Home Inspection: A Wise Investment

Buying a house can sometimes be a long and tedious process. The first step is to apply with a reputable lender to be pre-approved for a mortgage and then you should find a real estate agent that you are comfortable with. The real estate agent that you decide to work with should take the time to listen to what your needs and wants are in a house or condominium. Often individuals look for six months or longer to find a home that fits their needs. Once you find the perfect house, it is in your best interest to have the purchase agreement written that will allow you a set amount of time for the home to be inspected. Usually, this will give you seven to ten days to have the home inspected for any unforeseen issues that may lead to significant expenses in the future. Having the home inspected before you complete the purchase transaction may potentially save you thousands of dollars of unexpected expenses after you close.

Your real estate agent may refer you a home inspector, but it is in your best interest to contact a minimum of three licensed home inspectors and choose the one that you’re most comfortable with. Simply choosing the home inspector that was referred to you by the real estate agent may be a conflict of interest. Your real estate agent may have a long-term relationship with the home inspector and may have a non-verbal agreement to save as many transactions as possible. A typical home inspection cost between $300 and $400. This is a worthwhile investment to avoid future unforeseen expenses. The last thing a new home buyer needs is additional expenses just after moving into their new home. If this happens, it may cause severe financial hardship. If the home inspection is bad and the seller is not willing to fix the issues, walk away and find another house.

General home inspections will disclosure defects found in the dwelling, but if something is found that is outside of their area of expertise, you may want to obtain a more specific inspection before purchasing the property.

Below is a list of other types of home inspections:

• Pest Inspection – This type of inspection will not only inform you if any wood destroying insects are found in the property, but also if dry-rot is found anywhere on the dwelling.

• Chimney – This type of inspection will make sure the chimney is functioning properly and if the liner or the brick inside the chimney are in need of repair.

• Heating and Air Conditioning – Most furnaces should be cleaned and serviced. If either the furnace or air conditioning is not functioning properly, they should be taken apart by a professional to determine the issue and cost to repair or replace.

• Lead-Based Paint – The federal government banned the use of lead-based paint in 1978, but homes newer than 1978 can still contain lead-based paint. If the house is found to have lead-base paint, you should hire a certified lead-based paint contractor to properly remove the specific areas found in the home.

• Roof – A roof inspection will disclosure the condition and life expectancy of the roof. Also, ask the roofing inspector to provide the estimated cost for repair or replacement of the roof in writing.

• Well and Septic – If the house you are considering has a well or septic system, it is in your best interest to have these inspected. The house may be located in a municipality that requires this type of inspection.

• Radon – There are many locations in the United States that have radon issues. If the dwelling has a high level of radon, it could lead to severe health conditions.

• Mold – If you find mold in the house, you should have it inspected by a licensed mold contractor. Certain types of mold can lead to serious health issues.

The above inspections will enable you to make an informed decision regarding the purchase of the property. If you have any specific concerns about the property prior to the inspections being completed, it may be more beneficial if you are present for each of the inspections. Being present at the inspections will allow you to point out your concerns with the property directly with the licensed contractors. If any issues are found in the house and you still want to purchase the property, you will have the issues and deficiencies thoroughly documented by licensed professionals. This will allow you to go back to the seller and ask for the repairs to be completed, a credit for the repairs at closing, or a reduction in the sales price.

Posted in Uncategorized | Comments Off

Why You Should Appoint Experts Having Lead Paint Certification for Home Renovation

It is now an established fact that lead paint materials could leave harmful effects on physical health of human beings. After taking the reality into consideration, the federal government has made it mandatory for the professionals working in the lead painting industry to undergo extensive training and obtain lead paint certifications.

The certificates are awarded to those who have successfully completed eight-hour training programs on lead-safe work practices. The course curriculum includes both theory and practical training. Such training sessions are meant to introduce the participants to the harmful effects of lead paint and how to minimize excessive emission of lead dust.

Why to test your home for lead?

As lead causes a severe health disorder, it is important for the home owners to test their homes for lead. Many homeowners are not aware of adverse impacts of lead and so often raise questions over why they will spend on such an inspection. According to the researchers on harmful chemicals, lead is very detrimental to health of both children and adults.

Excessive exposure to the substance could see you suffering from several complications. Lead, in form of dust and paint, is harmful to all, especially under-6 children. Even soil containing lead could be very dangerous to our health. This substance can get into the children’s bodies if they put their fingers on paint, soil or toys containing lead. It is very dangerous for expecting mothers.

