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Message
re: Buying Property Must Do's
Posted on 1/17/24 at 11:55 pm to llfshoals
Posted on 1/17/24 at 11:55 pm to llfshoals
For any property:
Get 2 separate inspections, unless you trust your inspector with you life. Do this even if you aren't asking for repairs, KNOW what you are buying ahead of time.
Get a survey, you never know how many people think they own your property, ESPECIALLY if near or on water.
Biggest concerns with inspections: Roof, windows, mold, siding/stucco, slab/driveway, furnace/AC, and wiring. EACH one of these can cost you tens of thousands of dollars with simply minor issues.
Get 2 separate inspections, unless you trust your inspector with you life. Do this even if you aren't asking for repairs, KNOW what you are buying ahead of time.
Get a survey, you never know how many people think they own your property, ESPECIALLY if near or on water.
Biggest concerns with inspections: Roof, windows, mold, siding/stucco, slab/driveway, furnace/AC, and wiring. EACH one of these can cost you tens of thousands of dollars with simply minor issues.
4
Posted on 1/18/24 at 12:18 am to oneg8rh8r
quote:
Get 2 separate inspections, unless you trust your inspector with you life. Do this even if you aren't asking for repairs, KNOW what you are buying ahead of time
That’s ludicrous……and a colossal waste of money. It’s not hard finding a reputable inspector. I have a gentleman I’ve been referring for yrs and have never had a complaint and have had clients use him multiple times.
quote:
Get a survey, you never know how many people think they own your property, ESPECIALLY if near or on water.
Survey? Maybe for an irregular lot. The other part is handled by a title company and what title insurance is for. Title companies are also likely to have a survey.
quote:
Roof, windows, mold, siding/stucco, slab/driveway, furnace/AC, and wiring. EACH one of these can cost you tens of thousands of dollars with simply minor issues.
Lot of windows to equal tens of thousands of dollars.
All these real estate threads are filled to the brim with ignorance and exaggeration. If you are uncomfortable with an inspectors findings in any manner, have a specialist come out and double check
Posted on 1/18/24 at 5:32 am to oneg8rh8r
quote:
For any property: Get 2 separate inspections, unless you trust your inspector with you life. Do this even if you aren't asking for repairs, KNOW what you are buying ahead of time. Get a survey, you never know how many people think they own your property, ESPECIALLY if near or on water. Biggest concerns with inspections: Roof, windows, mold, siding/stucco, slab/driveway, furnace/AC, and wiring. EACH one of these can cost you tens of thousands of dollars with simply minor issues.
Ive dealt with 4-5 inspectors and they were all idiots. I definitely wouldnt do this.
Posted on 1/18/24 at 11:11 am to oneg8rh8r
I had a neighbor even with the survey stakes sitting there couldn’t seem to figure out what was his and what wasn’t.
I save people a lot of money on inspections, if I see something I know could be an issue I point it out. I’ve probably killed more sales by being too negative on showings than I’ve sold. I sleep better though. Personal favorite is tear cracks in the drywall. When you have diagonal rips in the drywall, you know you have foundation moving.
I save people a lot of money on inspections, if I see something I know could be an issue I point it out. I’ve probably killed more sales by being too negative on showings than I’ve sold. I sleep better though. Personal favorite is tear cracks in the drywall. When you have diagonal rips in the drywall, you know you have foundation moving.
Posted on 1/22/24 at 9:08 am to oneg8rh8r
Lol. Everyone has their own risk tolerance, but hiring 2 inspectors is over the top. Definitely would not advise this.
You might be confusing survey and title search. One should use a title company on 99% of purchases. They will research ownership issues, HOA/POA balances, and tax balances. Survey produces A drawing with exact property lines. Many times this is not needed. The neighborhood might already have fences on every lot, or the pins from the original survey may be easy to find, or it may be clear where property lines are. Definitely not something one needs to pay for on every purchase.
Each area of concern you brought up may cost tens of thousands with simple minor issues? You live in the middle of the Amazon jungle?
Renting might be a better route for you.
You might be confusing survey and title search. One should use a title company on 99% of purchases. They will research ownership issues, HOA/POA balances, and tax balances. Survey produces A drawing with exact property lines. Many times this is not needed. The neighborhood might already have fences on every lot, or the pins from the original survey may be easy to find, or it may be clear where property lines are. Definitely not something one needs to pay for on every purchase.
Each area of concern you brought up may cost tens of thousands with simple minor issues? You live in the middle of the Amazon jungle?
Renting might be a better route for you.
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