You Must Get A Home Inspection
Posted By admin on July 29, 2010
Why do people buy a home without getting a home inspection? Could it because they are sadistic or they don’t mind burning money. A home inspection should be on the top of your list for things to do before closing on a home. Lets explore the downside of not getting a home inspection and then discover the upside.
Let’s look at some of the problems that could occur if you don’t get a home inspection. The obvious problem is that something major is wrong with the house. Major problems could be that the home has structural damage, termite damage, water damage, major roof problems, grading problems, electrical problems, plumbing problems etc… There is nothing worse than buying a home with major problems and then having to pay thousands of dollars to get the problems fixed. Assuming that you can get the problems fixed. I have seen problems that can’t be fixed and the home is a total loss. Don’t be the next victim, get a home inspection.
Of course there are many minor problems that the home inspector could find. I am a real estate investor and every home I have bought I had inspected before I bought it. Home inspectors spend on average three hours in the home. Typically they will spend one hour outside the home and two inside. They will give you a report at the end of the inspection. Don’t expect them to tell you how much repairs will cost. You will need to ask a contractor to make an estimate as to how much the repairs will cost. Once you have finished the inspection you are now armed with serious ammunition.
The upside of ordering a home inspection before buying your home is you can ask the seller to repair everything on the list or reduce the price of the home based on the repair cost. If you want to buy a $200,000 home and your repair cost are $10,000 you would ask the seller reduce the price to $190,000. Let’s say you didn’t get the home inspection and paid the $200,000 for the home. After a couple of months you realize there is something wrong with the roof. The contractor tells you that you need a new roof. You now are faced with paying another $10,000 for the home. Your total cost without the home inspection is $210,000 versus the total with an inspection of $190,000. How long does it take you to make $20,000 spend able cash?
Bottom line is that you must get a home inspection before buying a home. For around $250 you could save thousands of dollars and a few headaches.
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Starting a Home Inspection Career
Posted By admin on July 28, 2010
There are many reasons why starting on a home inspection career is a good move. Nowadays, home inspection is gradually becoming a standard procedure in the home buying process. Because of this, the US Department of Labor predicts that there may be a significant increase in the demand for home inspectors through the next six years. For those who have a keen interest in the housing and real estate business, now is a good time to start learning the trade.
Thanks to the Internet, becoming a home inspector is an attainable goal. Aspiring home inspectors need only do a search at Google or some other search engine and they will be bombarded with a plethora of online schools claiming to offer training programs. Before signing up for an online course, it is best to look at the Web-based school’s credentials. Is the school accredited by a nationally recognized authority? Who devised the training program? An online school accredited by the Distance Education and Training Council, with a program created by knowledgeable, highly experienced licensed home inspectors, is an individual’s best bet for starting his home inspection career. Online classes provide convenience and flexibility for students to learn without compromising already existing responsibilities.
Depending on the individual’s state of residence, he may need to pass a nationally recognized licensure exam before becoming a professional inspector. Currently, there are 23 states that require one to pass the licensure test. Many professional inspection associations also require passing the National Home Inspector Exam for membership.
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A Pre-Purchase Home Inspection Often Will Discover Hard to Find Heating and Cooling System Defects
Posted By admin on July 28, 2010
Buyers and sellers of home find it useful to hire a home inspector to do the detailed examination of the building. For the buyer, this helps to find out the major faults before purchase and also provides ground for bargaining with the seller regarding the price. For the seller, the overall assessment of the house helps to find out and rectify the faults. As a result, the home inspection checklist is extremely useful for both the buyer and the seller.
When you plan to buy a house in New Jersey, do a methodical home inspection on your own. Also seek the help of the New Jersey home inspector to do the detailed examination. The checklist will aid you both in going through the procedures easily and quickly.
More than half of the energy spend in a household is for the heating and cooling equipments. An efficient heating and cooling equipment will save a lot of energy and related expenses. Hence it is important to check the heating and cooling systems for optimum performance before purchasing the new house. Numerous technologies are involved in the heating and cooling and with that, the appliances too vary. In general, the thermostat or the furnace is used to heat the area and air conditioner to cool the house. You may check the functioning of the systems, but an in depth examination by the NJ home inspector is sufficient to reveal most of the faults.
You can just check to see if the air conditioner and thermostat are functioning properly or not. Estimate the age of the heating and cooling systems. Very old equipments will not function properly and will add to the energy expenditure.
Assess the general temperature in each room. Look for any noticeable rise or fall in temperature in a particular room. Such variations do occur because of the faults in the sealing and insulation. Instead of leaving the thermostat at a constant temperature, the programmable thermostat can be used to save energy.
Operate the furnace and the air conditioner to determine their efficiency. See how long it takes to heat or cool. A prolonged time to heat or cool shows that the equipments are not functioning properly. The matter deserves attention from the New Jersey home inspector.
