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Slide 1 of 33 Home Inspection Class Redfin’s Montgomery Team September 5, 2013 - Bethesa, MD Host: Michael Wells & Margaret Plumly Follow: @RedfinDC Like:http://www.facebook.com/RedfinDC
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Slide 2 of 33 A Little Bit About Who We Are Redfin is a real estate brokerage that has helped over 20,000 people buy or sell a home; 97% would refer us to a friend. ● Customers, not commissions ● Informed decisions ● Right home for the right price No obligation Commission credit
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Slide 3 of 33 Understanding the Buying Process
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Slide 4 of 33 Are You Ready to Buy? ● Do you have a family and need room to grow? ● Do you expect to stay put for 5 or more years? ● Have you saved up a down payment? ● Can you rent for less?
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Slide 5 of 33 Overview of a Purchase Research NeighborhoodsReal Estate AgentsMortgage OptionsPreapprovalConsider your needs Search Define PreferencesSaved SearchHome ToursOpen Houses Offer ComparablesDraft Offer DocsNegotiateMutual Acceptance Closing Earnest MoneyInspectionLoan applicationTitle ReviewAppraisalFinancing ApprovalClosing
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Slide 6 of 33 Searching for a Home
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Slide 7 of 33 Benefits of a MLS Powered Site ● All the homes for sale: 30% more listings ● You see what the agent sees: 4x the data ● Real-time market data: photos, details of just-sold homes
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Slide 8 of 33 Inspections
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Slide 9 of 33 Inspection Services ● The exterior of the home and the inside should be evaluated equally.
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Slide 10 of 33 Lots and Grounds ●Issues with lots and grounds can cause many issues. ●Grade issues can cause structural damage to a home due to poor grade or poor sloping. ●Trees or bushes can cause damage from the roots to the limbs.
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Slide 11 of 33 Lots and Grounds ● The lot and grounds of a home are very important. These are some of the most important items that should be documented on your property. ► Grade ► Driveway ► Patio ► Walks ► Steps ► Porches ► Decks ► Balconies ► Trees and bushes ► Window wells ► Fences ► Surface drains ► Lawn sprinklers
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Slide 12 of 33 Exterior Surfaces & Components ●The exterior surfaces portion of the inspection should document in detail the areas below ►The buildings exterior surface and its condition. Including all trim, doors, windows. ►Door bells ►Exterior lighting ►Exterior outlets ►Hose bibs ►Gas meter and shut off
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Slide 13 of 33 Roofing Systems ●Roof style, material, condition, age and location ●Flashing material ●Valleys ●Skylights ●Gutters, downspouts and leader material ●Plumbing vent ●Chimney material and location
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Slide 14 of 33 Roofing Systems ●Skylights can leak if not properly installed ●Inspect from the inside thermal imaging and moisture scanners ●2 Types of materials used on skylights: ► Plastic windows ► Insulated glass ●Insulated does not allow condensation
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Slide 15 of 33 Attic Components ●The roofs framing and sheathing ●The insulation type and depth ●Attic ventilation ●Attic fans and house fans ●Wiring ●Bathroom fans should pass through the attic to the exterior
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Slide 16 of 33 Attic ●Insulation type and depth should be inspected ●Condition should be determined ●Proper depth of insulation is generally 10” – 16” ●If pest entry occurs may need to remove all insulation
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Slide 17 of 33 Garage ● Type of structure, detached or attached ● Exterior material and condition ● Service door, overhead door, opener ● Electrical outlets and lighting ● Condition of the slab ● Roof and gutter system
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Slide 18 of 33 Bathrooms ●Bathroom walls, ceilings and floors can give you ideas if water was an issue. If a ceiling of a bathroom has water marking or staining then there may be a possible leak from the bathroom above the ceiling. ●This particular home had a leaking overflow in the bathroom tub above this ceiling.
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Slide 19 of 33 Garage Bathroom walls, ceilings and floors can give you ideas if water was an issues Bath ceiling with water mark could indicate leak from above
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Slide 20 of 33 GFCI Outlets ● Areas where water and electric could meet should have GFCI outlets, Ground Fault Circuit Interrupter, such as bathrooms, kitchens or garages.
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Slide 21 of 33 Fireplaces ●Fireplace construction will be prefab, brick or stone. ●Gas leaks on gas log sets ●Flue condition should be documented ●Damper location and condition
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Slide 22 of 33 Bedrooms ●Walls ●Floors ●Windows ●Smoke detectors ●Test for water issues with moisture meter and thermal imager
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Slide 23 of 33 Kitchen ●Appliances that will require testing. Identifying if on recall lists. ●Electric outlets in kitchens should be GFCI type outlets ●Inspect plumbing components to assure there are no issues with traps or faucets. ●Cabinet installation ●Countertop installation
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Slide 24 of 33 Electrical Services ●Test outlets and wire condition ●In the electrical breaker box look for ►Breaker to wire connections should be sized properly ►Multiple connections on a breaker ►Overheated breakers ►Open areas in breaker box ►Frayed wiring or fuse panels
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Slide 25 of 33 Electrical Services ● Example of an over-heated breaker due to double-tap
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Slide 26 of 33 Structural Inspections ●There are areas of concern that can be seen from the exterior of the home to the basement. ●Structural type, brick or wood frame? ●Beam and post material should be documented ●Joist or trusses should be sized ●Slab condition and location
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Slide 27 of 33 Basement Inspections ● Some pumps need to be inspected properly because they are one of the main reasons basements get water. Ejector pumps need to be tested also.
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Slide 28 of 33 Plumbing ●Service line material and condition ●Water main location ●Water piping material, condition, water pressure and volume ●Galvanized water piping versus copper ●Waste and vent piping material and condition ●Service access will need to be located and documented ●Gas leaks ●Water heater age, condition, type
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Slide 29 of 33 Plumbing ● Service access for your sewer for issues with blocked-sewer repairs
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Slide 30 of 33 Plumbing ●Water heaters will need to be checked for ►Gas leaks ►Water piping leaks ►T & P pressure valve and piping ►Leaking tanks ►Insufficient heating
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Slide 31 of 33 Laundry Room ●Inspect laundry room for ►Dryer gas piping for leaks ►Electric outlets require GFCI outlets ►Laundry tub and drainage system for the washer ►Flood pans for washers in 2 nd floor areas
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Slide 32 of 33 Crawl Space ●Inspect for: ►Moisture barrier ►Vapor barrier ►Ventilation ►Sump pumps ►Insulation ►Electrical ►Mold
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Slide 33 of 33 Thanks for Coming! Questions? Get in touch: Presenter1 : Michael Wells michael.wells@redfin.commichael.wells@redfin.com Presenter2: Margaret Plumly margaret.plumly@redfin.com Check out our upcoming classes: http://www.redfin.com/buy-a-home/classes-and-events
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