Archive for March, 2010

WHY DO A HOME INSPECTION?

By admin · March 4, 2010 · Filed in For Buyers, Phoenix, Real Estate, Scottsdale · No Comments »

I always insist that my buyer’s have a home

inspection.  I don’t care what the price point.  I don’t care if the home is a short sale or lender owned and the owner will do NO repairs.  You need to know what to expect going in.  It’s the best money you’ll spend because knowledge is power.  In addition, buyers should also purchase a home warranty plan….at least for the first year or after.  This way if there is something major that happens, you’re covered.  The home warranty companies are doing a great job on the distressed properties.

Also, if you are an FHA buyer, there are things that the government loan program requires…i.e., no leaks in the roof or any leaks under sinks, operable hot water heater, operable furnace and A/C.  An inspector looks at everything.  While they are not licensed HVAC or plumbers or electricians, they do find the problems and bring them to your attention.  Many may be small things that you yourself can fix, but it’s good to know what you’re up against going in.

I’ve never been a big fan,  however, in this market it’s a good idea.  The home inspection process is necessary and worth the money.