Our Real Estate Blog
A home inspection often plays a key role in the homebuying journey. If an inspection shows that there are no underlying problems with a house, you should have no trouble moving forward with a home purchase. On the other hand, if an inspection reveals a variety of structural problems with a house, you may need to reconsider your purchase decision.
Ultimately, a homebuyer who knows what to expect during a home inspection can plan accordingly. This buyer also may be better equipped than others to accept the results of an inspection and make an informed choice about whether to move forward with a home purchase.
What does it take to achieve the best-possible results during a home inspection? To find out, let's take a look at three tips to ensure you can prep for a house inspection.
1. Hire an Expert Home Inspector
There is no shortage of home inspectors available in cities and towns nationwide. However, employing an expert home inspector will require you to conduct an in-depth search.
When it comes to finding an expert home inspector, it pays to search far and wide. Because if you have an expert home inspector at your side, you can boost the likelihood of identifying major and minor house issues during an inspection.
2. Assess Every Area of a House
Oftentimes, a home inspection takes several hours to complete, and for good reason. In order to fully evaluate a residence, you'll want to be diligent. That way, you can minimize the risk of missing potential problems as you perform a home assessment.
As you walk through your house with an inspector, don't hesitate to ask questions too. In fact, a home inspector may be able to provide insights into home problems and repairs that you might struggle to obtain elsewhere.
3. Collaborate with a Real Estate Agent
A real estate agent can help you find your dream house, as well as put you in touch with the top home inspectors in your area. Plus, this housing market professional likely will walk through a house with you during an inspection to ensure you can get the support you need to make an informed homebuying decision.
Furthermore, a real estate agent is happy to consult with you before and after a home inspection. Prior to an inspection, a real estate agent will help you put together a plan to assess a house. Meanwhile, after an inspection, a real estate agent can discuss the inspection results with you and help you determine the best course of action.
Let's not forget about the assistance that a real estate agent can provide throughout the homebuying journey, either. This housing market professional can help you streamline your search for your dream house, submit a competitive offer on a residence and ensure you can purchase a terrific house at a budget-friendly price.
A home inspection may seem daunting at first. Luckily, if you plan ahead for a home inspection, you can use the assessment to gain the insights that you need to determine whether a house is right for you.
The benefits of having an outdoor heater cannot be over-emphasized as it significantly impacts the amount of time you spend enjoying your outdoor space during colder weather. There are critical factors to consider when choosing the right outdoor heater.
The Location of The Outdoor Heater
To determine which type of outdoor heating you need, first, decide where you plan to use the heater. Will it be stationary or moved around your property? With this information in hand, you can choose the outdoor heating that best suits your expectations and your criteria.
For example, if you want an outdoor heater installed on the terrace of your garden, patio, gazebo, or other fixed places and don’t plan to move it often, consider opting for an inline gas patio heater. If you like the flames of a gas unit but need it to be portable, opt for a freestanding LP unit. These are heavier and more stable.
If you are looking for a light, space-saving, easily transportable and CO2-free outdoor heating system, then choosing an electric patio heater, an electric heating parasol or a fire pit is best.
The Power of Outdoor Heating
It is crucial to consider the power source of the outdoor heater and its manufacturing material. Be aware that outdoor gas heaters generally produce more heat than electric heaters but are slower in rising in temperature. On the other hand, electric outdoor heaters heat up nearly instantly. For materials, choose stainless steel if you live near the sea or in the mountains to protect against corrosion. Also, note that vertical heat tends to provide more comfort than horizontal units.
Radiation of Outdoor Heating
Different outdoor heaters have a specific range or heating area for which they. Let the surface or area you want to heat influence the choice of your outdoor heating: small garden furniture, dining terrace, large garden furniture, and so forth. For example, an outdoor gas heater is more suitable if the area to be heated is large. Guarantee your outdoor enjoyment by having a professional review your needs to see if a permanent installation (gas or electric) or a mobile option will better meet your needs.
Always remember to protect your outdoor heater from moisture, dust, rain, or ice. Visit your local patio or outdoor living specialty store to explore your options. If outdoor living is important to you, make sure to let your agent know so that homes with exterior entertainment space take priority in your viewing schedule.
Two terms that you may have heard when talking about real estate is fair market value and assessed value. These two terms are not the same or even interchangeable terms.
The assessed value of a home can often be higher than the price the house is being sold. These properties can often be seen as a “bargain” in the real estate community. The problem is that this is often a red flag. The property may be overassessed by the town which means the taxes are higher than necessary.
Homes can also be listed at a higher price than the assessed value. Contrary to popular belief, a low evaluated cost doesn’t mean that the value of the home is less than the asking price. The asking sale price for a property is based on many factors, none of which are what the town deems the property is worth.
Fair Market Value
Fair market value is what a buyer is willing to pay with no outside influence. As a homeowner, the best way to determine the fair market value of your home is to look at what’s real estate agents call a “Comparative Market Analysis” or CMA. The agent will look at similar properties in the area that have recently sold- generally within the last six months. This analysis will often include things that the assessor doesn’t take into account when pricing a home.
When you buy a home, and the appraisal is done for the lender when the buyer is obtaining a mortgage, the purpose is specific. The lender is protecting themselves and the buyer. The lender wants to be sure that the property they are lending money on has a value greater than or equal to the purchase price of the home. Appraisals are also done in this manner when homeowners are refinancing the house.
Challenging Assessed Values
Often, homeowners will buy a property and then later challenge the assessed value of a home for tax purposes especially if the owner feels that the assessed value is worlds apart from the fair market value of the home. If you believe that the assessed value is out of sync with the fair market value of the house and out of line based on the values of another home in the town, you need to file what’s called a tax abatement. Your city or town hall has all of the necessary information for submitting these forms. From there, each city and town has their own timelines for how long the tax assessor has to address this.
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