Category Archives: Property Service

Services Offered By Pest Control Companies

When buying a house, you do everything just to find the best one. It should be safe, fits your budget, and accommodates you and your family’s needs. One safety concern that you should immediately check is if the house is free of pests. This is absolutely important if you want to live a healthy and comfortable life. You wouldn’t want your kids to be bitten by ants, or your house’s foundation to be infested with termites, right? To make sure that you’re not throwing away your money on a property that is pest infested, consider requesting for a building and pest inspection.

A pest inspection will help you determine if the house is a good investment. If you have chosen a property that sits in an area where pests are common, you’d have to do the inspection immediately. Beetles, silverfish, termites, ants, wasps, moths, fleas and the likes have no room in your new home so don’t even think twice about getting it checked. Should you be living alone, ensuring that your home is pest free is still a must especially if you plan to sell the property in the future. It will be a lot harder to get the house out of your hand if you have pests as houseguests.

Fortunately, there are many pest control companies offering different services so finding one will not be problem. Here are the most common services they offer:

1. Before purchase pest inspections are a kind of pest control service recommended for all people who plan to buy a house. This is done through contacting a member of the Pest Managers Association to do the inspection and declare whether the house is free from pests or not.

2. Protection for new homes and home extensions. In case the house you bought is declared pest free, you can still use this service to safeguard your furniture. Protect your couch, cabinets and armoires from destructive termites. The experts will apply a chemical to your furniture, and this will keep those unwanted critters away. Some of the usual methods they use are termite barriers and reticulation systems.

3. Termite pest control and others. If ever you have cockroaches, ants, beetles and other pests in your home, you can immediately contact a pest control company. They will identify what pests are present in your home and use a specific mix of solution for each.

If you are serious on buying a house, you need to put pest inspection in top consideration. Go and find the best pest control service and ensure a safer home for you and your family.

Home Inspections – A Question and Answer Guide

A home inspection is an evaluation of the visible and accessible systems and components of a home (plumbing, heating and cooling, electrical, structure, roof, etc.) and is intended to give the client (buyer, seller, or homeowner) a better understanding of the home’s general condition. Most often it is a buyer who requests an inspection of the home he or she is serious about purchasing. A home inspection delivers data so that decisions about the purchase can be confirmed or questioned, and can uncover serious and/or expensive to repair defects that the seller/owner may not be aware of. It is not an appraisal of the property’s value; nor does it address the cost of repairs. It does not guarantee that the home complies with local building codes or protect a client in the event an item inspected fails in the future. [Note: Warranties can be purchased to cover many items.] A home inspection should not be considered a “technically exhaustive” evaluation, but rather an evaluation of the property on the day it is inspected, taking into consideration normal wear and tear for the home’s age and location. A home inspection can also include, for extra fees, Radon gas testing, water testing, energy audits, pest inspections, pool inspections, and several other specific items that may be indigenous to the region of the country where the inspection takes place. Home inspections are also used (less often) by a seller before listing the property to see if there are any hidden problems that they are unaware of, and also by homeowners simply wishing to care for their homes, prevent surprises, and keep the home investment value as high as possible.

The important results to pay attention to in a home inspection are:

1. Major defects, such as large differential cracks in the foundation; structure out of level or plumb; decks not installed or supported properly, etc. These are items that are expensive to fix, which we classify as items requiring more than 2% of the purchase price to repair.

2. Things that could lead to major defects – a roof flashing leak that could get bigger, damaged downspouts that could cause backup and water intrusion, or a support beam that was not tied in to the structure properly.

3. Safety hazards, such as an exposed electrical wiring, lack of GFCI (Ground Fault Circuit Interrupters) in kitchens and bathrooms, lack of safety railing on decks more than 30 inches off the ground, etc.

Your inspector will advise you about what to do about these problems. He/she may recommend evaluation – and on serious issues most certainly will – by licensed or certified professionals who are specialists in the defect areas. For example, your inspector will recommend you call a licensed building engineer if they find sections of the home that are out of alignment, as this could indicate a serious structural deficiency.

Home Inspections are only done by a buyer after they sign a contract, right?

This is not true! As you will see when you read on, a home inspection can be used for interim inspections in new construction, as a maintenance tool by a current homeowner, a proactive technique by sellers to make their home more sellable, and by buyers wanting to determine the condition of the potential home.

Sellers, in particular, can benefit from getting a home inspection before listing the home. Here are just a few of the advantages for the seller:

· The seller knows the home! The home inspector will be able to get answers to his/her questions on the history of any problems they find.

· A home inspection will help the seller be more objective when it comes to setting a fair price on the home.

· The seller can take the report and make it into a marketing piece for the home.

· The seller will be alerted to any safety issues found in the home before they open it up for open house tours.

· The seller can make repairs leisurely instead being in a rush after the contract is signed.

Why should I get a home inspection?

Your new home has dozens of systems and over 10,000 parts – from heating and cooling to ventilation and appliances. When these systems and appliances work together, you experience comfort, energy savings, and durability. Weak links in the system, however, can produce assorted problems leading to a loss in value and shortened component life. Would you buy a used car without a qualified mechanic looking at it? Your home is far more complicated, and to have a thorough inspection that is documented in a report arms you with substantial information on which to make decisions.

