Skip to main content

A Simplified Guide to Your Home Inspection – Part 1

If you are under contract to purchase a home, congratulations! Of course, you are excited and a little nervous, too. Your physical inspection can be especially nerve-wracking. In a short amount of time, you will receive more information than you can process, and it will all seem very serious. And confusing. And potentially expensive. In order to calm your nerves, here is a breakdown of the inspection’s most important home components and priorities. (Homes and condos are constructed differently across the U.S.; this will deal with structures that are mostly wood and not brick, and homes that are not new.)
Your home’s most important elements are its rooffoundationplumbing, and electrical system.
First, here’s the story on your roof. Your inspector may say that the roof “is at the end of its useful life.” It is not unusual for a roof to need some repairs and maintenance, but it is unusual to need a whole new roof. With continuing maintenance and proper repairs, your dying roof can last several more years. Repairs are pretty easy and most roofers are cost-competitive. Condo purchasers will want to check with the condo board to see what repairs have been done or are anticipated.
Your foundation will either be raised above the ground on piers and posts, or it will be a slab. If you have a basement, it is raised; if you have a newer home, it is likely on a slab. If your raised foundation has some cracks, those can be easily repaired with special epoxy products. If it is completely cracked, and off its posts, run away.
Electrical problems that your inspector finds can be difficult to understand. Amps, breakers, sub panels, drops – what does that all mean? Older homes may not have enough power to run today’s modern appliances, toys, and systems. Wiring may be older, too. The good news here is that electrical work, even replacing wires and panels, is very routine for an electrician. It does not take very long to complete and is usually cheaper than you think it would be.
Your plumbing has many components and some are more serious/expensive to fix than others. Leaky faucet? No big deal to repair. Septic tank pumping? Routine. Roots in your sewer? Common. Unfortunately, many other problems can be progressively more serious and expensive to fix, especially if walls need to be opened. You will want to get estimates from at least two plumbers – hopefully only a portion of your plumbing needs repair. It is usually not necessary to re-pipe a whole house.
Hopefully, your inspection will make a little more sense to you now. The next post on this topic will go over other home components like heating and air-conditioning, fireplaces, windows, and outside spaces.
Ali Palacios, ABRMCNETAHS
Realtor
Today's Home Realty
ali.palacios@todayshomerealty.com
Mobile - 832-418-0670
www.ilovehappyclients.com

9119 Hwy 6 S #230-116, Missouri City, TX 77459
source: http://www.bestrealestateblog.com/a-simplified-guide-to-your-home-inspection-part-1?m=JnojPGPgYwNqRUqKIeuc

Comments

Popular posts from this blog

‘Tis the Season: 5 Reasons Why Winter is a Great Time to Buy or Sell a Home

‘Tis the Season: 5 Reasons Why Winter is a Great Time to Buy or Sell a Home It’s a common misconception that you shouldn’t try to buy or sell a home during the fall and winter months.  This is generally considered the “offseason” in real estate. Many sellers mistakenly believe that the cold weather will keep buyers away and that no one is looking over the holidays. Unfortunately, many real estate professionals perpetuate this myth by advising their clients to “wait until the spring” to list their home.  The truth is, homes are bought and sold year round. And while the market is typically quieter during the fall and winter, savvy buyers and sellers know how to use this slow down to their advantage. In fact, depending on your circumstances, now may be the  ideal  time for you to purchase or list a home. If you’re in the market to buy or sell, there’s no need to wait for the spring. Read on to discover the top five reasons that it can pay to ...

How To Handle The Biggest Real Estate Deal Killers (Well-Intentioned Parents)

Your parents want the best for you. And buying a home is one of the major investments you will make in your lifetime. So, of course, your folks want to be by your side and offer you the benefit of their wisdom and counsel. Unfortunately, a lot of their best advice can be misguided, and can cause your good home choice to slip away. Most parents will want to see you get your home for the least amount of money and may even advise you to make a low offer. That may be what they did when they last bought a house. It will not work in a seller’s market, and may not even work in a buyer’s market. Make your offer based on the comparable neighborhood sales, the condition, and your Realtor’s advice. If you are getting a loan, remember that the price you pay is amortized over 30 years as well. Mom and Dad may advise different “deal points” than are standard in your locality. Recall that each state and area have different customs, disclosures and laws. What may be common in M&D’s area may...

What Does MLK Have To Do With Real Estate?

Fill in the blank… “I have a _________…” I’m about 100% sure I can guess what word you chose. Was it “dream”? Good chance it was. We all know this line from Martin Luther King, Jr.’s famous speech. So when we hear those first three words, it sort of naturally comes to mind. But what many people aren’t aware of is how much he affected the lives of real estate agents, buyers, and sellers. It was his death that gave Congress the last push needed to pass the Fair Housing Act, back in 1968. It’s pretty involved, so I won’t get into it all here, but to put it simply… This was put in place to ban racial discrimination in housing. You can’t be refused the rental or purchase of a house, based upon your race. Seems simple enough to most people now. A given, if you will. But it didn’t happen overnight. And believe it or not, it still can and does come up. But guess who’s a big part of making sure this Act is followed… On the front lines, it is people like me. Real estate agen...