Real Estate Inspection Tips

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Whats New

 

Tax Credit Closings Extended

The Senate voted last week to extend the closing to September 30th for those under contract to purchase a home and receive the home buyer tax credit.

This extension is for those that met the April 30th purchase contract deadline and nows extends the time to close to the end of September rather than the end of June.  

   

 

Current News

 

Keller Williams Kingwood Concert Series

Mark your calendars for the Keller Williams free concert series at Kings Harbor.  NEW Summer concert series is every Thursday night from 6-9pm.   Please join us for live entertainment and balloon animals, face painting, and a clown for the kids!  The regular montly Keller Williams concert series upcoming events are on the 3rd Friday of each month with the next events on Aug 20th, Sept. 18th, and Oct. 16th.

   

 

Recent News

 

HUD Homes Just Got More Affordable

FHA announces special incentives for HUD homes in Texas.  Purchase a home for only $100 down payment!

This special program is available to owner occupant homebuyers when purchasing a property at full price and using FHA insured financing.   Learn more about this great program at the HUD web site.   

 

   

 

Tips for a Home Inspection

 

A Home Inspection is Well Worth The Cost

The inspection is not designed to criticize every minor problem or defect in the home. It is intended to report on major damage or serious problems that require repair. Should serious problems be indicated, the inspector will recommend that a structural engineer or other professional inspect it as well.

Your home cannot “pass or fail” an inspection, and your inspector will not tell you whether he/she thinks the home is worth the money you are offering. The inspector’s job is to make you aware of repairs that are recommended or necessary.

The seller may be willing to negotiate completion of repairs or a credit for completion of repairs, or you may decide that the home will take too much work and money. A professional inspection will help you make a clear-headed decision. In addition to the overall inspection, you may wish to have separate tests conducted for termites or the presence of radon gas.

In choosing a home inspector, consider one that has been certified as a qualified and experienced member by a trade association.

We recommend buyers being present at the inspection. This is to your advantage. You will be able to clearly understand the inspection report, and know exactly which areas need attention. Plus, you can get answers to many questions, tips for maintenance, and a lot of general information that will help you once you move into your new home. Most important, you will see the home through the eyes of an objective third party.

 

Questions to Ask a Home Inspector

Most people probably only think of one or two questions to ask a home inspector: “How much is your fee?” and “When can you be there?” But these only scratch the surface.

Here's a list of suggested questions you might ask:
  • What types of licenses do you hold?
  • What kind of training do you have?
  • Do you belong to a professional inspectors' association?
  • How long have you been licensed in Texas?
  • Are you a full-time home inspector?
  • How much do you charge?
  • Do you also perform repairs?  (If the answer is yes, that may indicate a conflict of interest.)
  • What will the inspection include?  (Get specifics.  It should include the electrical, heating, and central air-conditioning systems,; interior plumbing, visible insulation, roof, walls, ceiling, floors, windows, doors, foundation, and visible structure of the house.)
  • Do you inspect gas lines, swimming pools, spas, septic systems, and wells? (You can identify other typical systems or items.)  Do you charge extra for these?
  • Do you charge based on the size of the home? Multiple AC units? Other items?
  • How much would you charge if I ask for a reinspection after repairs are completed?
  • Will you supply a written report? (The inspector should.)
  • Can I attend the inspection?  The home inspection is an opportunity for you to learn about your new  home and ask questions.  If the inspector says no, find another inspector.)
  • Do you go up on the roof to inspect it?
  • How long will the inspection typically take? (Anything less than two hours is not long enough for a thorough inspection.)
  • Can I call you with questions that come up later?
  • Can you give me names and phone numbers of three people for whom you've inspected homes for recently?

The inspector may not inspect swimming pools, wells, septic tanks, and other systems and items, and many inspectors will not conduct environmental test or wood-destroying insect inspections.  You will likely need to arrange for these inspections separately.

You can find a blank copy of the standard inspector report form at www.trec.state.tx.us to give you an idea of what may or may not be covered in the inspection.

For distribution for Texas Realtors®. © 2004 by the Texas Association of REALTORS®. All rights reserved

Texas Association of Realtors