If your house was built before 1978, you should hire an expert for lead inspection. Only the certified professionals are capable of such inspection. Remember that the experts need to renew their certificate every five years. The Lead paint refresher program is mandatory for those who want to continue in the same industry.

What qualified lead paint professionals look for during house inspection?

If your house has chipping/peeling paint
If you have any plan to renovate, remodel or repaint your home
If soil in your yard contains lead and if yes, what the percentage is
If you have a child in house, they suggest that you should take him/her for a blood test that will show lead exposure

If your home was built before 1950, it is certain that there is some lead-based paint.

Is it possible for homeowners to determine if lead is present in paint?

Certified renovators are allowed to use an EPA-recognized kit to test lead paint. These inspectors are also known as risk assessors. They use x-ray Fluorescence tools. There are also paint chip sampling tools to test your home for lead.

Conclusion

If you are serious about health of your family members, you need to make sure if your house painting has any lead in it. If lead is detected in test result, you should go for renovation work as early as possible. You should get the work done by only the certified renovators. Before hiring a contractor, ask the person to show his lead paint certification. Next ask him what plans he has to minimize lead emissions during renovation work.

Posted in Uncategorized | Comments Off

Home Inspections In 2016

Ah, the dreaded home inspection. For the seller, it can be suspenseful as they wait for the report to come back with any items that need to be fixed. For the buyer, it can mean a piece of mind that everything in the home is in working order and the potential opportunity to negotiate the repairs/ purchase price if anything is turned up during the home inspection process.

In general, a home inspection is meant to thoroughly check the condition of a home and is typically done when a home is being sold. More often than not, a home inspection is done by a trained and licensed inspector that acts as a neutral third party to inspect the home and provide a written report of all findings. Items that are typically examined in a home inspection include (but are not limited to) the following:

Roof – What is the overall condition and probable age? Does it need to be replaced?
Exterior of the home – Including the foundation, drainage issues, gutters, siding, etc.
Attic space – Properly insulated and verify no leaks are present.
Basement – Wet basements and crawlspaces can be a cause for concern.
Plumbing – Check for any leaks.
Electrical – Test of the light switches, electrical outlets and electrical panel.
Heating and Cooling Systems – Are they in proper working order?
Water heater – Is it in good condition and working properly?
Appliances – General condition and age (If they are included in the sale)
Other – a home inspector looks at windows, doors and any potential pest damage.

The physical condition of the house is an important aspect of buying a home. Many buyers include a home inspection condition as part of the purchase contract. The buyer is usually responsible for scheduling and paying for the inspection. If any issues are found during the home inspection process, then the buyer may go to the seller to ask for repairs or credits toward the purchase price to fix any items uncovered.

The Pre-Inspection

Some buyers prefer to do a pre-inspection before submitting an offer. This is commonly done in areas with hot real estate markets when a buyer may be competing against other offers and wants to set the offer apart by not having the inspection contingency included. It’s also not uncommon for a seller to do a pre-listing inspection of the house to fix any problems before a buyer enters the scene and requests for a repair to be made or money off of the purchase price.

Home Inspection Cost and Requirements

A regular home inspection will take a few hours to complete and can range anywhere from $150 to $500 depending on the size, location, type and age of the home. Some buyers will accompany the inspector while he or she is completing the inspection to learn more about any problems that are found and ask questions. A home inspection report will be furnished to the buyer. There is usually a state run website addressing this issue including having a list of state certified inspectors. The National Association of Certified Home Inspectors (NACHI), National Association of Home Inspectors (NAHI) and The American Society of Home Inspectors (ASHI) can also be great resources as well. Most associations require a minimum number of inspections to join. For example, the ASHI requires no less than 250 inspections to be a member. As with any home improvement contractor, you can always ask for proof of licensing and insurance to make sure they are legitimate.

Typical home inspection reports will be thorough with photos and potentially diagrams. While the home inspector does provide a fairly comprehensive report, other reports may be needed. These may include, but are not limited to, a pest report, environmental health hazards (radon, mold, lead, asbestos) and specialized inspections from hazards such as flooding.

Home inspections are worth their weight in gold as paying a few hundred dollars to uncover a potentially major problem is money well spent instead of buying a home without an inspection only to discover a costly repair needed after you own the property. Even when purchasing a new property, a home inspection can potentially draw attention to any issues.

Posted in Uncategorized | Comments Off