Inspection For Your Home And When Is It Done

A home inspector job is to look over the home from top to bottom. The buyer has the choice of whether to have an inspection completed or not, but it’s always highly recommended. The home inspector will provide a written statement with results to the buyer. The home inspection process should always take place before the end of the option period. Therefore, if the inspection report shows the house in a different light, you can walk away without losing the earnest money.   

Homes For Sale In Katy

What To Expect During A Home Inspection:

  1. A home inspector will look at interior plumbing, HVAC system, and electrical systems. They will inspect the roof, windows and doors, floors, attic, basement, and structural components.
  2. A home inspection takes typically two to four hours but may take longer depending on the home size.
  3. We advise buyers to attend the home inspection so you can see in detail your new home and ask the inspector any questions. Buyers will get more informative information than just reading a report.

Home Inspection Checklist: 

According to the American Society of Home Inspectors’ (ASHI), the inspector will review the following.

  1. Roof
  2. Attic, including visible insulation
  3. Walls
  4. Heating system
  5. Central air conditioning system (temperature permitting)
  6. Interior plumbing and electrical system
  7. Floors
  8. Ceilings
  9. Windows and doors
  10. Foundation
  11. Basement
  12. Structural components

Paying for an expert 

The buyer normally pays for a house inspection. However, you can negotiate the seller pays for the home inspection.

At times, sellers get a home inspection before they list their home for sale. The seller’s inspection report can provide the owner with an opportunity to fix or replace the issue before the home ever hits the market for sale.

However, we recommend that our buyers obtain their report after we have an excepted contract. We believe in always having an arm-length transaction, having an expert that does not have any ties with the seller or seller’s agent.   

Why Sell With Terra Point Realty

How much is a home inspection  

HomeAdvisor has the national average cost for a home inspection right around $336. In the Greater Houston Area, like Fulshear, Texas, the price comes in about $278 to $399. Low-end start around $200 to the high end of $500. The actual cost also depends on where the home is, as well as the home’s size. Some home inspections have a fixed price for homes up to 2000 square feet and will add $25 for every 500 square feet.

Remember, the cheapest isn’t always the best. Even though Texas requires a license to be a home inspector, ensure the inspector is sufficiently qualified and has the experience. Picking an ASHI member may add some reassurance on who to pick. Your ASHI home inspector holds themselves to a standard of being competent and ethical.  

 

Homes for sale in Fulshear

 

Can there be other types of inspection costs

Buyers are sometimes advised in the inspection report to have other types of home inspections done. There may be a need to obtain other specialty reports concerning the possible presence of:

  • Mold
  • Lead Piping or Paint
  • Termites
  • Asbestos
  • Radon

Asbestos and lead were commonly used in constructing older homes. These construction materials are not legal for use in newer homes. Sometimes buyers will require the inspector to check the sewer pipes with a camera.  

How long does a home inspection take

In the Greater Houston Texas area, the home inspection varies, depending on several factors:

  1. Number of defects
  2. The size of the house
  3. How the homeowner has prepared the home for inspection
  4. The attention to detail of the inspector

Expect two to four hours for your home inspection unless there are unusual circumstances.

Tip 23 For Buying Your Dream Home in 2019

 

Pay for a Home Appraisalapproved

A home appraisal is a critical component of getting a mortgage. It provides the lender with the current market value of the property. The home’s maximum financial cost is the collateral for your loan, and it determines how much money a lender is willing to loan you. The lender often arranges for the appraisal, but in most cases, the buyer pays the bill.

Family Sitting on Couch 300x232

Tip 22. Arrange for a Full Home Inspection

Tip 22, Once the sellers accept your offer, you should arrange for an inspection of the entire home. Don’t take anything for granted. Even if you flushed the toilet and ran the shower, a plumbing problem could still exist. The inspector can evaluate the property’s structure, utilities, and safety issues. The inspection report is going to list any visible problems that have been discovered, giving you the information you need to move forward with your home purchase.

terrapointrealty

25 Tips For Buying Your Dream Home in 2019 – Series

 

tips for buying your dream home in 2019 – series continued…

20. Start Looking at Homes

Once you are ready to begin your search, let your agent know what your availability is. It is essential to look at as many homes as you can. Doing so allows you to avoid the regret that often follows when buyers purchase the first or second home that they see.

Tip 19 For Buying Your Dream Home in 2019 – Series

 

beverage 3157395 1920

19. Figure Out the Type of Home You Want

It is important to let your real estate agent know if there are any styles of homes you don’t want to consider. For example, if you don’t want to live in a rancher, then you shouldn’t go to a showing for one. Figure out the different styles of construction that you are willing to consider and let your agent know.

You may also want to consider whether or not this is going to be a starter home or if it is going to be the forever home. If you are planning to live there for just a few years.  Then you can be more flexible with your choices.

picking a neighborhood

25 Tips For Buying Your Dream Home in 2019

25 tips for buying your dream home in 2019 – series continues…

 

18. Begin the Process of Picking a Neighborhood

Selecting your future neighborhood is an essential component of buying your dream home. Picking where you want to live before you begin searching for homes helps to minimize the risk of finding the perfect home but in a less-than-desirable location. Make a list of all of the essential features you need. This list may include details such as being located within a certain driving distance of your place of employment or inside of a highly rated school district.

Once you have those aspects figure out, you can make a list of secondary features that are desirable but not necessary. For example, you may like the idea of having mature trees in the yard, but they aren’t required for you to make an offer. Both of these lists guide your agent. As a result, more of the homes you look at should meet your specifications.

Thankful Thursday

 

Thankful Thursday, there is always something to be thankful for.

Not just because it is Thursday, but because it is a new day!

It’s the little things in life.

approved

25 Tips For Buying Your Dream Home in 2019 – Series

25 tips for buying your dream home in 2019 – series continues…

 

17. Go Through the Pre-approval Process for a Mortgage

Any offer that you make to buy a home is stronger if you have a pre-approval letter. Therefore you have two options that you can choose. The first option involves a simple credit check and financial review. As a result, to determine an estimate of how much money you can borrow.

The second option is an underwritten pre-approval. This involves a more thorough investigation of your financial capabilities. Therefore,this type of approval is looked upon more favorably by sellers than a fast pre-approval.  The underwritten pre-approval involves credit check,fraud review, and an evaluation.

WishListWed header

 

Wish List Wednesday! So what’s on your wish list?

 

Dandelion GettyImages 135558263 588f7eb73df78caebc084c58

 

Wish away! Remember anything is possible.

Finding a mortgage lender

25 Tips For Buying Your Dream Home in 2019- Series

 

25 tips for buying your dream home in 2019 – series continues…

16. Select a Mortgage Lender

Once you’ve done your research and found a lender offering the lowest rates. Then it’s time to begin working with this company for pre-approval. Before making your final decision. Be sure to take a few moments to read the online reviews provided by other borrowers.  Doing so should help you find the best lender for your needs. Ideally, it would be best if you look for a lender offering low-interest rates, transparency regarding fees, and quick turnaround time.

Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern