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home inspection: The 3 things you can do as a result of an inspection (1. Continue, 2. Terminate, 3. Negotiate) - 03/25/10 01:50 PM
When purchasing a home, there are different inspections that can be performed. They include (but are not limited to): Home Inspection, Septic Inspection, Well Inspection, Survey, Appraisal, Wood-Destroying Insect Inspection. There are 3 things you can do as a result of any inspection.
•1. You may read the results and decide that everything is fine and you wish to continue.
•2. You may determine that as a result of an inspection, you wish to terminate the deal. If you choose this route, you will receive your earnest money back. This is usually reserved for items that are serious. A structural problem … (2 comments)
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home inspection: Difference between Appraisal and Home Inspection - 01/26/10 11:50 AM
I sometimes have customers confusing an Appraisal and a Home Inspection so I thought that I would clarify this for you.
An Appraisal is an opinion of value used most often by a bank who wants to ensure that they are not giving a loan for more than the value of the property. If a Buyer is paying cash, they may request an Appraisal to ensure that they are not overpaying for the property. Generally, The Bank requests the Appraisal and the Buyer pays for the Appraisal which is sent directly to the Mortgage processing department.
A Home Inspection is not … (1 comments)
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home inspection: Home Inspection Explanation - 01/19/10 10:03 AM
One of the first things done after getting a property "Under Contract" is to have a Home Inspection. I occasionally get a buyer who does not want a Home Inspection. To me, it is the best money ever spent. If you REALLY do not want a home inspection, I will make you sign a document that says that although I encouraged you, you chose to not get an inspection and that you will not hold me or my Broker liable for any problems at the property. We feel that they're that important.
A good Home Inspector will show you how the … (3 comments)
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home inspection: Home Inspection Explanation - 12/17/09 01:51 PM
December 17, 2009
Today's blog is about our next Purchase Agreement topic, "What are your options as a result of a Home Inspection?"
One of the first things done after getting a property "Under Contract" is to have a Home Inspection. I occasionally get a buyer who does not want a Home Inspection. To me, it is the best money ever spent. If you REALLY do not want a home inspection, I will make you sign a document that says that although I encouraged you, you chose to not get an inspection and that you will not hold me or my … (3 comments)
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home inspection: The Home Inspection Process - 10/27/09 10:52 AM
October 27, 2009
Home Inspection Process
Not only will you want to have a home inspection done for your own sake, and peace of mind, but most lenders will require that you have a home inspection before they will proceed with the loan. The lending institution has just as much interest in the home as you do, so that is why they require a home inspection.
Getting a home inspection requires hiring a company to send out a home inspector to go through the home you are going to purchase. With you present, the home inspector goes through the home, … (2 comments)
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home inspection: The 3 things you can do as a result of an inspection (1. Continue, 2. Terminate, 3. Negotiate) - 05/18/09 06:01 PM
May 18, 2009
When purchasing a home, there are different inspections that can be performed. They include (but are not limited to): Home Inspection, Septic Inspection, Well Inspection, Survey, Appraisal, Wood-Destroying Insect Inspection. There are 3 things you can do as a result of any inspection.
•1. You may read the results and decide that everything is fine and you wish to continue.
•2. You may determine that as a result of an inspection, you wish to terminate the deal. If you choose this route, you will receive your earnest money back. This is usually reserved for items that are serious. … (1 comments)
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home inspection: Difference between Appraisal and Home Inspection - 03/24/09 12:03 PM
March 24, 2009
I sometimes have customers confusing an Appraisal and a Home Inspection so I thought that I would clarify this for you.
An Appraisal is an opinion of value used most often by a bank who wants to ensure that they are not giving a loan for more than the value of the property. If a Buyer is paying cash, they may request an Appraisal to ensure that they are not overpaying for the property. Generally, The Bank requests the Appraisal and the Buyer pays for the Appraisal which is sent directly to the Mortgage processing department.
A Home … (3 comments)
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home inspection: Home Inspection Explanation - 03/16/09 11:42 AM
March 16, 2009
Market Note: Is it possible that things are picking up? I had an appointment for a Market Analysis at 9:00, pick up keys (and try to list) at a For Sale By Owner at 10:00, 11:00 show a house, 1:00 floor time and 5:15 show a house. Now that feels like 2007!
But today's blog is actually about our next Purchase Agreement topic, "What are your options as a result of a Home Inspection?"
One of the first things done after getting a property "Under Contract" is to have a Home Inspection. I occasionally get a buyer who … (4 comments)
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Linda Ferrara
Silver City,
NM
More about me…
Coldwell Banker Enchantment Realty
Address: 501 Silver Heights Blvd., Silver City, NM, 88061
Office Phone: (800) 456-3132 x 12
Cell Phone: (575) 519-9249
Email Me
Everything you wanted to know about Silver City, NM including area events, popular activities, relocation information, home buying ideas and much more!
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