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:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

3 Commercial Real Estate Trends To Watch In 2018
Forbes
If the underlying pace of inflation accelerates, as it unexpectedly did in December, rate hikes seem more likely. But if inflation continues to be as sluggish as it has been for most of the year, it may become harder for the Fed to justify additional ...

and more »


Forbes

In Real Estate It Is Location, In Healthcare It Is Compliance
Forbes
Paul Martyn , Contributor I write about the supply chain industry. Opinions expressed by Forbes Contributors are their own. Shutterstock. Pointing out that hospital supply chain management (SCM) practice has left a lot to be desired is about as ...



Bloomberg

East Europe Real Estate Stays Hot at Pre-Crisis Growth Pace
Bloomberg
Prices across the region have surged as money pours into real estate at a rate unseen since 2007, before the global financial crisis led to recessions across the continent. Real-estate investment last year was probably close to the 2016 level of 12.2 ...

and more »


Made a real estate deal? Tell us about it
Crain's Detroit Business (blog)
For my new weekly Real Estate Insider email newsletter — which you get with a Crain's Enhanced Membership — we are creating a weekly roundup of submitted commercial real estate deals. The purpose is to add value that you won't be able to get ...



247Sports

Emmitt Smith joins new real estate venture
247Sports
Emmitt Smith has found success in a variety of arenas since retiring as the NFL's all-time leading rusher and one of the greatest Dallas Cowboys to ever wear the star. He has covered the NFL as a broadcaster. He's dipped his toe into other, more ...
Emmitt Smith is back in the real estate business with new Dallas firmDallas News

all 2 news articles »


Page Six

Former Ataris bassist charged with running $27M real estate scam
Page Six
Michael Davenport, the former bassist for the pop-punk band The Ataris, has been charged with conspiracy to commit mail and wire fraud, five counts of wire fraud, and one count of mail fraud. The indictment against Davenport, 49, and a woman named ...
Ex-bassist for The Ataris was allegedly running quite the real estate scamAV Club

all 5 news articles »


Forbes

Real Estate Investment Trusts, Publicly Traded Partnerships And The 20% Business Deduction
Forbes
Real Estate Investment Trusts (REIT) and Publicly Traded Partnerships (PTP) get special treatment in the Tax Cuts And Jobs Act (TCJA)- Sorry I just can't call it tax reform. Maybe tax deform, but that sounds silly. TCJA repealed Section 199, a kind of ...



New York Times

House Hunting in … Germany
New York Times
There are signs, however, that the real estate market in Germany is starting to slow, said Michael Voigtlander, an analyst with the Cologne Institute for Economic Research. After years of rising prices, he said, “down payments as well as transaction ...



Nasdaq

China blue-chips ease as consumer, real estate firms take breather; Hong Kong down
Reuters
SHANGHAI, Jan 17 (Reuters) - China's blue-chips fell on Wednesday morning as investors pocketed gains in consumer and real estate firms. ** China does not need to raise benchmark interest rates in the near-term as market rates and corporate borrowing ...
China stocks end mixed as consumer, real estate firms take breatherNasdaq

all 7 news articles »


Travel Weekly

MGM real estate spinoff wants to buy Caesars real estate company
Las Vegas Sun
MGM Growth and VICI are REITS, or real estate investment trusts. In both cases, the REITS own the land and properties of the resorts and lease it back to the companies that operate the hotels and casinos. MGM Growth today issued a statement saying it ...
MGM real estate company submits offer for Caesars propertiesTravel Weekly

all 64 news articles »

Google News

home | site map
© 2006 TIGER MEDIA