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Don't Goof - Inspect Your Roof
When people are buying a home, especially first time
home buyers, they often get caught up in an overwhelming whirlwind of emotion
and in the excitement of anticipation of home ownership often overlook the need
for property inspection. It costs a couple hundred dollars to get a professional
property inspection but it may well be worth the money. An intelligent way to
write a purchase offer is with a clause that says: “This offer subject to
professional property inspection acceptable to buyer”
Having been in the real estate and mortgage business for a number of years, I
know that most people who read this advice will not act on it. Nope, people will
do what people will do. Knowing that, I have a tip to give you that, if you
don’t use, makes you a pretty foolish person and it is this:
Write all your offers on home with the following clause:
“This offer subject to roof inspection acceptable to buyer”
Besides the foundation, The roof is one of the most expensive repair jobs a home
may require and the roof is often the most overlooked part of a home, especially
important on older existing housing. But the key to a roof inspection is they
can be free! How you ask? Simple, write your offer as indicated above and then
call three (3) roofing companies and ask them if they do free roof inspections.
Most companies will because their competitors will and in order to get business,
they will check out your roof for free. If you have difficulty with a roofing
company, try a few more. You see, when a
roofing company comes out to the
house they are looking for problems because roofing problems make them money.
You don’t have to tell them you are contemplating buying the home although it
would not necessarily hurt your cause if you did. The other option is that you
get on a tall ladder, climb on the roof yourself and check it out (risking a
possible fall, possible extensive injury or death). It is safer to use the
roofing company, right?
In the event that your area is unique and roofing companies won’t inspect your
roof for free, if the price is right, it may be worth your time. This same free
inspection angle will also work by getting inspections and free estimates on the
foundation, the HVAC and any other area of the home. The key: make a few phone
calls to businesses in your area to see what their inspection policies are,
whether they are free or there is a small fee. This will save you the cost of a
professional home inspection AND for the things that ARE found deficient with
the home, the free estimates can be used as bargaining chips to reduce the
selling price of the home, pretty cool, right?
To your success!
Do you like this tip? You haven’t seen anything
yet! Check our Smart Books Real Estate and Business products by clicking the
link below. We have business kits, books and ebooks to help you get smart-fast.
Check us out…. We’ll save you a TON of time and money.Copyright © 2006 James W.
Hart, IV All Rights reservedTop 10 Real Estate TipsBe Smart, Visit SBS. click
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