Each heating and cooling system has its own specifications. Only the experienced ones would have the detailed knowledge of the functioning of each system. Note down the make, model and capacity of the equipments to be evaluated by the NJ home inspector.
Watch the air flow through the vents. It has to be at the adequate level. Check for any loose-fitting or missing covers and screws. Check to see that there is no rust or soot which shows the inefficiency of the furnace. See that there are no leaks around the radiators.
Examine the air filter to see if it is dirty. On heavy use, the filter becomes dirty and needs to be changed. Moreover, this slows down the air flow and results in the increase in load of the equipments. You may see the advice of the New Jersey home inspector in every step as the heating and cooling inspection is a little complicated procedure.
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Home Inspection Marketing: Don Crook On What Worked For Him
Posted By admin on July 27, 2010
www.HomeInspectorStartupAndGrowth.com Don Crook shares the home inspection marketing strategies that have kept his firm in front of the bad economy at the 3 Day Home Inspector Startup And Growth Annual Workshop. I’m Ken Compton and I help home inspectors, from one man shops to large multi-inspector firms, get and keep their inspection schedule full using proven, effective marketing strategies and I can help you too! I have home inspector coaching clients in all 50 states and in 6 foreign countries using my system to get and keep their inspection full. I invite you to learn more about our program at… http
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Real Estate Online Courses – What Should You Study?
Posted By admin on July 25, 2010
You juggle many daily duties as a working professional and it may seem almost impossible to fit in education to pursue a fulfilling, lucrative career in real estate. With online distance learning, you can take real estate classes at your own time and pace rather than having to attend scheduled classes. Because distance learning is so flexible and convenient, the Washington Post reports that by 2008, one in ten students pursuing higher education will be enrolled in an online learning program.
Imagine moving mountains to make money in real estate! Selling land, selling houses, listing houses for sale and determining the value of homes are a sampling of the exciting professions available in real estate. Distance learning courses are offered online in several areas of the real estate profession, such as:
Real estate salesperson or brokers license.
To sell houses, land or other real property, you need a real estate license. This course will prepare you for the licensing exam with courses in forms of ownership, recordation, rights and interests in land, license law, agency, rules and regulations, contracts, closings and closing costs, seller’s net, leases, title transfer, finance, appraisal, Fair Housing and taxes. At the end of the required course, you can take the final exam with a proctor, such as a librarian. A student who passes the final exam is qualified to take the State Real Estate Licensing Examination to work in real estate sales. Students may also pursue a brokers license after performed as a salesperson. A real estate broker is allowed to transact business for their own company and employ other people who hold a real estate license.
Real estate courses to prepare for exams.
If you are anxious about taking state examinations to become a real estate salesperson or a real estate broker, you can take preparation courses online prior to the big test. Preparation courses traditionally offer practice questions, activities to help you remember the material covered in the course, a list of relevant real estate terms and basic tips for taking an exam. These courses are not a requirement to take the real estate examination but they help to put many students at ease about taking the test.
Real estate courses to meet continuing education requirements.
When you earn you real estate license, continuing education is required to maintain the license and qualify for renewal. Distance learning gives busy real estate professionals a chance to fulfill these necessary continuing education requirements while they continue to earn money.
Real estate courses in home inspection.
Real estate inspectors educate buyers about the physical condition of a perspective home to assist them in making a wise decision. Inspectors ensure a home is suitable to reside in and does not violate local laws according to the guidelines of the National Association of Home Inspectors (NAHITM). The online course in real estate inspection teaches you the basic standards of performance for a residential home inspection written report.
Real estate courses in appraisal.
Requirements for appraisers vary from state to state but all students basically have to complete certain courses and pass a state licensing examination. Real estate appraisers decide the value of a home based on its condition, amenities and the current market value of similar homes in the area.
Distance learning gives you an accessible way to learn how to become real estate professionals. For current realtors, online courses are a flexible way to fit continuing education into your hectic schedules. With online education, you can land that long-awaited, lucrative position in real estate you always dreamed of.
home inspection course
Becoming A Home Inspector: What the Home Inspection Schools Don’t Want You To Know
Posted By admin on July 25, 2010
Chances are if you’re reading this you’ve thought about becoming a home inspector. You may have even seen the ads that say you can make hundreds of dollars a day as a home inspector. Home inspection schools put many of these ads out. They paint a rosy picture about the profession and how easy it will be for you to make a ton of money virtually overnight. I’m a Professional Real Estate Inspector and I’m going to tell you what the home inspection schools don’t want you to know about this profession!
What the Home Inspector schools aren’t telling you
What these schools and the various company’s selling Home Inspection courses won’t tell you is how difficult it is to be successful in this business.
The National school that I attended for my inspector education made it sound so easy to get started. They explained how easy it would be to start doing 1 home inspection a day with little or no effort.
