Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Inspecting Your New Home - 17 Areas You Must Inspect Before Taking Possession


Congratulations! You've made your decision; you've chosen your new home and your builder. So what needs to happen next? Once you have a firm contract and you have selected the features that will go into your new home, it is time for the builder to turn your dream into reality.

You will undoubtedly want to visit the building site from time to time during construction to check the progress of your home. Professional builders welcome your participation and enthusiasm; however, for safety reasons you should not enter the actual construction site unless by special appointment-an unauthorized site visit may also contravene the local labour code with respect to construction safety and the builder's liability.

Questions or concerns arising from a site visit or a drive-by should be addressed directly to the builder. The tradespeople on the site each have their own area of expertise and will not be able to discuss your home's progress with you. Nor are they able to make changes without the approval of the builder.

Before you take possession of your new home, the builder will invite you to "walk through" the house to conduct a pre-occupancy inspection. Three to five days before closing is best-when construction is substantially complete but there is still time for the builder to remedy any minor imperfections. Anything that is not to your satisfaction should be noted for a pre-delivery inspection report. Minor items such as scratches and incomplete paint work will be rectified before your move-in day. Other items will be corrected after you are settled.

The following checklist will help you to inspect your new home.

Exterior

  • Grading-should be sloping gently away from the house.
  • Sod-was it rolled when laid?
  • Wood, vinyl or aluminum siding-should be even and nailed securely to the walls.
  • Brick-should be evenly laid and clean, with weep holes intact.
  • Caulking-check around windows, doors, garage door, electrical outlets and fixtures.
  • Paint and stains-inspect for even coverage and proper colour.
  • Trim, shutters, fascia and soffit-must be proper colour, of good quality and securely fastened.
  • Shingles-are they clean, of proper colour and with no lifting corners?
  • Garage-should feature non-combustible materials on the wall adjoining the house (for instance, gypsum board with sealed joints); the garage door should open and close properly.

Interior

  • Basement-should be clean; no cracks in the walls; a floor drain in the lowest part; "healthy" looking wooden joists (a minimum of splitting); instructions and warranty cards for equipment (furnace, heater, HRV, etc.)
  • Doors-must be well-fitted and well-hung; secure locks for outside doors and door stops.
  • Windows-must open smoothly; lockable.
  • Walls-should be smooth and even; no cracks, visible seams or nail-pops; right colour; even paint coverage; no gaps at electrical switches and plugs.
  • Floors-minimum of squeaks and "spring"; smooth seams on carpet and other floor covering; even grouting between ceramic tiles.
  • Plumbing fixtures-no chips or scratches; faucets operating properly; caulking around counter tops and fixtures.
  • Upgrades and options-correct materials and quality; proper installation; right colours.
  • General state of cleanliness-no construction debris; clean heating ducts; etc.

You might want to hire a private building inspector or engineer to conduct the inspection for you. Look in the phone book under Building Inspection Services.

Visit EquityGazette.com - The Equity Gazette weekly edition of articles about real estate investment and investment property for those interested in real estate investing or even just buying a home.


MORE RESOURCES:

Monmouth Real Estate Investment Corporation Reports 1st Quarter Financial Results
PR Newswire (press release)
8, 2012 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (the Company) (NYSE: MNR) reported funds from operations (FFO) of $7450000 or $0.20 per share for the three months ended December 31, 2011, as compared to $6596000 or $0.19 per share ...

and more »


REAL ESTATE: Refinancing program expands for Fannie/Freddie borrowers
Press-Enterprise
With the changes that are expected to make the program much more effective, the program is being called HARP II by those in the real estate and mortgage industries. Probably the most significant improvement is that it lifts the ceilings on the amount ...

and more »


Local real-estate developer shares his love of Mardi Gras
Houma Courier
Local real-estate developer SP LaRussa walks through the Krewe of Hercules' den making sure that the krewe is ready to roll Friday night. By Eric Heisig Local business owner SP LaRussa, 70, is known to many as “Mr. Mardi Gras” around this time of year.

and more »


Houston-Based Real Estate Developer Closes More Than $75 Million in Healthcare ...
MarketWatch (press release)
Medistar Corporation is a full-service real estate development company that specializes in the design, development, financing and construction of healthcare real estate. The company focuses on medical office buildings, integrated medical plazas and ...

and more »


Property Magazine

It's time to kick off the local real estate market
Half Moon Bay Review
If you're a faithful reader of the Half Moon Bay Review real estate section, then you are familiar with “white death,” a term that Realtor Steve Hyman has used to describe the slow winter real estate market between Thanksgiving and Super Bowl Sunday.
The Real Estate Book Includes Free Agent Mobile Websites in Advertising PackagesPR Web (press release)
REALTOR(R) University Granted Approval to Offer Master of Real Estate Degree ...MarketWatch (press release)
Web Winners: Navigating real estate industryNews & Observer
PR.com (press release) -Property Magazine
all 17 news articles »


Real estate field reacts to SD MLS's data idea
U-T San Diego
Real estate bloggers in San Diego and elsewhere applauded and booed the San Diego region's MLS after it said it will allow members to enter their contact information into a new field that could be featured prominently on real estate search sites such ...

and more »


Cole Real Estate Investments Executes Nearly 640000 Square Feet in Retail ...
San Francisco Chronicle (press release)
Cole Real Estate Investments (Cole), one of the nation's leading investors in high-quality, income-producing retail, office and industrial real estate assets, announced it signed leases totaling nearly 640000 square feet at Cole-related retail ...

and more »


Real estate lawyer admits stealing $360000 from clients
The Journal News | LoHud.com
A New York City real estate attorney with a White Plains office admitted Wednesday that he stole $360000 from two sisters over a two-year period. Fred Rosenberg, 57, pleaded guilty to second-degree grand larceny, a felony, in Westchester County Court ...

and more »


Former real estate broker found guilty on 12 counts of forgery
Journal and Courier
5:55 pm A Tippecanoe Circuit Court judge has issued guilty verdicts for 12 counts of forgery in the trial of a former Lafayette real estate agent accused of falsifying sales disclosure records in order to avoid property taxes.
Real estate broker faces felony chargesWLFI.com

all 6 news articles »


Tossed® Hires Real Estate Veteran A. Michael Toroyan as Chief Development Officer
MarketWatch (press release)
Toroyan, a 20-year veteran of the restaurant real estate, and franchising, will bring even greater momentum to Tossed's strong and growing franchise development efforts across the US Toroyan comes to Tossed Franchise Corporation from a previous post as ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA