Home inspection services

18 Mar

Posted by Admin as Articles

5 Key Elements to a Good Home Inspection in Toronto – Part 4 …
So during your home inspection, make sure your home inspector has his book which will give him the serial number and date your furnace was built! This is really important information and your insurance company is going to want to know … read more…

Home Inspection: Deal-Breakers? Lenders Supplant Home Inspectors …
Its pretty much a given that most real estate agents looks at the buyer’s home inspection as the last potential monkey-wrench to be thrown into their real estate deal. And, while wearing my home inspector hat, I’ve been in more than one … read more…

Lightweight Strollers: Protect Yourself with a Home Inspection
These services are not always available. Make sure to protect your investment. Get a home inspection before you buy your next home! http://www.realestatelicense.com http://www.homeinspectioncourse.com … read more…

From Google Blog Search

Selling Your Customer on an Apartment or Condo
The leasing agent?s main jog is selling the customer on an apartment or condo. It takes a certain flair, and not everyone has the ability. Nonetheless, even tried and true salespersons can benefit f… read more…

A Home Inspection Is Not a Guarantee
In these uncertain times we all want a guarantee for the products and services we purchase. For most items that?s not a problem. Cars and flashlights, shirts and shovels, computers and food all come w… read more…

Products 4 Testing- the perfect place to savor both excellence and functioning
PAT testing is a legal necessity in many nations across the world such as the United Kingdom. PAT testing includes regular checks of the portable appliances and electrical gadget on normal intervals. … read more…

From GoArticles.com

Open Question: 1.To be impartial and lawful, a pre-inspection agreement must be?
a. paid for by the lender
b. signed by the real estate agent
c. used within 30 days
d. negotiable and capable of being altered

2. The Standards of Practice published by the American Society of Home Inspectors (ASHI) are quite inclusive and
a. describe the procedures used in a termite inspection
b, explain that inspectors may never examine heating systems
c. can be referred to in court if necessary.
d. list the fees inspectors must charge for their services.

3. Another term for a reinspecting agreement is
a. standard of practice
b. pre-sale inspection
c. scope of work
d. partial inspection

4. The two step process of reporting includes
a. on-site inspection and the job order form
b. report writing and payment for services
c. data collection and report writing
d. the pre-inspection agreement and the on-site report

5. According to most standards of practice guidelines, which of the following home components should you include in your inspection
a. walkways
b, driveways
c. fences
d. attached garages

6. Based on most standards of practice,which of the following home components should you include in your inspection
a. Burglar alarms
b, Appliances
c. Door locks
d. windows

7. Based on most standards of practice guidelines, which of the following home components should you include in your inspection
a. privacy walls
b. attached decks
c. swimming pool wiring
d. home protection systems

Open Question: Made an offer on countrywide owned home, addendum says I waive the right to avoid sale due to condition, etc..?
One part says I waive my right to avoid the sale of the home. Another part says I should get a home inspection done within 10 days and then have 5 days after showing to seller to revoke contract if I don’t like it. I received this today (saturday) and the seller (countrywide) says I have to sign and return by Monday - the first business day I could possibly get a home inspection when the utilities won’t even be turned on…. HELP! Does this addendum say what I think it says? btw, my financing was accepted as FHA