Why can’t I do the inspection myself?

Most homebuyers lack the knowledge, skill, and objectivity needed to inspect a home themselves. By using the services of a professional home inspector, they gain a better understanding of the condition of the property; especially whether any items do not “function as intended” or “adversely affect the habitability of the dwelling” or “warrant further investigation” by a specialist. Remember that the home inspector is a generalist and is broadly trained in every home system.

Why can’t I ask a family member who is handy or who is a contractor to inspect my new home?

Although your nephew or aunt may be very skilled, he or she is not trained or experienced in professional home inspections and usually lacks the specialized test equipment and knowledge required for an inspection. Home inspection training and expertise represent a distinct, licensed profession that employs rigorous standards of practice. Most contractors and other trade professionals hire a professional home inspector to inspect their own homes when they themselves purchase a home!

What does a home inspection cost?

This is often the first question asked but the answer tells the least about the quality of the inspection. Fees are based according to size, age and various other aspects of the home. Inspection fees from a certified professional home inspector generally start under $300. An average price for a 2,000 square foot home nationally is about $350-$375. What you should pay attention to is not the fee, but the qualifications of your inspector. Are they nationally certified (passed the NHIE exam)? Are they state certified if required?

How long does the inspection take?

This depends upon the size and condition of the home. You can usually figure 1.2 hours for every 1,000 square feet. For example, a 2,500 square foot house would take about 3 hours. If the company also produces the report at your home, that will take an additional 30-50 minutes.

Do all homes require a home inspection?

Yes and No. Although not required by law in most states, we feel that any buyer not getting a home inspection is doing themselves a great disservice. They may find themselves with costly and unpleasant surprises after moving into the home and suffer financial headaches that could easily have been avoided.

Should I be at the inspection?

It’s a great idea for you be present during the inspection – whether you are buyer, seller, or homeowner. With you there, the inspector can show you any defects and explain their importance as well as point out maintenance features that will be helpful in the future. If you can’t be there, it is not a problem since the report you receive will be very detailed. If you are not present, then you should be sure to ask your inspector to explain anything that is not clear in the report. Also read the inspection agreement carefully so you understand what is covered and what is not covered in the inspection. If there is a problem with the inspection or the report, you should raise the issues quickly by calling the inspector, usually within 24 hours. If you want the inspector to return after the inspection to show you things, this can be arranged and is a good idea, however, you will be paying for the inspector’s time on a walkthrough since this was not included in the original service.

Should the seller attend the home inspection that has been ordered by the buyer?

The seller will be welcome at the inspection (it is still their home) although they should understand that the inspector is working for the buyer. The conversation that the inspector has with the buyer may be upsetting to the seller if the seller was unaware of the items being pointed out, or the seller may be overly emotional about any flaws. This is a reason why the seller might want to consider getting their own inspection before listing the home.

Can a house fail a home inspection?

No. A home inspection is an examination of the current condition of your prospective home. It is not an appraisal, which determines market value, or a municipal inspection, which verifies local code compliance. A home inspector, therefore, cannot not pass or fail a house. The inspector will objectively describe the home’s physical condition and indicate which items are in need of repair or replacement.

What is included in the inspection?

The following list is not exhaustive. Not all of these may be in the inspection you get, but the inspector will be following a standardized checklist for the home:

· Site drainage and grading

· Driveway

· Entry Steps, handrails

· Decks

· Masonry

· Landscape (as it relates to the home)

· Retaining walls

· Roofing, flashings, chimneys, and attic

· Eaves, soffits, and fascias

· Walls, doors, windows, patios, walkways

· Foundation, basement, and crawlspaces

· Garage, garage walls, floor, and door operation

· Kitchen appliances (dishwasher, range/oven/cooktop/hoods, microwave, disposal, trash compactor)

· Laundry appliances (washer and dryer)

· Ceilings, walls, floors

· Kitchen counters, floors, and cabinets

· Windows and window gaskets

· Interior doors and hardware

· Plumbing systems and fixtures

· Electrical system, panels, entrance conductors

· Electrical grounding, GFCI, outlets

· Smoke (fire) detectors

· Ventilation systems and Insulation

· Heating equipment and controls

· Ducts and distribution systems

· Fireplaces

· Air Conditioning and controls

· Heat Pumps and controls

· Safety items such as means of egress, TPRV valves, railings, etc.

Other items that are not a part of the standard inspection can be added for an additional fee:

· Radon Gas Test

· Water Quality Test

· Termite Inspection (usually performed by a separate company)

· Gas Line Leak Test (usually performed by the gas company)

· Sprinkler System Test

· Swimming Pool and Spa Inspection

· Mold Screening (sometimes performed by a separate company)

· Septic System Inspection (usually performed by a separate company)

· Alarm System (usually performed by a separate company)

We recommend getting a Radon Test if your prospective home falls into an area of the country with known Radon seepage, since Radon gas produces cancer second only to cigarette smoking and can be easily mitigated by installing a vent system. We also recommend a water test to make sure you do not have bacteria in the water supply. Water can also be tested for Radon.

