Kathryn Varjian Ferrazzi - William Raveis Real Estate & Homes Services



Posted by Kathryn Varjian Ferrazzi on 9/13/2017

After a home seller accepts your offer on a home, the next step usually involves a home inspection.

At this point, you'll hire a home inspector who will walk through the home you'd like to buy and offer expert insights into the residence's strengths and weaknesses. Then, you'll be able to assess potential issues with a home and determine whether to move forward with a home purchase.

A home inspection can be stressful, particularly for a first-time homebuyer. Lucky for you, we're here to help you take the guesswork out of home inspections.

Ultimately, there are many questions to consider after a home inspection is completed, including:

1. What did the home inspection reveal?

A home inspection offers unparalleled insights into a residence. It enables you to look beyond a house's surface and find out whether major repairs will be required both now and in the future.

Hiring an experienced home inspector is paramount for homebuyers. With an experienced home inspector at your disposal, you'll be better equipped than others to identify "hidden" problems within a house.

Also, don't forget to review a home inspection report closely. With this information at your disposal, you'll be able to understand whether a residence meets your expectations.

Be sure to consider the long-term value of a property as well. Remember, a home that you plan to purchase should be able to serve you well for years to come. But if you encounter myriad home issues during a property inspection, you may want to consider rescinding your offer on a residence and restarting your search for the ideal house.

2. Are there major home issues?

As a homebuyer, it is important to be able to identify the differences between major and minor home issues.

For example, if there are tiny cracks and chips in the paint on a kitchen's walls, these issues are minor. In fact, you may be able to repair such issues quickly and effortlessly.

On the other hand, an old, inefficient furnace can cause major headaches. Without a properly functioning furnace, you may struggle to heat your home in winter. Meanwhile, it may cost several thousand dollars to replace this furnace.

If you encounter problems with a residence during a home inspection, consider the costs associated with these issues. By doing so, you'll be able to determine how much you may need to spend to correct such problems and can proceed with a home purchase accordingly.

3. What should I do next?

An informed homebuyer will be equipped with the knowledge and insights needed to make a great decision.

Consider the problems that were discovered during a home inspection. If you can fix home issues without having to commit substantial time and resources to complete various home maintenance projects, you may want to consider moving forward with a home purchase.

If you encounter major home issues, you can always ask a home seller to perform home repairs. Or, you may want to remove your offer on a home altogether.

Working with a real estate agent is ideal, especially for homebuyers who want help with home seller negotiations. With assistance from a real estate agent, you should have no trouble determining how to proceed after a home inspection.




Categories: Uncategorized  


Posted by Kathryn Varjian Ferrazzi on 5/31/2017

Once you start the process of buying a home, you may begin to feel as if you know everything there is to know about real estate. There’s so much house hunting, researching and negotiating that the process can be dizzying. Once you get into a contract and start the home inspection process, a whole new host of questions comes to the table. Now, you need to know the nitty gritty of what you’re about to buy. 


Once you hire a home inspector, it could seem like they are speaking an entirely different language. These inspectors will be looking for any and all potential problems with your new dream home. In order to get the most out of your home inspection, you’ll want to ask smart questions.


How Much Of An Impact Does This Have?


Home inspectors cannot legally tell you whether a property is “good” or not. They can only tell you the things they find wrong with the property, or where they see a need for improvement. These inspectors will seem pretty even keeled when you meet them, so they can be hard to read. They’re all about facts. Asking them what kind of an impact a certain problem will have can help you to make a more informed decision. 



Who Can Fix This?


In many states, home inspectors cannot legally make repair recommendations. They can however give you an idea of how easy or how complicated it may be to fix something. You may find that you’ll be able to make simple repairs on your own rather than hire someone for a big price. The only drawback is that home inspectors cannot actually “fix” anything for you. They can only give advice.  


What’s A Priority?


Your home inspector can give you an idea of what issues in the home you are about to buy need to be fixed first. Since the inspector's job is to point out absolutely everything- both big and small- you’ll want to know what has the biggest priority so that you can plan accordingly. If things are at the “end of their lifetime” rather than in need of a simple repair, you’ll understand as a homebuyer how much money you’ll need to shell out for repairs sooner rather than later.   


Where Is That?


Many times as home inspectors as heading through the property, mentioning things that need repairs and attention, you may have no idea what they are referring to. It’s a good idea to have a notepad and and a camera so that you can refer back to what the inspector was talking about. Some inspectors even insert digital pictures into their reports, so you can ask about that when you’re hiring an inspector.   

How Does That Work?


Inspectors can often give you an idea of how different moving parts of the home operate. If you’re new to homeownership, or come across something that you have never seen before, your inspector will be happy to help you figure it all out. It can be a lifesaver once you move in since you’ll already know how much of the house operates.







Tags