|
Inspect It Yourself
The importance of performing your own inspection of a home
before you decide to purchase it cannot be understated. Your personal inspection
allows you to pinpoint any potential problem areas that could cause you to
change your mind about whether or not you want to buy the house. Because more
eyes mean a more thorough inspection, it's a good idea to perform one inspection
yourself and ask your family member or friend to perform one, as well. You'll
each find details that your counterpart failed to notice.
In general, you're looking for such details as structural
cracks, musty smells, rotting floorboards, wet walls, roof leaks, peeling paint,
cracked windows, broken appliances (including air conditioning and heating
units), quality of tile, carpeting and other flooring material, and/or any
aesthetic (such as floor plan convenience, landscaping or general home
maintenance) or structural details that would decrease the value of the home.
The following points provide a general guideline for your
inspection. By all means, add additional criteria based on your own preferences.
(1) Does the home have enough
closet space, or do you think you'll need
to build additional closets? What about the number of bathrooms?
Would the home be able to accommodate the addition of another
bathroom elsewhere in the home? Most important, would you be willing to
invest the money in such a project?
(2) How far
is the master bedroom to the other bedrooms? Does
the layout allow for relative privacy? Are the bedrooms located
near living areas, which could cause a problem for children trying to
sleep? Are the bedrooms configured in such a manner that you're limited to
one or two variations of furniture arrangement? Or do you have flexibility
in where you place your beds, dressers, desks and bed tables?
(3)Does the kitchen provide you adequate
space for cooking?
Entertaining?
What about the eating area? Will your family be cramped? Can
others move freely around the table while people are seated? Does the
oven door or refrigerator door project into a common area where traffic will
be moving?
(4)What material was used to construct the
walls and ceilings?
(5)Check windows. Are they painted shut? Can you open them easily in
the event of a fire? Can you fit through them? Do you feel a draft near the
windows?
(6)Does the house have
sliding-glass doors, which have been noted to
present a potential safety risk because of their ability to be pried open?
(7)Are doors easy to open and close? Are they equipped with
durable
deadbolt locks?
(8)Check the circuit breakers.
(9)If the home has carpeting, is the
carpeting placed over a padding
on top of the foundation; or is it covering hardwood floors? What
kind of wood? Chances are you can pull up the carpeting, give the floors a
good cleaning, and you'll have a beautiful, durable surface for your
home. You may consider asking the owner to refinish the wood floors before
you move in (get that promise in writing if the owner consents). If the home
has oak parquet floors, watch out for any 'peaks' caused by excessive
moisture.
As you walk around the home and reflect upon your inspection
later, jot down any features, architectural, interior amenities or other details
- you believe will increase the home's value. Make a master list of flaws and/or
potential problems. Keep a running list of these, as well. If you're comparing
multiple homes, seeing this side-by-side cost comparison can be an amazing
decision-breaking tool for you. Of course, if the repairs aren't tremendous, if
the home is generally of solid construction and your heart is set on a
particular home, you can attempt to negotiate with your agent and the current
owner about covering the cost of repairs.
Performing this personal inspection will help you now and
later with future moves. You'll become educated about how to identify problem
spots, how to successfully negotiate their repair and ultimately, close on the
home of your dreams
|
MORTGAGE
CENTER
|
|
|
 |
|