What is not included in the inspection?

Most people assume that everything is inspected in depth on inspection day. This misunderstanding has caused many a homebuyer to be upset with their inspector. The inspections we do are not exhaustive and there is a good reason for this. If you hired someone with licenses for heating and cooling, electrical, plumbing, engineering, etc. to inspect your house, it would take about 14 hours and cost you about $2000! It is much more practical to hire a professional inspector who has generalist knowledge of home systems, knows what to look for, and can recommend further inspection by a specialist if needed. Your inspector is also following very specific guidelines as he/she inspects your home. These are either national guidelines (ASHI – American Society of Home Inspectors, InterNACHI – International Association of Certified Home Inspectors) or state guidelines. These guidelines are carefully written to protect both your home and the inspector. Here are some examples: We are directed to not turn systems on if they were off at the time of the inspection (safety reasons); we are not allowed to move furniture (might harm something); not allowed to turn on water if it is off (possible flooding), and not allowed to break through a sealed attic hatch (possible damage). The downside of this practice is that by not operating a control, by not seeing under the furniture, and not getting into the attic or crawlspace, we will might miss identifying a problem. However, put into perspective, the chances of missing something serious because of this is quite low, and the guideline as it relates to safety and not harming anything in the home is a good one. There are other items that 95% of inspectors consider outside a normal inspection, and these include inspecting most things that are not bolted down (installed in the home) such as electronics, low voltage lighting, space heaters, portable air conditioners, or specialized systems such as water purifiers, alarm systems, etc.

What if there are things you can’t inspect (like snow on the roof)?

It just so happens that some days the weather elements interfere with a full home inspection! There isn’t much we can do about this either. If there is snow on the roof we will tell you we were unable to inspect it. Of course we will be looking at the eves and the attic, and any other areas where we can get an idea of condition, but we will write in the report that we could not inspect the roof. It is impractical for us to return another day once the snow melts, because we have full schedules. However, you can usually pay an inspector a small fee to return and inspect the one or two items they were unable to inspect when they were there the first time. This is just the way things go. If you ask the inspector for a re-inspection, they will usually inspect the items then at no extra charge (beyond the re-inspection fee).

Will the inspector walk on the roof?

The inspector will walk on the roof if it is safe, accessible, and strong enough so that there is no damage done to it by walking on it. Some roofs – such as slate and tile, should not be walked on. Sometimes because of poor weather conditions, extremely steep roofs, or very high roofs, the inspector will not be able to walk the roof. The inspector will try to get up to the edge though, and will also use binoculars where accessibility is a problem. They will also examine the roof from the upper windows if that is possible. There is a lot the inspector can determine from a visual examination from a ladder and from the ground, and they will be able to tell a lot more from inside the attic about the condition of the roof as well.

Should I have my house tested for Radon? What exactly is Radon?

In many areas of the country, the answer is a definite yes. You can ask your real estate agent about this or go on to the internet for a radon map of the country. Radon is a colorless, odorless, tasteless radioactive gas that’s formed during the natural breakdown of uranium in soil, rock, and water. Radon exits the ground and can seep into your home through cracks and holes in the foundation. Radon gas can also contaminate well water.

Health officials have determined that radon gas is a serious carcinogen that can cause lung cancer, second only to cigarette smoking. The only way to find out if your house contains radon gas is to perform a radon measurement test, which your home inspector can do. Make sure the person conducting your test has been trained to The National Environmental Health Association (NEHA) or The National Radon Safety Board (NRSB) standards.

What about a newly constructed home? Does it need a home inspection?

Yes! In fact, we find far more problems, some quite serious, in newly constructed homes than in homes that have been lived in for years. This is not due to your builder’s negligence – he/she has done the best job they could with subcontractors and planning – it’s just that there are so many systems in a home, that it is close to impossible to inspect everything, and correct it before the Certificate of Occupancy is issued. Then, for some reason, the subcontractors no longer want to work on the home, and final jobs and details are missed. We recommend getting several professional home inspections near the completion stages of the home to discover everything that should be corrected. If the house is still new but sitting for a while before sale, it’s even more important to get a home inspection. We have seen water lines not hooked up, plumbing lines not hooked up, sewer lines not hooked up, vents not hooked up, and a variety of other serious but easily correctable problems!

I am having a home built. The builder assures me he will inspect everything. Should I have an independent inspector make periodic inspections?

Absolutely yes! No matter how good your builder is, he/she WILL miss things. They are so concerned with the house, they get so close to their work, as do the subcontractors, that important items can, and will be, overlooked. Have a professional inspector make at least 4-6 interim inspections. They will be worth their weight in gold.

What is the Pre-Inspection Agreement?

Most service professionals have a service agreement, and home inspection is no different. In fact, there is enough confusion about what a home inspection should deliver that the agreement is even more important. Some homeowners who get a home inspection expect everything in the home to be perfect after the repairs. This is not the case! Imagine getting a call from a homeowner a year later who says the toilet is not flushing – remember that the inspection is a moment in time snapshot. In the inspection agreement the inspector is clear about what the inspection delivers and the things that are not covered, as well as what you should do if you are not pleased with the services. We really think that by reviewing this before-hand you will understand much more about the inspection and be happier with the results. A home inspection does not guard against future problems, nor does it guarantee that all problems will be found.

