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30 Jun 08 Home Inspection Checklist

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If you are planning to buy a home, you are likely planning to sell a home too. One of the usual steps in the buying and selling process involves having your home inspected. Below is a list of commonly inspected areas of a home.

Many home inspectors will begin their routine with the home’s foundation. Cracks can occur from earth settling below, which can lead to moisture seeping through. If there are cracks in your foundation, be sure to have a professional contractor come and repair the problem.

Expect your roof to be given a thorough overview, as a damaged roof can lead to much bigger problems – often associated from water damage. Reroofing a worn roof can often add value to your home, but only reroof if it is absolutely necessary; otherwise have any damages repaired by a professional roofing contractor.

Once inside your home, an inspector will look for any obvious signs of damage to walls, ceilings, and floors – e.g. stress fractures in walls, water damaged ceilings, and cracked tiles or worn out carpet. Additional interior inspection will include checking the heating and air-conditioning systems, doors and windows, plumbing, leaking sinks, electrical fixtures, and electrical outlets – to ensure they are properly working.

If selling your home, be sure to have as many of these items fixed before your scheduled inspection to prevent having to do so afterwards. In today’s market, most problems that are discovered will likely need to be repaired before listing your property; or you may not receive your home’s full value upon selling.

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04 Jan 08 Home Buying Guide: Part 1

For most of us, buying a new home is the most expensive and important purchases we will ever make. Homes should always be thought of as an investment, but in most cases, you buy a home to accommodate your living needs and wants. Whether you are buying a home solely as an investment, or buying a home to live in, there are numerous things you should know and consider about the house before you buy it. This post is part one of a two part Home Buying Guide designed to inform the average home buyer about some of the things to consider when purchasing a home.

Housing prices are often determined by location, size, features and the condition of the home. In today’s market, the average home can easily cost a home buyer over two hundred thousand dollars. This is why it is important for the home buyer to think about all aspects of the purchase before buying a property. Very few people can properly assess a home’s condition and value, which is why you should always have a professional appraiser and real estate agent look at the property prior to purchasing it.

Be sure to keep your present and future needs in mind when shopping for a new home. If you are buying a home to live in, will you be living alone? How much home can you afford? Do you plan on increasing the size of your household? If so, is there adequate space for additional rooms? How long do you plan on living in the home? Do you want a new home or a resale home? etc…

Location, location, location. We have all heard that saying before, and as you might have guessed; there is a very good reason for the repetitive phrase. Buying in a good location is important for a multitude of reasons. Some questions you should ask yourself, or perhaps your real estate agent, are: “Is this home in a good neighborhood or a bad neighborhood?” “How far away will I be from work, shopping, and schools?” “Is there convenient access to freeways?” and so on. Make sure the location meets your wants and needs, and is in a neighborhood and area that will be attractive to potential home buyers when you decide to resale your home.

In regards to the actual home, there are several important factors to take into consideration. Do you want a single-family home, custom home or a condo? Does the home builder have a reputation that may negatively affect your chances of reselling the home? Does the home have features and appliances that you’ve always wanted? How does the home look aesthetically? Is the home in good condition? If the home is not exactly what you want, how much money is needed to make necessary repairs and improvements? If a home isn’t initially pleasing in its appearance, can it be? If so, what needs to be done and how much will it cost? Keep in mind that changing the homes architectural style is not easy and can be very expensive.

A home buyer should always think about every aspect of a home before choosing to purchase it. It’s important to ask the advice of real estate experts to ensure that when you do buy a new home; your home not only meets your needs but is also a good investment.

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