A recent Chicago Tribune article tells of a family who made an offer on a home before the home inspection. This is probably not too strange in most cases. In any case, as the article states, the couple made an offer of $225,000 on a home in Texas before the inspection proved that the home required between $20,000-$30,000 in repairs.
So, what does this story say? First of all, if you read the article, you’ll see that they mention how online realtors are are great at posting only photos which make the house look good. So, don’t get your hopes up too much based on photos alone.
Secondly, make sure to get a good home inspector! Whether the home is years old or brand new, you need to be sure that all of the money you’re about to fork out is going to something that’s worth it! Plus, you want to make sure that you won’t be spending even more money after purchasing the home.
Unlike cars, homes don’t have a blue book. But, similar to cars, not everyone is an expert at home engineering and architecture. Trust the experts and get a good opinion in order to ensure the best home purchase possible!
We all fear it: a roof in need of repair. In denial we ignore the warning signs, but you can’t hold off on roof repairs. Of course, you can definitely benefit from full roof inspection, but don’t let the warnings pass by!
1 – Ceiling Stains – Several factors can cause ceiling stains, but if you’re noticing them this could be a tell-tale sign that you need roof repair.
2 – Missing Shingles – Where did my shingles go?! Well, they could just be sitting in your yard somewhere, but if they are not on your roof, it doesn’t matter. You have to replace them immediately!
3 – Rust / Corrosion – If your flashing rusts or corrodes, these point to bigger issues in your roof. Any time roof-related metals have damage, make sure to take a closer look, as something bigger could be at stake!
Please contact First Choice Inspectors today if you have any need of Chicago home inspection! We’re here to make sure that your home is up to code!
Courtesy of The Philadelphia Inquirer
Spring, is traditionally, the best time to buy or sell real estate, even through the downturn. Al Heavens from The Philadelphia Inquirer writes about how to set the stage for a home sale. For sellers, it is time for real estate theater; the house is the star. “The cast includes agents and brokers, home inspectors, title people, mortgage companies, lenders, underwriters and, obviously, buyers.” Some sellers are very hands on, while others do not want to bother with the day to day. Paul Leiser of Avalon Real Estate in New Jersey said he believes that the internet has empowered the sellers and buyers. Realtors are dealing with more informed involvement on both buyers and sellers, so confrontation can be minimized if an agent keeps the seller informed. Sellers seem open to agent’s suggestions, the home staging will be up to the owner rather than the agent. The seller who thinks he or she knows all may end up disappointed and a house that sells for less. The house should be available for showings but at no point should the seller enter into conversation with potential buyers, the agents, appraiser, or home inspector. The job of the agent is to educate the buyer and seller on the present climate and conditions.
Read the Full Article Here
Leader-Telegram publishes can article about how the location of cracks can reveal what is happening to your foundation. Wall cracks appear as the result of overloading, settlement or heaving, which may give you information on what is going on with the foundation. Vertical cracks are often caused by “settlement of the home, soil compacting and soil washing away under the footings.” This occurs when an upward force is next to a downward force, while angle cracks occur when the up force and down force offset each other. This can appear when there is a difference in the soil under the house from one another, which causes the soil to push up. Horizontal cracks can be caused by pressure from the outside, which can be attributed to pressure against the wall, improper backfilling, and surface problems. “Skrinkage cracks appear on the foundationwalls as part of the curing process. These cracks can appear because there was too much moisture in the concrete when it set.” This could be caused by mortar set in cold weather that froze and later expanded before having a chance to cure.
Read the Full Article Here
Mike Holmes from Leader-Post speaks about the current trend is definitely moving towards green products and options. The green movement is still so new that it is hard to know which regulations and certifications are the legitimate ones. This is still so new that the one green move that is full proof is the switch to energy efficiency and durability. Building an energy-efficient home is becoming the standard for homeowners. “It’s a way of thinking that says it’s better to invest in more insulation than a granite countertop. It’s cool to have solar panels, energy-efficient appliances and a green roof. These features are becoming the new eye candy of the modern and contemporary home.” Since energy costs are rising we, as homebuyers and homebuilders, must begin to turn to energy-efficient elements. As we move forward we will begin to see more homeowners choosing renovations that will bring their homes to higher performance levels. There are a few options that don’t require too much restructuring:
- Increase and/or replace old insulation in the attic.
- Always purchase energy star appliances.
- Install a programmable thermostat that can regulate the temperature of your home between day and night.
- Replace old toilets with ones that are low-flow to save 30 to 50 per cent of the water normally used.
- Install a domestic hot-water recovery system that can recapture heat gathered from hot water used during dishes, showers, etc.
Read Full Article Here
Dan Steward from RIS Media writes about the importance of not forgetting a home inspection after the construction of a new home. Many homebuyers have the false belief that new homes should be flawless, when that is never the case. The issues found in new homes are different than the problems with resale homes. When assessing a resale home, the problems sit with older systems that are nearing the end of their self-life; while the complications with new homes is typically incomplete work, damaged systems, or missing pieces of key materials. Hiring a home inspection company before closing on a new home can help save homebuyers money due to unexpected home repairs down the road.
New home construction problems fall into four categories:
- Incomplete work: Many new home constructions are not completed properly. “A home inspection company will uncover these issues prior to the move-in date.”
- Damaged systems and finishes: New homes often experience damage during construction due to rain, snow, and storage damage.
- Missing elements: Oversights during construction due to human error are more common than many realtors and homebuyers think.
- Imperfect or sloppy workmanship: While everyone would love perfect workmanship, that is not ideal; any number of things can go wrong during the construction of a new home.
Read Full Article
In a column in the Chicago Tribune Ilyce Glink and Samuel Tamkin write about a crucial aspect of home buying, How to select a Home Inspector.
“Question: What is best way to select a home inspector? What criteria should I use to select a good inspector? I want to make sure the house I buy is in excellent condition.”
Searching for a home inspector is like looking for a good lender, ask friends, get referrals, speak with your real estate agent and get some recommendations. Perform a complete interview with an inspector; ask what the process includes, how long it takes, what the expertise is, and what kind of paperwork or information you will be receiving. It is also important to customize your home inspector around the property you have purchased and do not just take his/her credentials as fact, do a little bit of research before making a choice. Avoid getting referred to other specialists by asking your inspector what inspections he does not perform in the home, which will give you a better idea about who to choose. “Any inspector can miss a broken faucet or toilet, but you don’t want your inspector missing a large crack in the foundation of the home, mold in the attic…a roofing system that needs replacement, or a basic structural problem.”
Read the Entire Article