leaks and water seeps that create high energy and repair bills. We’ll show you how.
Take a look at windows, doors and skylights to stop air leaks, foil water drips, and detect the gaps and rot that let the outside in and the inside out. You can perform a quick check with a home air pressure test, or do a detailed inspection. Luckily, these inspections are easy to do. Here’s how to examine the barriers that should stand between you and the elements.
Big picture inspection
A home air pressure test sucks air into the house to reveal air leaks that increase your energy bills. To inspect windows and other openings:
Windows and the outside world
Air and water can seep into closed widows from gaps and rot in frames, deteriorating caulking, cracked glass, and closures that don’t fully close.
To stop air leaks, pinpoint window problems.
Brown stains on walls under a skylight are telltale signs that water is invading and air is escaping. Cut a small hole in the stained drywall to check for wetness, which would indicate rot, or gaps in the skylight.
To investigate skylight leaks, carefully climb on the roof and look for the following:
Wednesday, February 16 2011
This month I would like to discuss home inspections. These are an important part of virtually every real estate transaction. Unfortunately many buyers and sellers do not consider inspections before purchasing or selling a home. I always recommend home inspections for buyers. This is an opportunity for the buyer to hire a 3rd party professional to evaluate both structural and mechanical systems in a home before the transaction closes. When significant, unknown problems are discovered this gives the buyer an opportunity to ask the seller to make an allowance or repair defects in the home prior to closing. The inspection is not intended to sour a transaction because of minor, inexpensive defects. Too often I see buyers asking for a laundry list of minor repairs especially when considering an older home. Keep in mind that inspectors will, and should, point out items for the buyer's benefit that are not necessarily major defects but simply minor repair or maintenance items.
I try to remind sellers that most buyers will ask for an inspection. In many cases the inspection will uncover some legitimate defect(s). In these cases, it is often in the seller's best interest to make the repair because any known defects must legally be disclosed by both the seller and the Realtor. The next buyer will likely ask for the same repair.
As I hinted last month we have just relaunched FCTuckerEmge.com as well as an upgraded TuckerMobile.com for your web-enabled phone. The new sites are designed to make the customer experience as quick, easy and efficient as possible. TuckerMobile is the only local GPS enabled site and also allows the customer to search easily. Please try both I know you will be happy with the experience.
I will be back next month with more helpful information and we will be one month closer to warm weather. Feel free to call or email me at 812-499-9234 or Rolando@TheTrentiniTeam.com if you have any questions regarding real estate or home inspections.