What kind of report will I get following the inspection?

There are as many versions of a “report” as there are inspection companies. Guidelines dictate that the inspector deliver a written report to the client. This can range from a handwritten checklist that has multiple press copies without pictures and 4 pages long to a computer generated professionally produced report with digital pictures that is 35 pages long and can be converted to Adobe PDF for storage and emailing. Be sure to check with your inspector about the report he or she uses. We recommend the computer generated report, since the checklist is more detailed and easier for the homeowner/buyer/seller to detail out the issues with photographs. In this modern age, we feel the reports must be web accessible and e-mailable to match the technologies most of us are using.

There are some great things you can use the report for in addition to the wealth of information it simply gives you on your new home:

· Use the report as a checklist and guide for the contractor to make repairs and improvements or get estimates and quotes from more than one contractor.

· Use the report as a budgeting tool using the inspector’s recommendations and the remaining expected life of components to keep the property in top shape.

· If you are a seller, use the report to make repairs and improvements, raising the value of the home and impressing the buyers. Then have a re-inspection and use this second report as a marketing tool for prospective buyers.

· Use the report as a “punch list” on a re-inspection and as a baseline for ongoing maintenance.

Will the report be emailable or available as an Adobe PDF file?

Yes. As discussed in the last question, you will probably want your inspector to be using the latest reporting technology.

What if I think the inspector missed something?

Inspectors are human, and yes, they do miss items. However, they routinely use advanced tools and techniques to reduce the possibility that they will miss something. This includes very detailed checklists, reference manuals, computer based lists, and a methodical always-done-the-same-way of physically moving around your home. That is one of the reasons that an inspector can miss an item when they get interrupted. The inspector will have a set way of resuming the inspection if this happens. If, in the end, something IS missed, call the inspector and discuss it. It may warrant the inspector returning to view something that you found. Remember, the inspector is doing the very best job they know how to do, and probably did not miss the item because they were lax in their technique or did not care.

What if the inspector tells me I should have a professional engineer or a licensed plumber or other professional contractor in to look at something they found? Isn’t this “passing the buck”?

You may be disappointed that further investigation is required, but, believe us, your inspector is doing exactly what they should be doing. The purpose of the inspection is to discover defects that affect your safety and the functioning of the home; the inspector is a generalist, not a specialist. Our code of ethics as well as national and state guidelines dictate that only contractors that are licensed in their specialty field should work on these systems and areas. When they tell you that a specialist is needed, there may be a bigger, more critical issue that you need to know about. If you move into the home without getting these areas checked by a qualified specialist, you could be in for some nasty and expensive surprises. The inspector does not want to cause you any more expense or worry either, so when they do recommend further evaluation they are being serious about protecting you and your investment.

Will the inspector provide a warranty on the inspected items?

Most inspectors do not give the homeowner a warranty on inspected items. Remember, a home inspection is a visual examination on a certain day, and the inspector cannot predict what issues could arise over time after the inspection. However, some inspectors are now including a warranty from the largest home warranty company in America – American Home Warranty Corporation, as well as others, on the inspected items for 60 or 90 days. This is a very good deal, and the agreement can be extended after the initial period for a relatively small amount of money.

Do most inspection companies offer money back guarantees?

Most inspection companies do not offer a satisfaction guarantee nor do they mention it in their advertising. It’s always a good thing if you can get extra services for no additional cost from your inspection company, and of course a satisfaction guarantee is an indication of superior customer service. You usually have to call your inspection company right after the inspection and viewing of the report to tell them you are not satisfied. If you are not happy with the services, you should talk to your inspector first and let him/her correct the issue(s) you are unhappy with first, as the inspector is trying to make an honest living just like the rest of us, and is not failing you on purpose.

What if my report comes back with nothing really defective in the home? Should I ask for my money back?

No, don’t ask for your money back – you just received great news! Now you can complete your home purchase with peace of mind about the condition of the property and all its equipment and systems. You will have valuable information about your new home from the inspector’s report, and will want to keep that information for future reference. Most importantly, you can feel assured that you are making a well-informed purchase decision.

What if the inspection reveals serious defects?

If the inspection reveals serious defects in the home (we define a serious defect as something that will cost more than 2% of the purchase price to fix) then pat yourself on the back for getting an inspection. You just saved yourself a ton of money. Of course it is disappointing, even heart wrenching, to find out that your well researched house is now a problem house, but you now know the facts and can either negotiate with the seller, or move on. You may want the home so much that it will be worth it to negotiate the price and then perform the repairs. Imagine, though, if you had not gotten the inspection – you would have had some very unpleasant surprises.

Can I ask my home inspector to perform the repairs?

