The Surprising Profile of the Real Estate InvestorOver 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors?Many have speculated that
Home Inspection What Happens From Start To Finish
Know What to Expect at Your Home Inspection
So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection.
This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or in some cases, to walk away. Your agent can advise you on the best course of action once the report is filed.
How to Choose an Inspector
Your agent will most likely have a short list of inspectors that they have worked with in the past that they can recommend to you. HGTV recommends that you consider the following five areas when choosing the right home inspector for you:
1. Qualifications – find out what’s included in your inspection and if the age or location of your home may warrant specific certifications or specialties.
2. Sample Reports – ask for a sample inspection report so you can review how thoroughly they will be inspecting your dream home. In most cases, the more detailed the report, the better.
3. References – do your homework – ask for phone numbers and names of past clients who you can call to ask about their experiences.
4. Memberships – Not all inspectors belong to a national or state association of home inspectors, and membership in one of these groups should not be the only way to evaluate your choice. Membership in one of these organizations often means that continued training and education are provided.
5. Errors & Omission Insurance – Find out what the liability of the inspector or inspection company is once the inspection is over. The inspector is only human, after all, and it is possible that they might have missed something they should have seen.
Ask your inspector if it’s okay for you to tag along during the inspection. That way they can point out anything that should be addressed or fixed.
Don’t be surprised to see your inspector climbing on the roof or crawling around in the attic and on the floors. The job of the inspector is to protect your investment and find any issues with the home, including but not limited to: the roof, plumbing, electrical components, appliances, heating & air conditioning systems, ventilation, windows, the fireplace and chimney, the foundation, and so much more!
They say, ‘ignorance is bliss,’ but not when investing your hard-earned money into a home of your own. Work with a professional who you can trust to give you the most information possible about your new home so that you can make the most educated decision about your purchase.
Did you know that we are here for you every step of the way.. Did you know we want to help you with every step of the transaction. WE not only help you with understanding what to expect during the process, but what you can do if a repair is needed, how to handle the steps, and how to move forward. Did you know even with a for sale by owner you will need the help of a trusted individual to help navigate the process.. WE want to help you .. so there are no surprises.
Ann Norton 330-412-9799
Josh Twitchell 330-412-7413
I am dedicated to you! I will give you a 100% all of the time day or night! I will get you the house you want for the price you want! I will sell your house and get it done quickly! I think outside th....
Latest Blog Posts
Americans Rank Real Estate Best Investment for 6 Years Running! Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the
The Cost of Waiting: Interest Rates Some Highlights: Interest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you