I have many soon-to-be home inspectors email me and call our office asking about the business.
This business is like any other. It takes dedication, strong finances and time to become successful.
Think you’ll get started with no money up front?
Many schools do not tell you about the liability side of the home inspection industry. The home inspection industry is a very high liability profession. Every home you inspect is a potential lawsuit. It doesn’t matter that you may be the most thorough inspector in your area. Inspectors are sued over things that the homeowners thought they should have found whether or not you could see the defect or not. There’s an old saying in this business. “It’s not IF you get sued, but WHEN you get sued.”
If you can’t live under this pressure, you’d be best off looking elsewhere.
All it takes is a ladder and pickup truck…right?
Well, here’s more bad news. Like most legitimate businesses, it takes a little more than that.
A new inspector is going to need about $5000 worth of tools just to start.
Then there is about the issue of insurance. Errors & Omissions Insurance will cost a new inspector (if you can even get it) anywhere from $3500 to $5000 per year. Then there’s General Liability Insurance that will run you from $400 to $1500 per year.
In some states, you can’t even get started without this insurance.
Do you have a rainy day fund? I hope so Brother ’cause it will rain on your parade!
Just like any new business, the 1st year will be a rough one. It may take you from anywhere from 6 months to 2 years to get to the point where you’re bringing in a steady income.
Many inspectors came into this business by doing home inspections on the side or part time. That is the approach I would advise any new inspector to take. Don’t quit your day job just yet!
What about the Real Estate Agents?
The schools make it sound like there’s an agent behind every tree just waiting for you. Odds are they have their favorite inspector already and they’re not likely to use a new inspector because they do not know what to expect from you. It will take you many months up to a year or more before you’ll be getting regular referrals from real estate agents. Don’t count on them to feed your family when you first start.
This industry can be very rewarding in many ways. However it’s likely to leave a sour taste in your mouth if you enter thinking that it’s a pushover to get started. I’ve seen way to many good people go broke trying to get started in this business because the home inspection schools left them unprepared for what they were about to face in the real world.
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Why Home Inspection Certification is Important
Posted By admin on July 25, 2010
Many real estate companies are engage in home inspection firm. Findings and report of qualified inspector of property ensures that an investment of the buyer is safe and secure. Appraisers know the importance of home inspection for properties on sale. Though, this is an added cost on part of the buyer it is a plus in order to complete a decision whether to buy or not. Home inspectors offer an evaluation of work on the condition of the houses and provide notes on the additional work needed. Home Inspection Certification can be obtained when a series of course or training has been completed. It is known to be a high paying job nowadays.
To distinguish the importance of home inspection certification from other fields of studies, consider the following examples- In Information Technology, a CCNA certification is needed as a proof of one’s ability to have a foundation of working with Cisco routers and switches. On the medical side, there is certification and training for phlebotomy. It is a high paying job that involves the process of collecting sample specimens for blood test, urinalysis and cultures. In real property industry, a certified home inspector shows that a person is a professional and qualified to provide an assessment on the overall condition of a house before selling or buying. In a more detailed ways, the certified ones do not stop from scrutinizing the outside of a home, but, he or she will further check the inside of the house. Visual damage can easily assess but those unseen damages like cracks underneath floorings may not be found. A new home inspection nowadays allows inspectors to perform their task in various stages of the property’s construction.
How to get a home inspection certification? Getting one is not easy and cannot be completed in a week or few months. It requires a series of trainings and education because a sizable knowledge of theories is being taught. The foundation starts with taking up a course in order to be a qualified inspector. Then, choosing a professional organization and maintaining a membership. Certifications are provided by many different training schools. Part of getting a home inspection certification is teaching the students to identify the kinds of defects in home that may incur additional cost to buyer. A home inspector, in the end, provides a report after examining the entire property. There are classroom and online courses. Information is vital and continuous learning is important. Keeping up with the latest trends and updates gives a qualified home inspector an added new knowledge and become more marketable.
Even if the real estate industry is unsteady, there are many houses being sold and bought. It signals strength in home inspection career. Consumers are increasingly becoming aware on every detail of their property. Thus, a career in home inspecting is increasingly demanding and rewarding. A certified inspector for homes may choose whether to be a self-employed professional or join in a company that provides this kind of services. A Home Inspection Certification is important to pursue a career in home inspecting.
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Home Inspection Marketing Tip: Use BlogTalk Radio To Grow Your Business
Posted By admin on July 24, 2010
www.HomeInspectorStartupAndGrowth.com Home Inspection Marketing gets easier when you use SEO friendly tools like BlogTalk Radio. I’m Ken Compton and I help home inspectors, from one man shops to large multi-inspector firms, get and keep their inspection schedule full using proven, effective marketing strategies and I can help you too! I have home inspector coaching clients in all 50 states and in 6 foreign countries using my system to get and keep their inspection full. I invite you to learn more about our program at…http
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