Home inspections

30 Mar

Posted by Admin as Articles

The Beauty of Home Investment | Home Inspection Checklist
You should begin by looking into cheapest home insurance quote. Have you already tried Property Development? Many people have tried it and some succeeded but. read more…

$500 in FREE Groceries… : homeinspectionwebdesign.com
So if your home inspection is under $500.00 (Most standard homes are way below this) We will give you a certificate for 500.00 in Groceries from a grocery store of your choice. Your home inspection then becomes free. … read more…

Browntree Home Inspections: XTend ladder for your home or work.
Browntree Home Inspections. Residential Home Inspection company in Atlanta Georgia. www.browntree.net … Brodie Brown: Marietta, GA: Atlanta Georgia Home Inspector 678-777-0707 brodie@browntree.net. View my complete profile … read more…

From Google Blog Search

Rust in electrical service panels
As part of the requirements for a properly performed New Jersey home inspection the electrical service panel cover is to be removed. The New Jersey home inspector is required to inspect the internal e… read more…

Rehabbing a Home That Has Aluminum Wiring
Rehabbing a home built between 1965 - 1973? Chances are the house has aluminum wiring. If so, you need to know how to deal with this situation so your costs are covered and make sure the home is safe … read more…

About Home Inspection
When buying a new home you should consider various factors. You are probably buying this house forever and so you should make sure that everything is perfect. You should carefully make a list of thing… read more…

From GoArticles.com

Tampa Home Inspections, Home Inspectors Tampa, FL

www.qci-online.com (813)298-7007 Call 24/7 To speak to a Tampa Home Inspector, For your Tampa, FL Home Inspection Company.

Open Question: Financing a fixer upper?
I’ve found a house that I really want. It’s really rough on the inside, the ceiling plaster has cracked and fallen in a couple places, therefore it will not pass inspection. Are there loans for homes that don’t require inspections? My husband is a carpenter, so it will all be relatively easy to be fixed. Also the loan amount would only be $16,700. My grandpa is going to try to get the money for it, but if he can’t I need another approach. Any ideas help!

Open Question: If we have the sale price lowered on a home for repairs can we still borrow the original offer price?
We are in escrow on a REO home in Lancaster, CA that we offered 200,000 and as part of the escrow process it was officially appraised for 210,000. During our home inspections we found that there was a leak from the master bath where a few tiles had come loose (we think the previous owner accidentally knocked a hole in the backer board when redoing the drywall on the opposite side of the wall). After seeing this we had a mold inspection (which came back positive for water damage and common mold in the drywall), and have an estimate by a licensed mold remediation contractor for the repairs. Our Realtor has told us that the bank should lower the home price for the costs of the repair but my question is whether we can still borrow our original offer price and use the extra cash to make the repairs. Due to our financial situation (banks don’t want to count capital gain as income anymore), we are already putting 60,000 down for the loan and it would make more sense for us to get the extra cash from the loan then to take it from our personal saving. Is this doable especially considering the house is worth more than the adjusted price would be after we negotiate for the repairs?

Please don’t post anything trying to get me not to buy the house. This is the perfect house for us and all other inspections have come back fine. Once the repairs are made the problem will be fixed and it’s not worth walking away from the perfect home because of something fixable.
Just to clarify why I think this may be possible. I know you can borrow against the equity in a house you already own and this home is appraising for more than our offer. The lowered home price we be counted as a “credit” for needed repairs, although I’m not sure on the details on how this works. Also in response to one answer about the ability to actually buy the house, yes it is able to be bought and the banks actually have protocols for reducing prices based on mold.

Oh and thanks for the one “yes” answer but do you have any more detail to add?