You can, but if your inspector is ethical, he/she will refuse, and correctly so; it is a conflict of interest for the person who inspected your home to also repair it! Inspectors are specifically barred from this practice by licensing authorities, and it’s a good practice – an inspector must remain completely impartial when he or she inspects your home. This is one reason you should have a professional home inspector inspect your home and not a contractor – the contractor will want the repair work and you are likely to not have an objective inspection from this person even though they mean well and are technically competent.

Does the Seller have to make the repairs?

The inspection report results do not place an obligation on the seller to repair everything mentioned in the report. Once the home condition is known, the buyer and the seller should sit down and discuss what is in the report. The report will be clear about what is a repair and what is a discretionary improvement. This area should be clearly negotiated between the parties. It’s important to know that the inspector must stay out of this discussion because it is outside of their scope of work.

After the home inspection and consulting with the seller on the repairs, can I re-employ the inspector to come re-inspect the home to make sure everything got fixed?

You certainly can, and it’s a really good idea. For a small fee the inspector will return to determine if the repairs were completed, and if they were completed correctly.

What if I find problems after I move into my new home?

A home inspection is not a guarantee that problems won’t develop after you move in. However, if you believe that a problem was visible at the time of the inspection and should have been mentioned in the report, your first step should be to call the inspector. He or she will be fine with this, and does want you to call if you think there is a problem. If the issue is not resolved with a phone call, they will come to your home to look at it. They will want you to be satisfied and will do everything they can to do this. One way to protect yourself between the inspection and the move-in is to conduct a final walkthrough on closing day and use both the inspection report AND a Walkthrough Checklist to make sure everything is as it should be.

Copyright 2010 by Lisa P. Turner

Cesspool Inspection When Buying a House

People who look for new properties are concerned about the aesthetics of the house or the landscape, but only a few consider asking about the septic tank or cesspool. However, cesspool inspection is important when obtaining a property. Cesspool services are necessary in many cases. You have to learn the value of cesspools in homes.

A lot of home buyers are not too concerned about cesspools. Knowing whether the cesspool is in good condition and functional is important whenever you are about to buy a property. You have to ask your realtor about this, and he or she should be able to give you an answer. A realtor who does not know the condition of a property’s cesspool or septic system cannot be trusted.

The problem with cesspools is they are buried underneath the ground, so you cannot be sure if the one in a prospective property is in good condition. A specialist should be called to do an inspection. There are companies that offer cesspool services including inspection. Keep in mind that an inspection is just an inspection. The service specialist will not fix problems unless you specifically ask him to do so. You probably will not need cesspool repair unless you really are planning to move into the property. If a property you are looking into has damaged cesspool, you can consider a repair service. If not, you can look at another property.

Cesspool inspection is a dangerous task if you are untrained. This is why it has been stressed that only a trained professional should do the task. You may only do as far as removing the cover. The next step should be reserved for the trained professionals.

How would you know if it needs service? A faulty cesspool may leak and cause contents to pollute the surrounding soil. In this case, foul odor will diffuse from the ground into the air. If the area smells like rotten eggs, the pit must be damaged. Water leaking from the pit will also saturate the ground around it. Look for signs of sogginess. You would also know if the cesspool is draining properly if the leach field has green grass. If not, the drainage lines must be clogged.

Cesspools should be checked regularly for signs of clogging or leaks. Settling solid matter and scum may build up and block drainage pipes. Such event poses problems in the future, but this may be momentarily un-obvious. Ask the realtor if it has been checked in the past year. You don’t want to buy a property and then spend your bucks getting the troublesome pit serviced.

Supposing you have bought the property and then sometime in the future you encounter a problem with the cesspool, what would you do? In this case, you can contact a septic plumber or a cesspool cleaner to find out what the problem is and fix it. Cesspool and septic tank services may be available in your area. Be careful when checking out your cesspool on your own. The gas build-up is toxic and flammable, not to mention extremely sickening.

Something To Know Before Applying Mortgage Loan

Mortgages are debt instruments by granting mortgage rights to property and borrowers to lenders as collateral for their obligations. In essence, a mortgage is a loan from a bank or other financial institution that helps us realize a dream home with minimal funds. Collateral for a mortgage is home; this means that if the borrower does not make payments or obligations to the lender or default on the loan, the bank can sell the house.

Mortgages always related to homeownership. If you want to own a house, you have to go through the mortgage debt stage. Why do people choose mortgage loans? Well, the main factor causing the mushrooming of mortgage loan services is money. Money is one of the important factors in owning a home, the lack of money causes someone to decide to borrow a mortgage. Mortgage loan services seem to be a god of help for all those who want to have a private home. The presence of a Mortgage Comparison Website also makes it easy for everyone to research before deciding on the best service.

Here’s what you need to consider before applying for a mortgage loan to a bank or other financial institution:

Estimate carefully the costs to be incurred

In essence; you must be very careful in estimating the costs to be incurred. Most likely you will find some unexpected costs during the homeownership process. Unforeseen costs will clearly harm you, so you should find out about tax costs, provision fees, advances, notary fees, etc.

Pay attention to your credit amount

The amount of credit dependents is usually one of the main requirements in applying for a mortgage loan. The more credit you have to pay, the less chance you will get approval. Financial institutions do not want to bear the risk if the amount of credit that you already bear causes failure in refinancing a property.

