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Investing In or Owning Drug Lab Properties
As a property owner, you are responsible for 100 percent of the clean up! Cleanups of labs are extremely resource-intensive and costly. The average cost of a cleanup is about $5,000. This is if you are lucky!
Clean Up (includes the insides and...
Making a First Impression When Selling Your Home
So you've decided to take advantage of the booming real estate market and put your house up for sale. As you know, buying a house is the most important purchase a consumer can make.
So it's understandable that when prospective buyers come...
Quick Cash-Flipping Real Estate
So you want to be a real estate investor and make lots of cash. But you lack the education and the experience, and no capital.
Well here is a way to get into real estate investing fast, quick and it's safe. Become a "bird dog". I know, your...
Realty Check In Delhi/NCR
Real estate in India is booming, and how. You can see it in the billboards of new real estate projects being promoted by builders. You can see it in the upsurge of home loans being given by banks, both national and multi-national. You can see it in...
The Importance Of Internet For Real Estate Professionals
The Internet has become a fixture of our day to day lives. Gone are the times when a computer and a broadband connection were luxury items. More and more people are relying on the web to learn information about the real estate process, as well as...
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The Problem with Partial Inspections!
Frequently, we get the request in our office for a "partial" inspection. This is another of those things that truly escapes my logic. While I am sure that the basis for this request is the desire to reduce the expense of the inspection, partial inspections are often a high-risk event for everyone concerned. Let me explain by way of example.
The most common partial inspection request is the roof inspection. This is due primarily to the high replacement cost of the roof and the probability of extensive damage to the interior of the home should the roof fail.
Here's where the problems begin. Most folks assume that the roof inspection takes place on the roof. It is true that walking on the roof is an important element of the roof inspection. But, to really judge the past history and future performance of the roof, the interior of the home as well as attic space should also be inspected.
More often then not, roofs leak for quite some time into the attic before the leak is detected in the interior living space. Some leaks begin so small that for years the wood roof sheathing is kept wet and rotting. The water my also have dripped onto wires causing corrosion and ductwork causing mold! How are these additional discoveries disclosed in the context of the "partial" inspection?
To ignore them is clearly irresponsible; to disclose them is to surely expand the inspection beyond its requested partial
scope. In either scenario, it is certain to create confusion and consternation. Had these initial symptoms of problem been discovered and disclosed in the context of a full inspection it would be a much simpler and more professional process to provide a clear and complete picture for integration into the contract. Seldom are partial inspections good for anyone in the transaction other then follow-up to the initial full home inspection.
About The Author
Wally Conway is President of Florida HomePro Inspections, and has recently written a book entitled "Secrets of the Happy Home Inspector", available at GoHomePro.com or Amazon.com. Wally's expertise and experience has been sought after by HGTV's "House Detective", the Florida Times Union, and many real estate boards and associations. As a speaker, writer, instructor, and host of The Happy Home Inspector radio show every Saturday at 3 PM on WOKV 690, Wally blends the right amount of up-to-date information with just the right amount of humor, insight, motivation, and real-world application. Visit WallyConway.com for more information!
Copyright © Florida HomePro, Inc. and Wallace J. Conway. All rights in all media reserved.
info@wallyconway.com
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