Getting A Home Inspection
Before you buy a home, whether it’s a studio condo or a waterfront estate, I'll advise you to obtain a home inspection. These days most home purchases are contingent upon a home inspection. I'll help coordinate the inspection of any home on which you have an accepted offer, and will always make sure it's performed by a licensed professional. I'm committed to being present during the home inspection and welcome your participation as well.
As a buyer, you want the assurance that the home you’re interested in doesn't have any structural or weather-related issues beyond everyday wear and tear. In pursuit of this the Home Inspector should:
- Search for any structural, mechanical and/or other flaws in the property
- Inspect all heating, air conditioning, electrical wiring, plumbing and other systems in the home
- Examine the exterior of the house, including the roof, foundation, chimney, etc.
- Look at the attic and the home’s interior for proper venting, insulation, electrical outlets, etc.
- Test all appliances and plumbing fixtures to verify they are all in working condition
- Inspect all bathrooms for moisture and/or if it has affected the areas around the tub, shower or sink
- Check for insects, termites and other pests
If you accept the findings from the home inspection, we can begin the closing process. If the home inspection uncovers problems, I'll advise you about different outcomes and help coordinate any solutions.
Getting A Home Appraisal
Your new home’s value is determined through a professional appraisal usually ordered by your lender. When it comes to determining real estate values, home appraisers take into account numerous factors, including but not limited to the following:
What do lenders look for in an appraisal?
Appraisals are important to mortgage lenders, as they want to validate both the condition of the home and its comparable market value. Typically the most thorough and accurate appraisals come from appraisers who know a particular neighborhood well and its comparative home sales - or "comps" - exceptionally well. While the selection of appraisers is randomized by regulation, I can recommend a proven lender that prefers to work with a pool of local appraisers, who are more likely to understand a property's value based on its specific location and most recent comps.