Compare mortgage prices from several services

Comparing mortgage rates from several services on the internet is an effective way today. Yeah, you can do it anytime, anywhere. To do this very easily, you only need to access the mortgage comparison website; on this website, you can compare 30+ lenders and get the most competitive interest rates for housing loans. The more creditors you get, the possibility of getting a low mortgage price can be realized. After you get a creditor that matches the funds you have, then you can apply for a mortgage loan to realize your dream home.

In conclusion, it is very important to understand that not all mortgage products are created equal, so researching by doing a comparison through Mortgage Comparison Website is very important. This service presents the best home loan interest rates on one website, which is easy to use. Some lenders may require a 20% down payment, while others require at least 3% of the home purchase price. Even if you have a preferred lender, be sure to visit two or three other lenders and be sure to check your options carefully.

Tips for a Proper Home Inspection

Buying your own shelter is definitely an achievement in itself. But purchasing the right home is not at all easy. There are many things that should be taken into consideration. By hiring a home inspector a proper evaluation of a particular property can be done. This helps to recover any issues and indicate them before one can spend on the house or probably move into them. So, follow this article to find out some of the home inspection tips that can help you spend your money wisely.

Attend the Home Inspection

When a property is being inspected by a real estate agent you should surely attend the inspection. The inspection will take just a few hours. By doing that you would be able to get all the information correctly from the inspector. This will help you find all the issues personally and can save you from making a costly mistake.

No Follow-Up

If issues are found then the inspectors might suggest you some repairing. If you feel they are not much then you can find out the estimate that might be incurred. In some instances, the first home inspector whom you approach might want to take suggestions from another service provider. This can actually be good and help you get a proper third opinion. So, wait for the opinion so that you are ensured about your choice.

Do Not Rely Only On the Inspector

If you have a suspicion you can always go for a professional checkup. This will help you determine in a better way. Another thing that you should be going for is a termite inspection. This will find out if there are termites in the place. So, there will be chances that you will be staying protected from making costly repairs after buying a home.

Home Inspection For New Homes Too

We often think that a newly built home does not need inspection. But we are wrong. This step is very important and should not be avoided. This will indicate how the building has been built and if there are any imperfections.

Additional Tests for Older Homes

If you are buying an older home then you might have to check other things. The tests that should be done are running a camera through the drainage lines, a hydrostatic test in the drains might help to find out leakages in the drainage system. It is one of the important things to remember.

The Benefits of Getting a Professional Home Inspection

What is a professional home inspection?

Professional home inspections are becoming an important factor for everyone seeking or planing to buy or sell a home. A home may look to be in very good condition but if we go through the things that can’t be seen with the eye we may find issues that need to be addressed. The need of a professional home inspection is increasing day by day because of increasing litigation due to unknown or undisclosed defects.

A normal individual is not supposed to be the expert of all these technical details. This leads to the need a professional home inspector who inspects the home. A typical home inspection will take several hours to complete. If testing is being done for things such as mold, radon, etc it could take several days to get these results back from the lab.

There are many advantages or benefits to hiring a professional home inspector, some of these benefits are:

Benefits for the buyers

1) With a professional home inspection a buyer can calculate the most realistic price of the property he is going to buy. However, in most cases, the inspection is done after negotiating the price. The home inspection results can be used in negotiating repairs or if the repairs are extensive a buyer may want to back out of the transaction if the contract allows it. The buyers can compare the features and drawbacks with the similar properties available in the same condition.

2) Ridding the buyer from the stress of legal or documentary formalities as the inspector will provide a written report.

3) A Buyer can better guess the possible lifetime of the structure; this will enable him in planning the prospective use of this structure.

4) A buyer can better understand the impact of any unknown natural disaster on the home structure.

5) This could also save hundreds of dollars by making the buyer aware of repairs needed at the surface, fitting, flooring or roof of the structure as well as electrical and plumbing.

6) It satisfies a buyer by familiarizing them with all the maintenance and repair details, well in advance.

Benefits for the sellers

1) A professional home inspection gives the sellers a better idea about the current condition of their property. This is most important in cases where seller has not lived in the house and isn’t very familiar with it. Such as rental property, inherited property, etc.

2) With the better understanding of the main features of the home seller can bargain more confidently about the pricing by making any necessary repairs prior to putting the house on the market.

3) Gives you confidence of well-trained, professional helping hands with you.

These benefits of a professional home inspection make this service very popular among buyers and sellers. I suggest working with an inspector who is a member of ASHI, American Society of Home Inspectors. A professional inspection, in the Chattanooga TN area, will cost about $325 but it’s money well spent by either a buyer or a seller.

A 411 on the Benefits of a Home Inspection For Home Buyers

Buying your own house is always a major decision to make. After all, you, as a buyer, will always want the best value for your money. One way of getting this is consulting a Professional Home Inspector service before you eventually purchase your home. However, not a lot of people are aware of what a home inspection actually is, and what is it exactly that inspectors do. Dismissing their services as only for those with extra money to spend or those who cannot inspect the structures themselves is not a very wise decision. But for the smart home buyer, having the home inspector enter take a look at the home first is always a smart move.

