Sunday, June 13, 2010

Tips For Home Buyers #2

Follow the home inspector around your house.

This tip can be especially helpful to first-time home buyers. Or for that matter, anyone that's unfamiliar with the various systems used to run a home. It's a great way to get acquainted with your new purchase.

Although not necessary, I often recommend to my clients that they be present during the home inspection and to feel free to ask questions. A good inspector will educate you about the home you're under contract to buy and should encourage any questions you have. After all, this is what you hired them to do. Their job is to inspect the home's structure, test all of it's systems, point out potentially hazardous situations and discover latent defects. But in the process, by following them through the house, you can discover the location and function of many of the home's mechanical, electrical and structural elements.

A complete home inspection will take anywhere from 3-6 hours, depending on the size of the home (Although, some of the time will be spent in areas that you most likely won't want to go, or shouldn't for safety reasons, such as the roof, attic or crawl space). This might seem like a long time to follow someone around your house, but may come in handy down the road. I'm sure even the most novice of home buyers know how to flip a breaker switch or even change their furnace filter. But, can you locate your main water supply shut off in the event of a leak? Or do you know how to determine when your brick needs tuckpointing? Or how to adjust the temperature on your water heater? These are just some of the nice tidbits you can gain from being present and curious at the time of inspection.

Posted by Mike Cromie on Beyond Realty - St. Louis Real Estate Blog.

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