Tuesday, August 13, 2013

Home Inspections Save you Money $


A home inspection is a limited non-invasive objective examination of the conditions of the visible accessible components of a home. It is the best way for a buyer to learn about the conditions of the property they are investing in. Meeting the expectation of home buyers required a unique combination of skill sets- construction, engineering, and architecture. In the 1970’s The American Society of Home Inspectors (ASHI) formed, combined all the required skills and established the Standards of Practice and Code of Ethics. These were standards and guidelines that gave comfort to buyers about the investment they were making.
It is not mandatory to have a property inspected prior to purchase, yet buying a home for some is the single largest investment they will ever make so why would you not want to know exactly what you are investing in? If you were buying a car or investing in the stock market you would research, so why would you want to risk an investment that will house the most precious gift life gives, your family?
A home inspector is not an appraiser, their job is to check the structure and the major systems of the home for wear and tear as what as what could be a future problem and provide a buyer with a better understanding of physical condition. The major systems include the heating system, central air conditioning system, interior plumbing and electrical systems, the roof, attic, and visible insulation, walls, ceilings, floors, windows, and doors. This also includes the foundation, basement, and visible structure. Following the inspection, inspector will supply a written report that describes the conditions of the home at the time of inspection, but gives no guarantee of future conditions, efficiency or life expectancy of systems. So what is involved with a home 
Inspection Checklist
Exterior:
ü  Structural inspection for rotten wood, termites, broken bricks, possible location for water seepage
ü  Gutters are installed properly with no rust or corrosion, leading water away from structure not towards home where water damage could occur or mold
ü  Paint looks good, no chipping or flaking
ü  Windows and doors show no signs of leak or deterioration, open and shut with ease, no gaps or other signs of foundation movement
ü  Foundation has no cracks or weakened areas, treat from near- by tree roots
ü  Agriculture causes no potential problems for safety, healthy vegetation

ü  Decks and paths have no rotten wood, loose railings, or wobbly bricks
Interior:
ü  Flooring- stains, slopping, sagging, or broken tiles
ü  Walls have no cracks, loose plaster, bowing, or signs of water damage
ü  Ceiling have no sagging, stains, or other signs of leaky roof
ü  Doors and windows are in good working condition, tight seal when closed, no cracks or damage to frames or trim
Roof:
ü  Roof for broken or missing shingles, bubbles in tarpaper, loose or curling shingles, and holes where water could get in
ü  No bowing in walls or roof, both should have straight lines
Plumbing:
ü  Plumbing has no leaky fixtures, free of cracks, caulk is
solid, staining or rotting on/under the countertops, good water pressure
Electrical:
ü  Electrical system are all outlets are working, no water damage
ü  Electrical boxes appear to be installed per building code
ü  Wiring is current and up to date, no exposed wires
HVAC:
ü  Check age and working conditions of the heating and cooling system
ü  Ensure that the cooling/heating system is large enough for the floor space
ü  Filters are clean
Appliances:
ü  Appliances are in good working condition, no repairs needed
ü  Hot water heater and plumbing, no visible signs of rust, corrosion or leak
The most common sited issue within a home inspection is improper installation of everything from gutters to outlets, from insulation to bathroom tiles. All items that will cost the new homeowner money to repair or replace, unexpectedly if no inspection is done.
Homes built in 1900-1950:
Knob and tube wiring consists of fuses and fuse boxes and is considered outdated and inadequate to cover today’s load
Homes built 1942-1958:
Orangeberg Sewer piping was a sewer line made out of papier mache that connected the house to the main sewer line. This piping was used as necessity during WWII, the military was using all of the iron for war efforts. If it still functions…expect replacement soon.
Homes built in 1984-1990:
Defective ABS piping made out of recycle plastic was produced by 5 manufacturers. The pipe had a tendency of cracking within the glue joints. Extremely costly to replace
Homes built in 1990-2000:
A NOX rod consolidated furnace has heat exchangers that will crack and release carbon monoxide into the home and potentially cause fires. Used widely during these years and is on a recall list. A home inspection will detect this type of furnace.
Homes built in 2004-2005:
Chinese drywall- contains corrosive sulfur compound and is detectable by the strong sulfur (rotten egg) odor. As a result of active hurricane season construction materials were in short supply, so builder began importing materials from other countries, including the hazardous “Chinese Drywall”. Amazingly the hazardous drywall wasn’t even from China.  The most infamous exporter of the harmful drywall was a company called Knauf out of Germany.  Knauf acquired the raw materials from a gypsum mine sited in China.  Even though we haven’t been able to trace the precise cause of the contamination in the gypsum, it is believed that poor pollution controls in China allowed the raw gypsum to be contaminated within the mine.  Since then, millions of sheets of this hazardous drywall have been imported and installed into homes and business across America. (it has been found in homes as early as 2001 and as late as 2009) The cost of remediation can be astronomical- include the complete replacement of the following:  all drywall, all electrical wiring, the air conditioning system, all metal plumbing components, all appliances with major metallic components, all carpeting, all wall insulation, all wood flooring, all wood baseboards or crown molding and all metallic bathroom fixtures or components.

An inspector should also look in the attic; in the garage; and under the house, if possible.
If your home has a swimming pool ask the inspector ahead of time if he inspects the pool -- some inspectors do and some do not.
The better the checklist the better the home inspection.

Tuesday, August 6, 2013

Just the facts, ma'am



We want to know the facts.
Want to know what ingredients are that being used in the food we eat; "google it".
Want to know if the chemical being used in your home is safe for your family, animals, and environment: google it.
When you are making a purchase as important and expensive as buying a home of course you want to know the facts and some of the answers you will not on the internet. Who better to ask then those who know first hand, the sellers.

Here are some questions that will help lead you to make the best decision for your investment:
  • How long has the property been on the market?
  • How much did seller pay for the home?
  • How did the seller come up with the asking price? 
    • How flexible is the price?
  • How much does the seller still owe on the home?
  • What is the property worth in the current market?
  • How many offers have been received? 
  • What is included? 
    • real vs. personal property

  • Why is the seller moving? 
  • What is the neighborhood like? 
    • neighbors?
    • schools?
    • noise?
    • crime? 
    • HOA?
    • any foreclosures in the neighborhood? 
  • The history of the home? 
    • average cost of the utilities? 
    • has the property ever been rented? 
    • repairs done? 
    • repairs needed? 
    • preventative maintenance? 
    • remodels?
    • flood zone?
    • haunted? 
    • any problems? 
      • roof? how old is it?  
      • foundation? Any cracks or areas of concern?
      • electrical?
      • plumbing?
      • termites? 
  • What do you like/ dislike about the property? area? neighborhood? 
Do research...
What is close by? shopping? Parks? major roads? public transportation? Any foreclosures in the neighborhood? 

Stay tuned for the next blog on home inspections!