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Older Home Inspection Tips – Replace Your Knob and Tube Wiring

One area of significant concern with older home inspection is the wiring. During the period between 1930 and 1950, when household demands for electricity were much lower, most home wiring included a type of wiring called knob and tube. Today’s homes use much more current to run all of the newer appliances families require to live a comfortable lifestyle. In older homes with this type of wiring fires are much more of a risk.

A simple trip to the basement of your house can reveal if you have this type of current system. If you see white knobs attached to the joists with wires running through them, chances are this is knob and tube wiring. The knobs acted as insulators from objects while the ceramic tubing provided the support for wires as they travel through floor joists.

Older home inspection today requires catching this type of wiring system with recommendations of complete replacement in order to avoid costly or life threatening fires. This includes replacement of not only the fuses but the wires as well. Simply put, If you upgrade the panel, then replace the wiring as well.

An important side note is that a lot of insurance companies will not write or renew policies where there is existing knob and tube wiring. Nothing can be more frustrating than finding out your proud real estate purchase will not be covered prior to closing.

Rather than hoping your house passes inspection, make sure your professional older home inspection includes the wiring system and recommendations for replacement before it causes undue headache.

Home Inspection Tip – Five Home Maintenance Areas That Can Snag the Sale of Your Home

The last thing you want when you’re selling your home is to discover problems that could jeopardize the sale. While a home inspection will reveal the condition of your home, you won’t have to be afraid of issues that come up if you’ve kept your home well maintained. With good home maintenance you can avoid some of the most common imperfections and problems found by home inspectors.

Home maintenance tasks are often put off for various reasons, such as lack of time, lack of money, or simply lack of interest. However, when it comes time to sell your home and you know buyers are looking, it’s time to take care of business.

The little things that nag you may be major issues to a prospective home buyer, and they could cost you the sale. You can eliminate the vast majority of problems and stress by checking on five important areas.

1. Dirty filter and coils in the furnace, air conditioning or heat pump system. Having your heating and cooling system serviced by a professional once a year should take care of this problem. You should also clean or replace filters every one to three months, depending on the requirements of your system. This is important for long life of your unit, efficiency, fuel savings, and the assurance you’ll have proper heating and cooling in your home.

2. Poor Caulking of Ceramic Tile in the Tub and Shower Area. It can cost thousands of dollars to repair or replace a rotted shower wall. You can avoid this by caulking tiled areas for a few dollars. If you can see a crack in the calk or grout, you know it’s large enough for water to get in.

3. Ground Fault Circuit Interrupters (GFCI) not Functioning properly. Those electrical outlets with the “Press” and “Test” buttons are GFCI’s. They’re very important in reducing or preventing the chance of electrocution. Push the “Test” button to see if the GFCI’s are working as they should. If not, they’re inexpensive to replace and should only take about fifteen minutes to install. If you have questions or concerns, call a professional electrician.

4. Wood rot. This is a big one, and it can snag the sale of your home. What inspector wouldn’t love to report that a home is free of wood rot and structural damage? Selling your home can be made simpler and more enjoyable if you are knowledgeable about preventative maintenance. For example, have a good moisture barrier under the crawl space. Keep an eye out for leaks around windows, doors and the roof.

5. Amateur Workmanship. Did you weekend handyman brother-in-law help you remodel the kitchen last year? When amateurs do home projects, often the materials used aren’t right for the intended purpose, or they’re of poor quality, or both. Inspections are seldom performed or permits obtained when such projects are done by amateurs. Unfortunately amateur work can complicate a closing.

Be sure to keep your home in good shape to make things go smoothly for your home inspector and for the selling process as a whole. You’ll be glad you did.

Home Inspection: Pre-inspected Listings

The future of real estate?

* Home inspections have traditionally been for the benefit of the purchaser.

* Pre-inspected listings benefit all parties – purchasers, vendors and Realtors.

Deals are less likely to fall through.
Home inspections, performed as a condition of the offer, can kill deals – and often needlessly. Sometimes this is because the purchaser gets cold feet; sometimes there’s a big problem no one knew about. Sometimes it is because the house has been misrepresented; sometimes it is because the home inspector scared the purchasers by not explaining that minor and typical problems are just that – minor and typical.

If the home inspection is performed prior to the house being listed, all parties will be aware of the physical condition of the house before an offer is drawn. There will be less likelihood for surprises after the fact. Deals will be less likely to fall through.

Pre-inspected listings can avoid renegotiation.
In a buyer’s market, most houses have to be sold twice. It takes a lot of work to get a signed Agreement of Purchase and Sale… then the home inspection is conducted and the purchaser wants to renegotiate.

If all parties know the condition of the house prior to the offer, there is generally a lesser need for renegotiation. As most Realtors know, renegotiation can be very difficult. Vendors have already mentally sold the house; purchasers are suffering from ‘buyers’ remorse’. Egos, pride and frustration can muddy the already emotional waters.

A vendor who pays for a home inspection will be further ahead than one who has to renegotiate. He or she may even sell their house faster.

Unrealistic vendors.
An inspection at the time of a listing can also help a Realtor deal with a vendor who has unrealistic expectations. The inspection report is good ammunition for explaining why you can’t ask top buck for a house that is not in top condition.

Repairs prior to sale.
Sometimes, the home inspection will reveal items which should be repaired immediately. A pre-inspected listing allows the vendor to repair the problem prior to putting the house on the market.

If the inspection occurs after the Agreement of Purchase and Sale, the purchaser could walk, renegotiate or depending on the inspection clause, the vendor may have the option to make repairs. A repair made by an unmotivated vendor to satisfy the condition may not be the best repair and may not meet the purchaser’s expectations. This has caused more than one deal to not close.

Peace of mind for the purchaser.
There is no doubt that part of the value of a home inspection is a guided tour of the house for the prospective purchaser. Perhaps the inspection company could return to do a walk-through with the purchaser, if requested.

Reputable inspection companies.
Pre-inspected listings will only have value if the home inspector and/or company is perceived to be reputable, qualified and properly insured. Prospective purchasers might have little or no faith in a report created by someone they perceive to be working for the Vendor or Listing Agent.

Editor’s Note: This article is for discussion purposes only and does not represent any policy or opinion on the part of Electrospec or it’s representatives. It is intended only as “food for thought”, and it is hoped that no one will be offended by the suggestive nature of any parts of the article.

Summary.
Does the future of home inspections lie in pre-inspected listings? Will offers be cleaner and deals less likely to be renegotiated or fall through? Will pre-inspection afford purchasers, vendors and Realtors a new measure of equilateral protection?

Hmmm…