Copy of addendum:
BUYER (Initials)________________ - 1 -
SELLER (Initials)_______________
Revised 3/06
REO #____________________
Countrywide Home Loans, Inc.
REAL ESTATE PURCHASE ADDENDUM
This Real Estate Purchase Addendum (“Addendum”) is to be made part of, and incorporated into, the Real Estate Purchase
Contract dated ___________________________ (”Contract”) between
(”Seller” and the term “Seller” shall also include Countrywide Home Loans, Inc.) and
(”Buyer”) for the property and
improvements located at the following address:
(”Property”). Buyer and Seller may each be referred to herein as a “Party” and collectively as the “Parties.”
The Contract and this Addendum together constitute the “Agreement”.
The Seller and the Buyer agree as follows:
1. LIMITATION OF SELLER’S LIABILITY AND BUYER’S WAIVER OF IMPORTANT RIGHTS:
BUYER UNDERSTANDS AND ACKNOWLEDGES THAT SELLER HAS ACQUIRED THE PROPERTY
THROUGH FORECLOSURE, DEED-IN-LIEU OF FORECLOSURE, OR SIMILAR PROCESS, SELLER
HAS NEVER OCCUPIED THE PROPERTY, AND SELLER HAS LITTLE OR NO DIRECT KNOWLEDGE
ABOUT THE CONDITION OF THE PROPERTY. BUYER AGREES THAT BUYER IS BUYING THE
PROPERTY “AS IS” (AS MORE FULLY SET FORTH IN SECTION 13 OF THIS ADDENDUM).
NOTWITHSTANDING ANY PROVISION TO THE CONTRARY IN THE AGREEMENT, SELLER’S
LIABILITY AND BUYER’S SOLE AND EXCLUSIVE REMEDY IN ALL CIRCUMSTANCES AND FOR
ALL CLAIMS (AS THE TERM IS DEFINED IN SECTION 26 OF THIS ADDENDUM, AND ALL
REFERENCES IN THIS ADDENDUM TO “CLAIMS,” “CLAIM,” “Claims,” or “Claim” SHALL HAVE
SUCH MEANING) ARISING OUT OF OR RELATING IN ANY WAY TO THE AGREEMENT OR THE
SALE OF THE PROPERTY TO BUYER INCLUDING, BUT NOT LIMITED TO, SELLER’S BREACH OR
TERMINATION OF THE AGREEMENT, THE CONDITION OF THE PROPERTY, SELLER’S TITLE TO
THE PROPERTY, THE OCCUPANCY STATUS OF THE PROPERTY, THE SIZE, SQUARE FOOTAGE,
BOUNDARIES, OR LOCATION OF THE PROPERTY, ANY COST OR EXPENSE INCURRED BY
BUYER IN SELLING A CURRENT OR PRIOR RESIDENCE OR TERMINATING A LEASE ON A
CURRENT OR PRIOR RESIDENCE, OBTAINING OTHER LIVING ACCOMMODATIONS, MOVING,
STORAGE OR RELOCATION EXPENSES, OR ANY OTHER COSTS OR EXPENSES INCURRED BY
BUYER IN CONNECTION WITH THE AGREEMENT SHALL BE LIMITED TO NO MORE THAN:
(A) A RETURN OF BUYER’S EARNEST MONEY DEPOSIT IF THE SALE TO BUYER DOES NOT
CLOSE; AND
(B) THE LESSER OF BUYER’S ACTUAL DAMAGES OR $5,000.00 IF THE SALE TO BUYER CLOSES.
BUYER SHALL NOT BE ENTITLED TO A RETURN OF BUYER’S EARNEST MONEY DEPOSIT IF
BUYER MATERIALLY BREACHES THE AGREEMENT.
BUYER AGREES THAT SELLER SHALL NOT BE LIABLE TO BUYER UNDER ANY
CIRCUMSTANCES FOR ANY SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES
WHATSOEVER, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE AND STRICT
LIABILITY), OR ANY OTHER LEGAL OR EQUITABLE PRINCIPLE, THEORY, OR CAUSE OF
BUYER (Initials)________________ - 2 -
SELLER (Initials)_______________
Revised 3/06
ACTION ARISING OUT OF OR RELATED IN ANY WAY TO ANY CLAIM, INCLUDING, BUT NOT
LIMITED TO, THE AFOREMENTIONED CLAIMS.
ANY REFERENCE TO A RETURN OF THE BUYER’S EARNEST MONEY DEPOSIT CONTAINED IN
THE AGREEMENT SHALL MEAN A RETURN OF THE EARNEST MONEY DEPOSIT, LESS ANY
ESCROW CANCELLATION FEES APPLICABLE TO THE BUYER UNDER THE AGREEMENT AND
LESS FEES AND COSTS PAYABLE FOR SERVICES AND PRODUCTS PROVIDED DURING ESCROW
AT THE BUYER’S REQUEST. TO THE FULLEST EXTENT PERMITTED BY LAW THE BUYER
WAIVES ANY CLAIMS THAT THE PROPERTY IS UNIQUE AND THE BUYER ACKNOWLEDGES
THAT A RETURN OF ITS EARNEST MONEY DEPOSIT CAN ADEQUATELY AND FAIRLY
COMPENSATE THE BUYER FOR ALL CLAIMS. UPON RETURN OF THE EARNEST MONEY
DEPOSIT TO THE BUYER, THE AGREEMENT SHALL BE TERMINATED, AND THE BUYER AND
THE SELLER SHALL HAVE NO FURTHER LIABILITY, OBLIGATION, OR RESPONSIBILITY TO
EACH OTHER IN CONNECTION WITH THE AGREEMENT. IF THE SALE TO BUYER CLOSES AND
SELLER COMPENSATES BUYER AS PROVIDED ABOVE FOR BUYER’S ACTUAL DAMAGES, IF
ANY, THEN THE BUYER AND THE SELLER SHALL HAVE NO FURTHER LIABILITY,
OBLIGATION, OR RESPONSIBILITY TO EACH OTHER IN CONNECTION WITH THE
AGREEMENT.
SELLER’S LIMITATION OF LIABILITY AND BUYER’S WAIVERS PROVIDED IN THE AGREEMENT
ARE A MATERIAL PART OF THE CONSIDERATION TO BE RECEIVED BY THE SELLER UNDER
THE AGREEMENT AS NEGOTIATED AND AGREED TO BY THE BUYER AND THE SELLER.
THE BUYER FURTHER WAIVES THE FOLLOWING, TO THE FULLEST EXTENT PERMITTED BY
LAW:
(A) ALL RIGHTS TO FILE AND MAINTAIN AN ACTION AGAINST THE SELLER FOR SPECIFIC
PERFORMANCE;
(B) RIGHT TO
Looks just like this: http://www.placercountyhomesandland.net/files/countrywide_real_estate_purchase_addendum.pdf

This is a generic copy I found, but it is the same exact one I was given. We are getting FHA loan and they accepted our offer on the house… and then sent the addendum. On one part it says we waive the right to stop sell of property due to condition, structure, etc. On another it says we have 10 days to get inspection? Does this mean we can’t get out of contract even if the inspection turns out bad? I just got this paper today (saturday) and they said they have the have it back by Monday - the first day I could possibly get an inspection done when the utilities won’t even be turned on yet. WHAT TO DO?

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