Home Inspection For Home Buyers

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Home Inspection For Home Buyers : Home : Realty Today

So your offer for a house in a really cool neighborhood just got accepted. However, the house is a bit old and your real estate agent says that a home inspector may refer you to other inspectors. Now, you’re just all confused.

Just what exactly are the home inspections that a buyer should do? Well, your real estate agent should have the knowledge on the types of home inspections that are generally conducted in your area. But generally, home inspectors look for defects, and if they detect something unusual that is not in the scope of their expertise, they are likely going to suggest for a more specialized inspection.

Here are just some of the types of home inspection that buyers can do according to About Home:

Wood destroying pest

Wood destroying pets are a household in any part of the country, especially in areas with warmer climate. A pest inspection will reveal termites, powder post beetles, and even a dry-rot.

Chimney

An inspector’s job is to ensure that the chimney is still working well to discharge smoke. Sometimes, older chimneys lack flue liners and the inside brick may have already begun to crumble.

Electrical

A home inspector could tell the age of an electrical box and whether it still complies with the city code, while an electrician is the right person to tell the best brand to replace it with and the cost of the replacement.

Heating and air conditioning

An HVAC specialist is able to tell why the furnace is malfunctioning as well as how much it will cost to repair it or whether replacement is a far better option.

Lead-based paint

Since 1978, lead-based paint use has been prohibited by the federal government, however, there’s still a possibility of use for homes newer than 1978. You can have a home tested for lead-based paint, and a lead abatement contractor can help with its removal.

Square footage

Public records are human inputs, so if you want to verify a property’s square footage, you can either do it yourself or you can hire an appraiser.

Foundation

If you want to know whether a home is built on a slab or a raised foundation, hire a home inspector. But, a foundation engineer is the right person to tell if the home is sliding or if the foundation is faulty.

Roof inspection

It is important to get a roof certification especially on an older roof. Get a reputable company that is likely to still be in business if you have a claim for later.

Mold

Have the air quality tested if you want to check for mold. There are many different kinds of mold and they could pose health problems even in healthy individuals.

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How To Boost Your Credit Score Before Buying A Home

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How To Boost Your Credit Score Before Buying A Home : Home : Realty Today

If you have a good credit, your chance for buying a home is significantly increased. So here are some tips on how you can boost your credit score before buying according to Trulia:

Get your hands on your credit report

Make sure to get your hands on your credit report now. One way to easily solve problems is by finding out about them ahead of time – any issues, both serious and minor ones, can sometimes take a long time to fix.

Mistakes happen: get them fixed

 

1. Pay all credit balances every month in full. Even if the balance is only a few cents.

2. Set up some kind of credit monitoring

3. Work with vendors and credit agencies in case you run into issues

4. Use only 30/35% of available credit

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Over 10-Year View, Home Sales Are Strong

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Over 10-Year View, Home Sales Are Strong | Realtor Magazine

The National Association of REALTORS® finds that July 2015 existing-home sales are markedly higher than the 10-year July average. The 10-year average is an average of the data from the past 10 July months.

Median home price is higher than the 10 – year average, per NAR.

 

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Over 10-Year View, Home Sales Are Strong

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Over 10-Year View, Home Sales Are Strong | Realtor Magazine

The National Association of REALTORS® finds that July 2015 existing-home sales are markedly higher than the 10-year July average. The 10-year average is an average of the data from the past 10 July months.

Median home price is higher than the 10 – year average, per NAR.

 

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