Archive for February, 2009

Feb 25 2009

Selling Your Newport Beach Home – Part 5

A few weeks ago we talked about property inspections. Is a property inspection really necessary? As a seller, no. But any informed buyer will require an inspection of your Newport Beach home. If you were buying a used car, would you look at it from across the lot and decide you liked the color, then hand over the cash? Of course not! You would check the car over before making your purchase. A house is far more valuable than a used car; it would not serve any buyer well to consider buying one without having it checked over by professional inspectors.

As we previously discussed, a property inspection will check the structural integrity of the building, it will also check for potential problems such as mold, rot, or termites. Cosmetic issues will not form part of the survey as they are deemed non-threatening to the property.

Of course, not all inspection results will be negative. You may well find positive aspects highlighted, such as certain materials used which make the house easy to maintain, or parts of the construction which are completed to an exceptionally high standard. A survey is not always doom and gloom.

A good survey can also act as a maintenance route map, giving you an overall idea of the state of your home, allowing you to plan repairs and improvements better, by having a good idea of the importance of each.
Buying a property without an inspection would be a foolish act; you need to know that you are purchasing something that is basically sound before you invest your hard earned money.

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Feb 10 2009

Selling Your Newport Beach Home – Part 4

If you are selling your Newport Beach property, then you can expect that potential purchasers will want to undertake a variety of inspections and checks, to ensure that everything is ok and there are no problems with your home before they purchase. In many ways you are a spectator, as the inspection will be arranged by the purchaser. Harbor Realty can liaise with the purchaser’s agent to arrange inspection times and dates on your behalf.

Inspections will cover a whole range of things; there will no doubt be a full structural survey which will check that the house is basically sound, including all weight bearing beams and joists along with the foundations and roof. If your house has a large amount of wood used as a construction material, then you can expect the buyer to commission a survey for rot and termite infestation as well. Almost all purchasers will want to undertake a mold and moisture survey, especially if you are in a coastal location. Keep these things in mind when you buy your next home as well!

An inspection is not usually intended to make assessments about the cosmetics of a property. If your walls need painting, for example, this will not be indicated in an inspection of your home as it is deemed cosmetic and does not threaten the structure in any way.

Quite often the buyer will be willing to share the full results of the inspection with you, so that you may decide if you wish to make repairs to increase the final sale price of your home.

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