Local Realtors®
At YOUR SERVICE

( Hablamos Español )

Buying or Selling? Call us today for expert assistance!

Category Archives: Home Buying Tips

Home Inspection Basics – Why You Need One And What It Covers

If you are planning to purchase of piece of Charlotte real estate, it is highly recommended (not mandatory) that you get a home inspection before making the decision whether or not to buy a particular property. The cost of a home inspection in the Charlotte NC area should set you back $450 or more depending on the type and size of the home you plan to purchase, but it’s worth every penny so don’t skip it!  Buying a home is a big decision and you will want to make sure that the home you want to buy is in good condition.

The type of home inspections available vary depending on the type of property you intend to purchase. For example, a home inspection for a historic home will require a different type of home inspection than a brand new home would require. During a home inspection, a home inspector will check the various home components and systems and produce a written report for your review. We recommend that you meet with the home inspector during the home inspection and be prepared to ask questions about the condition of the property. Below is an overview of the home components and systems the home inspector will check during the inspection. For additional information about home inspection, visit the American Society of  Home Inspectors.

Basic elements of a home inspection

Exterior: The exterior of a home includes, but is not limited to sidewalks, driveways, steps leading to the home (if any), windows, doors, siding (vinyl, brick, stone, wood, stucco, shingle, etc…) and any exterior structures such as porches, desks, balconies, detached garages and fences. If a septic system is present,  the home inspector will briefly inspect the outside of the septic tank. If you wish to have a septic system fully inspected, you should hire the assistance of a company specializing in septic system inspections. Surface drainage will also be checked to determine if corrective actions are needed for proper drainage. Note that a home inspector will not inspect for termites, but may point out that a termite inspection should be performed to further investigate suspicious areas.

Structure: The home inspector will inspect the home structure, which includes the foundation and the framing. The home structure affects how the property stands up to weather, gravity and the earth. The home inspector will look for settlement cracks in the foundation and other issues that could indicate an that the home structure  has been compromised.

Plumbing: The water supply, drainage systems, water heating equipment and fuel storage systems will be thoroughly inspected. Drainage and sump pumps are also included in the inspection. Rust spots, inadequate water pressure, corrosion and banging pipes could be an indication of a problem with the plumbing system.

Roof: To prevent water damage from rain and snow, a roof  needs to be in good condition and leak-free. Flashing, roof drainage systems, shingles, gutters and downspouts, skylight and chimney will be inspected. Watch for loose shingles and flashing as they are the major source of water infiltration through the roof. To verify if water has penetrated through the roof, the attic will be inspected for signs of water damage. The home inspector should be able to determine the approximate age of the roof. Keep in mind that a good qualify roof should last between 20 and 25 years, so if you are buying a home that  is 20 years old and the roof was never changed, try to negotiate the seller’s asking price down and be ready to invest in a new roof in the near future.

Heating: The heating system including the vent system, flues and chimneys will checked. You should try to determine the age of the water heater and ask the home inspector if the water heater size is adequate for the home. An under performing water heater is a guarantee that somebody in the house will be taking cold showers more often than desired!

Air Conditioning: A thorough inspection of the air condition system will be conducted to determine if there are issues preventing the air condition system from operating normally. The home inspector will check for leakage, as well as differential in temperatures between the thermostat and output from the vents.

Electrical: The electrical system of a home must comply with code requirements and be safe. The home inspector will check the entrance wires, service panels, breakers, fuses and disconnects. You personally should check the number of available outlets in each room. A bedroom without any outlet would be a major inconvenience.

Interior features: Inspecting the interior of the house will reveal plumbing leak, insect damage, rot, construction defects and other issues. The walls, ceilings, floors, steps, stairways, railings, counter tops, cabinets, garage doors and garage door systems, appliances, closets, ventilation and insulation, fireplaces and lights will be checked.

A home inspection will help you discover hidden defects with the home you wish to purchase. Keep in mind that no home is perfect and that home inspectors are paid to find issues. Even though a home inspection report may contain many items which in most cases can be repaired very easily and inexpensively.

 www.nc-homeownership.com

Taking The Stress Out Of The Home Buying Process

Buying a home in the Charlotte real estate market (just as anywhere else in the nation) is a process that has unfortunately become increasingly complicated and stressful for home buyers over the years. It’s easy to get attached to a home emotionally, but there are a lot of unknowns during the home buying process that… Continue Reading

Getting The Right Assistance To Help You Own A Home In Gaston County

HOME program – Gaston County’s down payment assistance program Buying your first home can be expensive because of the down payment required by lenders in order to qualify a home loan. If you are looking to purchase your first home in Gaston County, there is a way to minimize your out-of-pocket expenses. There is a… Continue Reading

Married Households No Longer the Majority

Married couples no longer make up the majority of U.S. households for the first time in U.S. history, according to the latest census data. Married couples represent 48 percent of all households, which is down from 52 percent in the last census. Portland State University demographer Charles Rynerson says that with an aging population more… Continue Reading

LET'S CONNECT

Would you like to find out if you qualify for the purchase of a home? A down payment assistance? Are you interested in having Cornerstone Realty help you to sell your home? Call us today or fill out the form below and we will contact you as soon as possible.

Contact Form

Mortgage Center

We have included below a few tools to help you determine your mortgage payments, closing costs and an estimator of how much you could afford based on your income. To get pre-approved for the purchase of a home, give us a call today or fill out an online inquiry from our website and we will contact you with 24 hours of your submission.

About Us

This Charlotte real estate website provides search tools, information and market news for home buyers and sellers. All the properties displayed on this website are generated automatically from the Carolina MLS and are updated daily.

The down payment assistance programs discussed in this website are based on a 30-year fixed loan. Interest rate is the current market rate.

If you have questions, please contact us today. Your inquiry will be answered by a Realtor® licensed to practice real estate.

Contact Information

Office: (704) 837-4672
Email: info@nc-homeownership.com
Address: 317 Matthews Mint Hill Road, Suite 201 Matthews, NC 28105

Mon-Fri: 9am to 6pm EST
Sat & Sun: By appointment only

Charlotte Real Estate website – We provide Real Estate services to home buyers and home sellers in Mecklenburg, Union, Gaston, Cabarrus and Stanly Counties.

Website Design & SEO by Marketing Elements Inc