Home Inspection Helps Ensure Dream Deals Don't Turn into Nightmares

by | Mar 17, 2015 | 17, 18, 19, 2, 3, 4, 5, 8, Articles

<h2 style="margin: 10pt 0in 0pt"><font face="Verdana" size="3" color="#990000">Home Inspection Helps Ensure Dream Deals Don’t Turn into Nightmares</font></h2><p><span style="font-size: 10pt; line-height: 200%; font-family: ‘Verdana’,’sans-serif’; letter-spacing: 1pt">(ARA)<span>  </span>- You found your dream deal on a foreclosed home, but will that great price tag come with a different kind of higher cost? Buying a repossessed property, short sale or a home offered at a bargain price — because of its condition — can mean you’re assuming much higher risks.</span></p><span style="font-size: 10pt; line-height: 200%; font-family: ‘Verdana’,’sans-serif’; letter-spacing: 1pt"><p style="margin: 0in 0in 0pt" class="MsoNormal">Repossessed and short sale homes are often abandoned and neglected, leaving them with<span>  </span>much more potential for unforeseen structural defects, plumbing, electrical, heating systems, environmental issues and many other problems. Fixing these woes can cost far more than the financial savings from a distressed property purchase. There also may be unknown defects, such as mold or radon, that could affect your family’s health and safety.<span> </span></p><p style="margin: 0in 0in 0pt" class="MsoNormal"><span></span></p><p style="margin: 0in 0in 0pt" class="MsoNormal"><span><div style="text-align: center"><object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,29,0" width="425" height="282"><param name="movie" value="../images/banners/1c.swf" /><param name="quality" value="high" /><param name="menu" value="false" /><param name="wmode" value="" /><embed src="../images/banners/1c.swf" wmode="" quality="high" menu="false" pluginspage="http://www.macromedia.com/go/getflashplayer" type="application/x-shockwave-flash" width="425" height="282"></embed></object></div></span></p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">Still, it is possible to get a dream deal on a distressed home. Before you sign on the dotted line, be sure to have the house thoroughly inspected by a professional, so you can reduce these potential risks as well as financial costs. A home inspector can help you identify potential problems in the home you’re considering buying, so you know in advance what you’re getting into — and what you should walk away from.</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">There are many ways to find a home inspector, including consulting family, friends, your attorney, real estate professional or mortgage professional. You can also find information on inspectors across the country on www.ashi.org, the Web site of The American Society of Home Inspectors, the organization that sets the standards of practice for the inspection industry. </p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">Homebuyers aren’t the only ones who can benefit from a home inspection. If you’re selling your home, having it inspected before you list it may help sell your home in less time and for more money.<span>  </span>Moreover, homeowners can benefit from maintenance inspections, such as an energy inspection, which can help reduce monthly energy costs, and a home safety inspection that can help seniors stay in their homes longer.</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">If you’re thinking of hiring a home inspector, ASHI offers a few tips on how to evaluate candidates:</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">* Visit the "Find a Home Inspector" section of ASHI’s Web site to find a qualified ASHI inspector in your area. Many inspectors also list their specialties and other background information, such as their experience, on this site.</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">* Ask the inspector how he operates.<span>  </span>What format will the report be in? Ask for sample reports.</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">* Talk with each candidate to see who is the best fit for your needs and comfort, as well as for the property being inspected.</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">* Check all references. Don’t automatically go with the lowest price. Remember, the old adage is often true — you get what you pay for.</p>  <p style="margin: 0in 0in 0pt" class="MsoNormal">* Attend the inspection to ensure you get the best value — and most information — for your investment.</p><p style="margin: 0in 0in 0pt" class="MsoNormal"> </p><div style="text-align: center"><object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,29,0" width="425" height="282"><param name="movie" value="../images/banners/1b.swf" /><param name="quality" value="high" /><param name="menu" value="false" /><param name="wmode" value="" /><embed src="../images/banners/1b.swf" wmode="" quality="high" menu="false" pluginspage="http://www.macromedia.com/go/getflashplayer" type="application/x-shockwave-flash" width="425" height="282"></embed></object></div>  <p style="margin: 0in 0in 0pt" class="MsoNormal">A home inspector can be your best ally in ensuring your dream deal doesn’t turn into a nightmare. Visit <a href="http://www.ashi.org" target="_blank">www.ashi.org</a>  and take the Virtual Home Inspector Tour to see and hear more about home inspections.</p>  <p><span style="font-size: 10pt; line-height: 200%; font-family: ‘Verdana’,’sans-serif’; letter-spacing: 1pt">Courtesy of ARAcontent</span></p></span>