Before you decide to take that pen and signing that deed of sale, maybe think about having a Professional Home Inspection first. But you may ask, what exactly is it that the home inspector does? What should you expect once you do receive the services of one? In a basic home inspection, an inspector will perform a series of non-invasive and visual examination of the residential dwelling, which is designed to identify those materials defects which they may observe within specific components of the said dwelling. There are several components to each dwelling, whether it is mechanical, structural, electrical, plumbing, or any other system or component of the home. When it comes to which components are inspected, the home inspector and the client arrive at an agreement as to which one, or combination of components shall be inspected before inspection begins. In some states, as in Texas, there is a Pre-Inspection Agreement that is required to be signed before the inspection begins that outlines all the items that are covered, that are not covered and items which are optional.

The first benefit of having a home inspection is that you are assured that the home you are about to purchase is free from material defects which may endanger the lives of the residents. For instance, there are a lot of defects which any person may not notice given that he doesn’t really know how to inspect. There may be problems with the foundation of a home, the heating system, or the electrical wiring which the untrained person may not recognize as systematic.

After a home inspection, once you’ve had the inspector inspect the home and he has identified the defects, you are more or less aware of the overall condition of the house and what repairs have to be done, if any and in case you still wish to purchase the home despite the defects. This will be to your advantage as you will no longer have to make unplanned expenses in case it turns out later that the house needs more work than it looks like. In the end, paying for home inspection may actually prove to be more economical. Having the inspection is also economical in the sense that you get your money’s worth. Every consumer after all desires nothing more than getting the best value out of every cent spent, especially with today’s tough conditions. You will be sure that the home you purchase will be worth the amount with which you pay.

Whether for the safety reasons, or to get your money’s worth, or whatever reason you may have for hiring a home inspector, just remember that whenever you decide to have a home inspection, it will always be worth it.

Home Loan Broker Keeps You Away From The Hassle

Buying a home through a home loan can be complicated because of limited information. This happens because maybe you rarely find advertisements on television, the internet, newspapers, or magazines that discuss in detail about home loans. Well, this is where home loan brokers like Singapore home loan brokers enter. What is a home loan broker? The answer to this question might be very useful for anyone who will buy a house using the loan method.

You need to know that, there are many home loan deals on the internet today. To find the best offer you might have to work hard, this is natural because you do not have professional assistants who are specialized in working on home loans. Home loan assistant means a home loan broker; this broker will be your advisor and assistant in carrying out home loan procedures. They will direct you to the best lenders who can provide the best loans and minimal interest. So, do you want to work hard to find one of the best deals among piles of home loan offer ads? If you want an effective way, then home loan broker singapore is the answer.

Actually, all decisions are yours, whether you want to work with a home loan broker or not. Well, if you decide to work alone then you have to do a lot of homework; you must gather much information provided by the lender and start comparing many offers. Issues to consider include points, interest rates, loan length, prepaid penalties and fees. Frankly, this is a complicated decision that will not let you sit relaxed while enjoying a cup of coffee.

A home loan broker will help you avoid various clutters during the home loan process, and of course, you can still enjoy a vacation with family. Entrusting them to work for you is a logical decision now, home loan brokers are independent agents who shop through various offers from lenders every day. They have a close relationship with every lender or other financial institution. A home loan broker will do all the research for you. To start his performance, maybe he will do an interview related to your job, income, and financial condition. My advice, don’t hide your past debt experience with a home loan broker, even if you have a bad credit score. Tell it all as it is, and let him determine the best solution for you.

The most prominent advantage when using a home loan broker service is that the loan process becomes simpler. The broker will talk to you about your loan needs. Fill all the things that brokers look for, and then your home loan business will run smoothly. If buying a home loan service is your first experience, then you don’t need to guess how lenders will evaluate loan applications, with the experience and knowledge they have, brokers will tell you how lenders work.

If you hate wasting time in matters of complicated home loan documents and bureaucracy, then you deserve to contact home loan broker singapore. You can contact him by a call to make a face-to-face schedule. After that, the broker will assist you in collecting documents and submitting application forms to relevant banks or financial institutions. As the final process of work, the broker helps you in the process of disbursement of funds after signing an offer letter from the banker.

Pre Listing Home Inspection – 7 Shocking Examples Show Why Home Sellers Need One

Over the last 10 years home sellers had it made. No need for inspections. If a buyer’s inspector found a problem, another buyer would come along. But that has changed. It is VERY difficult to get buyers into escrow now, and very easy to lose them if they find problems during their inspection. Here are true stories about issues that caused disasters ranging from large monetary losses for sellers to outright escrow cancellations. It is time for sellers to realize the value of the “Certified Pre Owned Home” services now available. A $300-$500 home inspection coupled with a home warranty can save the seller $1000s of dollars, make the buyer happier and help sell the home faster.

1. Listing says “Air Conditioned” but the home is not.

During the inspection, the buyer asked the inspector about the air conditioning. The inspector found that there is no air conditioning installed. The listing agent, when asked why the listing stated there is air conditioning, replied that the seller said there was. The air conditioning was important to the buyer, who works from home. The buyer attempted to negotiate a fair settlement from the seller to add air but the negotiation broke down and the sale was lost.

2. Home has serious construction defect.

Many homes are now built by builders as two on a lot or more. The home inspector saw that a balcony over the entry was tilted. When measured, it showed a slope to the east of over 2 inches in 4 feet. But there was no sign of distress in the stucco around the balcony. Inspection of the identical rear home showed that the same balcony was absolutely straight. The conclusion was that the builder had allowed the balcony to be finished even though it was at a tilt. The buyer dropped out stating “I was concerned that there might be other construction defects that were not as obvious.”

3. Bathroom sink has small water leak in tile counter top causing serious water damage.

Some defects are nearly undetectable. In this case, the dark tile on the counter and the rather stuffed cabinet concealed significant water damage. There was enough water to have caused the cabinet’s pressed wood base to expand, the shelf paper to discolor and some mold to start to grow on the paper. But there was no leak in the plumbing. Upon further inspection, it was found by the inspector that when water was splashed on the tile behind the faucet, it ran through small cracks in the tile grout and dripped to the back of the cabinet base. There was reason to expect that there was more moisture and mold under the cabinet base that could not be inspected. This finding, coupled with other troubling issues, caused the buyer to cancel.

4. Home has concealed earthquake damage.

A condo looked excellent from the street. The interior was in beautiful condition. Inspection of the plumbing under the sink, however, revealed a disturbing fact. The galvanized pipe drain that ran up from the bottom of the subterranean garage 3 stories below appeared to have raised up and smashed the drywall above it. Suspecting that this was impossible, the inspector recalled that this building had suffered damage from a powerful nearby earthquake. A closer look revealed that the floor had dropped 1-2 inches during that quake and not recovered and the ceiling had dropped along with the interior walls. Only the perimeter load bearing walls remained as built. The result was that the torn drywall was wall that had FALLEN onto the solid pipe. The damage was so extensive that the buyer dropped out.

5. Another listing without air conditioning.

This was a condo conversion and a very nice property. But again the listing said A/C but there was none. The buyer was, in this case, not as eager for the deal and used this as an excuse to drop out.

6. Hillside 1930’s home seller loses $200,000.

This home is on a hill and there were multiple retaining walls and tiered foundations that needed repair. There is no doubt that had the seller done a pre inspection, problems with the foundation could have been addressed for far lower cost by taking more time. But work was rushed because the home was in escrow and cost far more than necessary.

7. Lots of minor issues turn off first time buyer.

The buyer, a young lady looking for her first home, was put off by issues that were not individually that expensive, but they added up to a long list of problems she just could not cope with. Had the seller done a pre inspection and just done a little work this escrow would have closed.

Note: This article is copyrighted by the author but sellers, buyers, agents and other home inspectors are encouraged to copy and use this article as long as the author’s name and web site are kept with it.

Mistakes To Avoid During Building And Pest Inspection

Purchasing an establishment is one of the biggest investments individuals make. Of course, this venture is important to provide them with amazing benefits such as having a good establishment for their business or owning a wonderful place they can call their own. No matter what their reasons in purchasing a house, it is important to be careful and to be wise.

Surely, there are experts who can help you find the ideal house. In case that you have just moved in a new location, you can opt for a real estate agent. These agents can also help look for houses that can suit your needs. After which, you can also opt for banking institutions that can help you have sufficient finances to purchase a house.

But before, purchasing a house, it is important to also opt for building and pest inspection services. These services can help you protect your finances and provide you with the ideal establishment you are looking for. However, there are instances that building and pest inspection turns into a disaster due to some mistakes. Listed below are some mistakes you need to avoid during inspection.

Outside over inside

When checking an establishment for sale, you always find wonderful and appealing establishments. However, do not be deceived by their looks since you will never know what’s inside. Therefore, make sure that you first check its interior. This is important to ensure that the condition of the house is good.

Pleasure over safety

Safety must be the major concern when inspecting a house. Surely, you can find establishments filled with numerous appliances and fixtures. However, do not be carried away with these items since there might be hidden issues in the house. Not to mention, some fixtures may not be useful for you, which can only increase the price of the house and affect your budget.

Time vs. expenses

There are some buyers who want to purchase an establishment fast. Also, hiring an inspector is also expensive. These are some of the reasons buyers opt for a quick inspection which is a huge mistake. But, if you intend to make sure that the establishment you want to purchase is safe and reliable, it is best to spend more money to ensure that all areas of the establishment is thoroughly inspected.

Affordability vs. quality

Another huge mistake of buyers is saving money for a professional inspection. Thus, buyers do the inspection themselves. Unfortunately, this is a bad idea since inspectors have vast experience in inspecting houses. Not to mention, they know what areas must be carefully checked to ensure the credibility of the house. On the other hand, some buyers hire inexperienced inspectors due to their affordable services. Because of this, there are cases that buyers have purchased the wrong establishment.

With all these, buyers can avoid certain mistakes and find the best establishment that can improve their future. Click here for more.