Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#71473 - 01/11/06 07:04 PM need to know
supercat Offline
Member

Registered: 01/03/06
Posts: 12
Loc: texas
i live in texas,and found a house and made offer.looks like i will be getting the house. i would like to know about the inspection details.i found a inspector ,after he inspecs the house ,gives me the report and say 2 months later the roof leaks.if the inspector says the roof is fine who or is anybody responsible .sorry about the typo

Top
#71474 - 01/26/06 07:57 PM Re: need to know
Angie 0729 Offline
Major Contributor

Registered: 08/08/04
Posts: 1610
An inspector checks homes VERY thouroughly, I have not had a problem thus far after a property being inspected and then their being a problem. That's why you pay for the inspection to make sure there are not these chances of things happening like this. I am not sure if it would come back on the HI or how that works never had to deal with this situation, ask the HI...how that would work. I know they really check everything though so I wouldn't worry too much. I had one, one time go right down the there was a missing knob on a cabinet door. They check it all!

Angie

Top
#71475 - 01/27/06 05:06 AM Re: need to know
Laneman Offline
Junior Member

Registered: 01/07/06
Posts: 9
Loc: Texas
 Quote:
An inspector checks homes VERY thouroughly
This depends on who does the inspection. There are some "discount" inspectors out there who will do a $150 inspection in about an hour. Some buyers are attracted to the low price, but don't realize that they are taking a chance. A good inspection takes 2 1/2 to 3 hours and should cost 250-300 (homes under 2000 sq ft)in Texas. As far as a roof leak, we cannot always find every roof leak because we typically don't inspect during rainfall. Some newer leaks are not visible on a normal inspection (depends on rain intensity and wind direction) Older leaks sometimes leave water stains in the attic, but even these may have been repaired by the time the inspector is called.
_________________________
The house tells the story, we just write it down.

Top
#71476 - 01/27/06 05:32 AM Re: need to know
Russel Ray Offline
Moderator

Registered: 12/30/04
Posts: 241
Loc: San Diego CA
 Quote:
Originally posted by Laneman:
 Quote:
An inspector checks homes VERY thouroughly
This depends on who does the inspection. There are some "discount" inspectors out there who will do a $150 inspection in about an hour. Some buyers are attracted to the low price, but don't realize that they are taking a chance. A good inspection takes 2 1/2 to 3 hours and should cost 250-300 (homes under 2000 sq ft)in Texas.
While that might generally be true, one should never use price alone to choose the home inspector. There are companies like mine that use teams of inspectors who can do a 2000 SF home in the time that it takes the dishwasher to run through its short cycle.

And then there are home inspectors just getting started who are the low man on the totem pole regarding price. That's not necessarily bad if he has the experience, knowledge, etc., to get the job done right. After all, someone has to be the low man on the totem pole. If we all had the same price, it could be seen as collusion and price-fixing, definitely illegal.

Remember that Microsoft gave away its software for a couple of years in order to "get started."

I always caution my callers to ask about price third. First, ask if your prospective home inspector carries errors and omissions insurance and is willing to provide a copy of his declarations page (that's what declarations pages are made for). With the price of real estate here in San Diego, and the cost of E&O insurance, it's been estimated that at least half of the home inspectors here don't carry E&O insurance. Is that really a responsible business person for this industry? You decide.

Second, ask if your prospective home inspector is a member of any trade association (NACHI, ASHI, CREIA, SPREI, FABI, etc.) or business association (BBB, etc.).

Insurance is expensive. Association memberships are expensive, time consuming in order to get annual CECs, etc.

Based on the answers to the first two questions, one typically will have a very good indication of the price that specific home inspector charges.

Top
#71477 - 01/27/06 08:00 PM Re: need to know
JD Offline
Member

Registered: 01/27/06
Posts: 14
Loc: TX
A Home Inspector gives you a report on the functions and condition of the property as it was at the time it was inspected. Not a second before or after. So if something breaks in 2 weeks, He didn't say it would be working in 2 weeks he said it worked when inspected.
_________________________
JD

Top
#71478 - 01/28/06 05:15 AM Re: need to know
Laneman Offline
Junior Member

Registered: 01/07/06
Posts: 9
Loc: Texas
"So if something breaks in 2 weeks, He didn't say it would be working in 2 weeks he said it worked when inspected"

The example she gave is a roof leak. Chances are it would not change much in two weeks.
_________________________
The house tells the story, we just write it down.

Top
#71479 - 01/28/06 05:22 AM Re: need to know
Russel Ray Offline
Moderator

Registered: 12/30/04
Posts: 241
Loc: San Diego CA
Actually, the chances for the roof changing in two weeks are just as good as an appliance breaking down in two weeks. The roof and its components (flashing, sealant, etc.) expand, contract, or otherwise react every day in response to heat, cold, wind, rain, hail, snow, kids climbing trees to get on the roof to get their frisbee, kids throwing the basketball on the roof trying to get it to the friend on the other side of the house, people walking on the roof to put up their Christmas lights, animals (raccoons, opossums, cats) traversing the roof, birds pecking insects off the roof, etc. So there is absolutely nothing prohibiting the roof or one of its components from failing two weeks down the road.

Top






Moderator:  Inspectorjeff 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
JakeRoberts, JaneLee, CourtneyFields19, toorgeman123, D best Realtor
21441 Registered Users
Who's Online
6 registered (CandyMan, HONEY, LVNV REO GAL, barb43, 2 invisible), 116 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 79
KingofBPOs 56
Brit16 51
DueDiligence 36
super realtor 36
Bigtoe 35
Averis 34
johnnyloans 33
SoldWithVideo 32
Kjmendy 29
RIzwan 29
Scintillion 25
75Corvette 24
Doin' bpose 24
Brad - W4BJM 22
(Views)Popular Topics
No new orders today 4758874
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2709035
Stupid MLS comments. 959200
EML 458010
Evalonline 299690
What do you know about Froy Candelario, top agent in USA 291128
Land America 285007
New HUD Listing Brokers---Any Update? 269853
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239470
Stupid QC comments and BPO requirements. 230919
Is there religious content in Buffini class? 225927
FARVV 177251
REOTRANS 160826
Let's talk about our cars 147926
USRES / RES.NET 147658
asset val seminar in colorado 144141
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 09/16/05
Posts: 431

How To Advertise Here


This site presented by RNC Internet Services