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Home inspections are a necessary part of both the home selling and buying process. It is important to be sure that when hiring a home inspector that you are sure to hire a qualified individual or company. Below is a list of things to keep in mind to ask your potential inspector.

 

  1. What are your qualifications? 
     
  2. How many home inspections do you perform in a year that is similar to my home? 
     
  3. Can you provide a list of references that we can contact? 
     
  4. What is your turnaround time to receive the report? 
     
  5. What will be included in the report? 
     
  6. How much will the report cost?  

For an easy, quick search of certified Home Inspectors in your area you can visit The American Society of Home Inspectors or the National Association of Certified Home Inspectors.

 

Your Home Inspector will perform a “visual” inspection to determine the condition of your home. To better understand what may be included in your report and what your Home Inspector will be looking for see the list below.

 

  • Foundation and Framing
     
  • Roofing and Flashing
     
  • Gutters and Drainage
     
  • Siding
     
  • Decks and/or Porches
     
  • Driveways and Sidewalks
     
  • Doors and Windows
     
  • Stairs and Railings
     
  • Ceilings and Walls
     
  • Electrical
     
  • Plumbing
     
  • Heating and A/C
     
  • Ventilation
     
  • Attics
     
  • Basement
     
  • Garage

Photo courtesy of www.stockmonkeys.com/Flickr.com

How to Prepare for Your Mortgage Lender

by Allyson Hoffman

Meeting with a mortgage lender can be a little nerve wracking for all of us, but what better way to conquer those nerves than to be prepared. Your lender will require a variety of documentation from you in order to process your home loan application.

  • Employment information.
    Include current contact information for all your employers in the last 2 years
     
  • W-2s.
    These forms should have been given to you from your employer.
    Include W-2s the last two years filed
    You may also want to make a list of any additional sources of income such as self-employment income, pension’s, rental income, child support or alimony or social security.
     
  • Pay stubs.
    Include pay stubs received in the last 30 days.
     
  • Federal income tax returns.
    Include tax returns filed in the last 2 years
     
  • Bank statements.
    Bank statements for any/all your accounts for the last 2 months
    Providing these statements will verify that amount of cash available for your down payment
    In the event that a portion of your down payment is a gift, grant or assistance program, you may need to provide documentation to verify this as well
     
  • Current debts.
    Make a list of any/all debts you have with company names, account numbers, balances and minimum monthly payments

Your lender may have already given you a list of items required and if not use this as a guideline. Most institutions will require similar documentation, but check with your lender first as they made need additional information from you.

 

Image courtesy of David Wall/Flickr.com

10 Tips to Prepare Your Home For a Showing

by Allyson Hoffman

You only have one chance to make a first impression with potential buyers so it is important that your home is in tip top shape and ready for showing. By now you have already discussed with your agent any (if any) major things that needed to be done to your home, however prior to a showing there are a few things that you can do to prepare your home.

1.       Tidy Your Home

 

2.       Unclutter cupboards and closets

 

3.       Make any minor repairs

4.       Cut lawn in the summer and shovel walks in the winter

5.       Put away all valuables

6.       Lock up pets or take them with you

7.       Open all drapes and blinds

8.       Make beds

9.       Turn on all the lights

10.    Leave the house

 

Helping your agent with these few things will help in creating a great first impression for each prospective buyer.

Image courtesy of TNS Sofres/Flickr.com

Displaying blog entries 1-3 of 3

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Photo of Allyson Hoffman & Paul Wells Real Estate
Allyson Hoffman & Paul Wells
RE/MAX of Barrington
306 W. Northwest Highway
Barrington IL 60010
Allyson: 847-310-5300
Paul: 847-913-6100

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RE/MAX of Barrington
306 W. Northwest Hwy.
Barrington, IL 60010

Allyson Hoffman
(847) 310-5300
[email protected]

Paul Wells
(847) 913-6100
[email protected]