smartmovehome: Value and Condition go Hand in Hand
- 01/11/08 08:52 AM
Value and Condition go hand and hand just as faith and works. I could never understand why a mandatory appraisal would not involve a home inspection also. The average home inspection will approximately cost the investors one tenth of one percent of the total value of the house. The value of the house is usually determined by local comparisons, growth, surrounding area's etc. If the house is in a good area and has a great curb appeal with just a few visible deficiencies, why not buy it? After all, the bank appraised it at a higher than market value. How many more … (0 comments)
There are many homes that were built before modern codes were established or had updates done along the way that were not always safety oriented. I find more than often simple issues that should be corrected may possibly save a loss of property or even life's. Overall this a rewarding business every time I help a buyer to be aware of hazards, and help protect the selling agent from a frivolous lawsuit. The picture above is not a correction that would cause a buyer to back out of a deal, however at the same time they have a right to know how dangerous … (0 comments)
The home owner told me that the electrical panel was new. Yes it was new and loose on the wall. There was also a end table and lamp in front of it. I am not suppose to move anything so I did ask the home owner if she could move the table. This may have been why. The new owners could have had some serious issues ( life threatening). Inspectors must remove the electrical panel cover, however this could have been my last one. Look closely to the upper left corner of this panel ! Do you … (0 comments)
;)
;)
