by cfbi1 | Dec 19, 2013 | Home Inspection
If you are looking to take advantage of a foreclosed home then you need to be aware of just what might be lurking behind those closed doors. It could be virtually anything, so be prepared! Foreclosed homes can offer excellent value for money and some great properties can be picked up at a fraction of what their market price actually is.
However, there are a few points that need considering to ensure you make the right choice when looking at purchasing a foreclosed home for you. First, you need to consider hiring the services of a home inspection company. This is essential, unless you are an expert in structural, electrical, plumbing, roofing and foundation requirements, and know how to test for termites, mold, and radon gas, etc.
The results that come with a home inspection report will give you a clearer picture and understanding of the condition of the home you are looking at. The evaluation will ultimately determine your view on whether it’s a safe and worthy investment, or a waste of time and money.
Some properties may look sound from the outside, but could be crumbling away on the inside because of previous owner neglect. Which is why it’s important to get a trained, experienced expert’s review on any property you want to buy?
Another good point would be to get the history on the home you are looking to purchase. Reading a detailed report of the history of that house can give you a definite idea of maintenance repairs and upkeep.
When looking to buy a foreclosed home make sure you remove and replace all the locks on the house before moving in. It is often the case that foreclosed home operate on a master key, this means countless realtors and brokers will have a copy, or the previous owners have a key. Your safety is priority so get those locks changed and help protect your property.
by cfbi1 | Dec 18, 2013 | Home Inspection
Many professional home inspection companies are available for you to choose from and hire for their services. A standard home inspection should include the functionality and working condition of the air conditioner, plumbing, and heating systems, as well as, the structural condition of the inspected house. Home inspections are thorough and it needs to be completed to make certain of the safety for you and your family. Your family could be at risk if structural issues go undetected or ignored.
For many people buying a home is the largest financial investment they are likely to make in their lifetime. Therefore, it is essential that nasty surprises or troubling issues are highlighted and dealt with before closing on the sale of that home. It’s important as the buyer to understand and know as much as you possibly can about the home you are looking at before buying it.
A home inspection is a great way for customers to get an accurate evaluation on repairs that need done, building costs that need covered and possibly maintenance fees. A home inspection is a great way to give you peace of mind and assurance that the investment you are about to make is a sound one.
Having the completed inspection report means that you can present it to the seller of the home and this will allow room for negotiation, which could result in a reduced asking fee to allow you the funds to cover the repair costs and still be able to afford the house.
When hiring the services of a home inspection company, make sure you know what is included in the report and that you only hire the services of a professional company. A home inspection is an added fee, but it’s an added fee that you can’t afford to disregard.
by cfbi1 | Dec 17, 2013 | Home Inspection
There are some valuable tips to keep in mind to make sure you get the best value from your home appraisal. First you have to understand what an appraisal is and what it’s not. A home appraisal is very different from a home inspection service.
A home inspection service is a very thorough and detailed report of the current condition and possible future condition of the home you are looking to buy. A home inspection service is not compulsory or officially needed in the home buying process, an appraisal is.
A home inspection service will give you a very detailed picture overall of the property that you are looking to buy, it will take into consideration the plumbing, heating and electrical systems that are in the home and assess them in terms of how they are functioning and what their life span looks like.
An appraisal is standard and considered to be very important in the home buying process. The banks will only give the person looking for a loan the money they require based on the market value determined by the appraisal. The home will become collateral against the loan; the bank will want a report to be confident that the value of that loan is guaranteed against that house.
Buying a home can be stressful enough without any need for added pressure; it is the biggest single investment they will ever make. You need to be sure that the investment you are about to make is a sound one and the best decision for your family and your future. Make sure that you get an accurate appraisal with a correct valuation on the property,and then make sure to back up the information on the appraisal by contacting a professional home inspection company.
by cfbi1 | Dec 16, 2013 | Home Inspection
It can take months on end to finally choose the right home that you want to call your own. You need to make sure that you have the correct funding in place for the property that you are looking at and more importantly, you need your offer accepted. You can be forgiven if you think that this is the ‘whole’ of the process, but truth is before you start taping up those boxes and packing away your stuff, there is one more thing to think about. Consider the value of hiring a home inspection service to insure the home is in great condition.
