A Structured Approach to Buying a Home - Part 5 - Home Inspections
You have now reached an important point in your hunt for a suitable home. You have organized your finances, and in your preliminary search you have come fairly close to finding a house that meets your needs. You will now be approaching the major step of legal processes of making offers and completing the deal.
Before making an offer, however, you have to satisfy yourself that the house is in good condition and that it has no defects that would be noticed only in a professional home inspection. An inspection will show up any structural or roof concerns, plumbing problems or any other issues that may affect safety or trouble free occupancy.
If you are considering a new house after short listing, chances are that you will be reasonably safe on this point. In a new house there is very little chance of hidden damages. Moreover, the property will be covered by the builder’s warranty.
In case of an old house, however, there is always a possibility of defects or damages in the construction and in equipments such as heating, etc. that even the seller may not be aware of, or he may not have divulged them to you. There are two courses open to you:
• Commission professional home inspections to be carried out so that the condition of the house is known to you before you make an offer. The inspector will look at the structure and type of construction and mechanical systems. Depending upon the extent of the inspection desired by you, the inspector will inspect plumbing, waste disposal, water heating, electrical, heating and ventilation system, foundation, doors, windows, roof, floors and walls. He will also check for potential presence of infestations and pests. In case of repair work being required to be carried out you will know the defect and the estimated expenditure. You may then either not make an offer at all or may use this information to get the estimated cost of repairs taken off the price while making the offer.
• The second alternative is for you to make an offer subject to your approving the results of one or more inspections to be carried out after the seller accepts your offer. After the seller accepts your offer, you may then arrange for home inspections.
In any case, you have reached a point at which you have to discuss the matter with your solicitor and chalk out the next course of action which we shall deal with in the next part.
S. Phadke is a retired electrical/control engineer, with over 45 years experience in senior positions in India & abroad. He has wide ranging interests. He enjoys writing and has been writing articles on Real Estate, Conveyancing, Retirement, Energy Conservation, Home Based Industries , Online Data Storage, Networking, etc. He can be contacted at snphadke@gmail.com
His blog URL is http://snphadke-energyreview.blogspot.com
Article Source: http://EzineArticles.com/?expert=S_Phadke
Saturday, July 7, 2007
New Homes Georgetown Texas - Building A Better Home
Georgetown is a growing city that has the real estate to fit each resident’s needs. Located about twenty minutes from downtown Austin, Georgetown is a small city with developing real estate. Georgetown continues to benefit from the annual population increases in central Texas. This city has become popular for residents looking to avoid crowded town around the city like Pflugerville and Round Rock. Georgetown real estate ranges from apartments to ranch land to master planned communities. All of these home choices are available in and around the Georgetown area.
There are two master planned communities within Georgetown. One is a master planned active adult community that has strict age restrictions on home buyers in their community. This master planned community has private golf courses and fitness centers to make sure their residents are active adults. The other master planned community is a luxurious community with a private championship golf course and world class fitness facilities. Homes range well into the millions and can be as large as 7,000 sq. ft. This is a resort community that offers residents the best amenities to accompany their world class homes.
Town homes around downtown area of Georgetown are very popular. These homes located along Highway 29 and resemble a farm town community where mail men deliver mail to your doorstep each day. Most of the homes in this area were built in the 70’s and 80’s and provide home owners with a historic living situation. Many of these homes are owned or rented by Southwestern University students. Some of these town homes are smaller and college students benefit from the low cost, close to campus locations.
Apartments and condominiums have become popular in this area. The apartments in the area are located around the downtown area of Georgetown. Apartments in this area give residents a chance to live in a small town, and many tenants are college students. There is one condominium complex within Georgetown. This complex overlooks the San Gabriel River and gives residents the chance to enjoy the environment from their back landing.
Area neighborhoods give Georgetown residents the chance to live within communities and enjoy the communal atmosphere that neighborhoods have. There are many neighborhoods in the Georgetown area. All students are given the chance to attend the public school system and Georgetown High. Georgetown residents understand the history of the town, and the history of the people who built the town. This is why Georgetown has been able to keep its small town atmosphere as the city continues to grow.
For more information about new homes Georgetown Texas as well as new homes Austin Texas, please visit DR Horton.
Article Source: http://EzineArticles.com/?expert=Cynthia_Lyle
Georgetown is a growing city that has the real estate to fit each resident’s needs. Located about twenty minutes from downtown Austin, Georgetown is a small city with developing real estate. Georgetown continues to benefit from the annual population increases in central Texas. This city has become popular for residents looking to avoid crowded town around the city like Pflugerville and Round Rock. Georgetown real estate ranges from apartments to ranch land to master planned communities. All of these home choices are available in and around the Georgetown area.
There are two master planned communities within Georgetown. One is a master planned active adult community that has strict age restrictions on home buyers in their community. This master planned community has private golf courses and fitness centers to make sure their residents are active adults. The other master planned community is a luxurious community with a private championship golf course and world class fitness facilities. Homes range well into the millions and can be as large as 7,000 sq. ft. This is a resort community that offers residents the best amenities to accompany their world class homes.
Town homes around downtown area of Georgetown are very popular. These homes located along Highway 29 and resemble a farm town community where mail men deliver mail to your doorstep each day. Most of the homes in this area were built in the 70’s and 80’s and provide home owners with a historic living situation. Many of these homes are owned or rented by Southwestern University students. Some of these town homes are smaller and college students benefit from the low cost, close to campus locations.
Apartments and condominiums have become popular in this area. The apartments in the area are located around the downtown area of Georgetown. Apartments in this area give residents a chance to live in a small town, and many tenants are college students. There is one condominium complex within Georgetown. This complex overlooks the San Gabriel River and gives residents the chance to enjoy the environment from their back landing.
Area neighborhoods give Georgetown residents the chance to live within communities and enjoy the communal atmosphere that neighborhoods have. There are many neighborhoods in the Georgetown area. All students are given the chance to attend the public school system and Georgetown High. Georgetown residents understand the history of the town, and the history of the people who built the town. This is why Georgetown has been able to keep its small town atmosphere as the city continues to grow.
For more information about new homes Georgetown Texas as well as new homes Austin Texas, please visit DR Horton.
Article Source: http://EzineArticles.com/?expert=Cynthia_Lyle
Subscribe to:
Comments (Atom)