Skip to main content

house inspection

The real estate industry is a multi-billion dollar sector in the United States. There are many players in each real estate transaction with home inspectors being as important as the real estate closing itself.

Families move, on the average, once every five to seven years. Also, just under 70% of all homes bought and sold in the United States are evaluated by a home inspector. Given these two statistics, the home inspection industry is a major player in most real estate transactions. Home Inspection Defined A home inspection is a non-invasive visual examination of specific components in a residential property. The general components observed or evaluated are the structure, mechanical systems, and the lot or grounds. A home inspection is not a code inspection; they can be very different.

Many states now require home inspectors to be licensed and insured. Licensed home inspectors are considered professionals. So, before selecting a home inspector, ask for their credentials and find out whether your state licenses home inspectors. The licensing state will generally require that the home inspector have a certain number of classroom hours (some actually take correspondence), attend a specified number of "dead inspection", attend a certain number of "live inspections", and pass a national test. In many states, after the test has been passed but before the home inspector performs a home inspection on residential property for resale, the home inspector must obtain Errors and Omissions and General Liability insurances.

States licensing home inspectors will typically have "Standards of Practice" or a "Code of Ethics" that the inspectors must follow. The Standards typically outline the minimum you can expect from a home inspector or what can and cannot be expected in a home inspection. For example, home inspections are generally not technically exhausted. That is, home inspectors do not necessarily inspect the cause of certain problems; they merely report that there appears to be an issue and recommend further evaluation.

Comments

Popular posts from this blog

home furnishing industry

The other day on my way to home, I was confronted with a huge billboard, boasting of the first ever 50% sale, from one of the major players in the home furnishing industry in India. Though I had no plan to buy anything, still the curiosity bug got better of me and I decided to check in, to see what was there on the offer. The rugs, curtains, towels, cushion covers, bed items, duvat covers, shams, quilts, coverlets, euro shams, pillow, bed skirts, bolsters, neck rests etc. was all made to look very attractive, in an effort to woo a buyer's impulse purchase vein. However, even after the the so called sale, it was still, steeply priced, which wasn't surprising;-) One interesting trend which I observed, was the invasion of technology and innovation in the home furnishing industry. The products on display were more durable, more stylish, more appealing by blending the latest technology features along with the comfort requirement. Another trend which caught my imagination was the...

selling our home very fast

When it comes to seeing two houses of around the same size and style on the same street just two doors apart, it really comes right down to the tastes of the individuals who view, and in this sellers can maximize their own chances of securing a fast house sale for the right price by selling their property privately. After all, who knows the strengths of your home better than you? But it doesn't stop there... Knowing what type of buyer your home will be most attractive to and setting out to make it even more attractive can massively improve your chances of getting a quick sale and a good price. Put simply: find your niche and conquer it. For instance, let's say these two homes were near a canal and that this canal was excellent for both fishing and boating. The better of the two niches there could well be fishing, owing to the number of people who live on canal boats etc. So, we would market our home as the perfect home for anglers and/or angling family. Then we would make...

realestate prokers

There is a very stiff competition in the real estate industry. More and more people have been striving hard to succeed in their endeavor. Whether you are a seller or buyer, you need to exert more effort so you can achieve your goal at the end of the day. Just like for example if you are selling your house. It may sound easy because there are already several marketing tools which you can make use of. But sometimes, these strategies need to be accompanied by the effort of the owner. Thus, you should take part in the home selling process. In modern day era, home selling is made easy. Because of the increasing rate of houses for sale, sellers need to creative and resourceful when it comes to marketing their house. The remaining paragraphs of this material will give you more ideas on how to successfully market you property to sell your home faster. Since technology has been taking part of every real estate transaction, it is best if you can join the online listings of properties for sal...