A professional home inspection is the best way for you to make sure that the home you are looking to buy is the best decision that you can make for you and your family, in addition to a good financial investment. You need to know beyond any doubt the home you are purchasing is safe to live in and foundation secure.
A home inspection is a thorough investigation into your home, surrounding area, and the working components within the home itself. The inspector will go through in fine detail and include any issues of possible concerns about that home.
With the completed inspection report you can do a couple of things you can present this to the seller. The seller can then drop the original asking price of the home to allow the funds to get the repairs fixed. On the other hand, the seller may look to repair it him or herself and stay at the original negotiated contract. In some cases, it is important to check that the home is not listed and being sold As- Is because there will be no room for renegotiations in cost.
Keep in mind; the price of few hundred dollars for a quality home inspection service is nothing in comparison to the expense of unknown or hidden problems once you own the home.
by cfbi1 | Dec 13, 2013 | Home Inspection
In the home buying process it’s essential that you include the services of a home inspection company. It’s one of the only services that will ultimately give you the assurance over the home you eventually buy.
In some cases, the circumstances may require the need to have a specialist home inspection service. A specialized inspection service includes the home being tested for things such as mold, termite, and ant infestation, and the readings for radon gas. All these factors are very serious and can cause thousands of dollars in damage, not to mention it could cost you your life (radon gas) if not addressed at the right time.
Before you go ahead with the signing on your desired property, make sure you contact the local home inspection companies and enquire about hiring the services that they can provide. Remember to look for the most experienced and reputable company.
As the buyer, it’s good practice for you to hire the inspection as this will give you an unbiased evaluation of the property in question. If you are the seller, it helps to have an inspection before putting the house up for sale.
Then sifting through the many inspection companies out there make sure that you don’t try to cut costs and go for the cheapest services available. As with many things in life, the cheap option will only deliver the cheapest of results.
Many see a home inspection as an unnecessary extra fee to avoid or even worse ignore it completely. This couldn’t be further from the truth, as it’s one of the services that will tell you what to expect when buying a home.
Make sure that hiring a qualified home inspector is at a high-ranking spot your priorities list you have to buy a home.
by cfbi1 | Dec 12, 2013 | Home Inspection
The choice to hire a home inspection is available for any home buyer. A home inspection is a helpful aid in assisting the buyer to decide on whether or not to push ahead and close on the house. For those inexperienced in the home buying market, hiring a home inspector can be tedious, to say the least. However, break it down to this simple statement: Your decision regarding the purchase of the home relies solely on their findings. Therefore, it is crucial to the home buying process that you hire the most experienced inspector.
There are a few questions to keep in mind and ask at the time of hiring the home inspection company.
- Is the home inspector certified?
There are many home inspectors available, but not all of them are professionally accredited by the American Society of Home Inspectors. Qualified inspectors should be able to produce the credentials that you require of them. This will give you the assurance they are fully trained and qualified. Always ask to see certificates and ask for history list of clients and client testimonials.
- How long has the inspector been doing their job?
What you need to remember is that a newly qualified inspector is not “less” qualified than an inspector who has been around for a while. You need to be able to discern the individual’s skills and abilities.
- What exactly does the inspection cover?
You need to be sure that the inspection is meeting all the states standards; the inspector should be able to show examples of previous inspection reports. This will help give you peace of mind on what is actually checked.
- Is a home inspector your only job?
In some cases, some inspectors have been found to work as contractors, as well as, being a home inspector. This can cause conflict of interest and make their reports somewhat suspicious and suspect. Many states now have regulations and standards in place that make this practice illegal.
In summary, even though an inspection may not be required in the sale process, the choice to have one is not only smart it could save you money in the end.
