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Home Inspections - Not Just for Buyers - Episode 5

Real Estate Resource Podcast

Release Date: 03/03/2016

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Real Estate Resource Podcast

This podcast is providing the latest information on the real estate market condition in the Twin Cities.  Visit   for more information. #RealEstateResource #TwinCitiesRealEstate

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Real Estate Resource Podcast

This podcast is providing the latest information on the real estate market condition in the Twin Cities.  Visit   for more information.  

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Real Estate Resource Podcast

This podcast is providing the latest information on the real estate market condition in the Twin Cities.  Visit   for more information.    

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Real Estate Resource Podcast

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Expired Listing Podcast Visit Three main reasons why your house expired Price Home Condition Marketing Today’s expectations Move in Ready Improvements Location Analyze Your Feedback Search results Showings Online Presence Tour other Homes on the market in your area How to avoid overpricing – 3 common pitfalls                 Agent                 Come down ...

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Everything you need to know about Radon In this episode I answer the most common questions regarding Radon in Real Estate. What is Radon? How Dangerous is it? Why should I test for it? Where can I get a radon test? Types of tests. Levels of radon that are acceptable. How does radon enter your home? Selling your home? A tip that will save you and the buyer money. I have an offer in and the radon is high. Now what? My home has tested high, now what do I do? How much does a mitigation system cost? If I seal the cracks will it reduce radon? How long does it take to install a mitigation system?...

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Real Estate Resource Podcast

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Whether your search for senior housing is prompted by a family member’s serious medical condition or the desire for a lifestyle change, finding the right place to live can be challenging and stressful for both you and your family. However, the earlier you assess your current needs and how those needs may evolve over time, the more choices and control you’ll have. ...

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Real Estate Resource Podcast

So you have 3 showings the day it is listed and now it’s back to the work week. The first 3 weeks of a listing is the busiest and you must be prepared for every showing like it was the only one you are ever going to get.   Make it count.   I discuss tips and musts you need to take in your busy schedule to hit that showing out of the park. Topics include: ...

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More Episodes

Home Inspections – Not just for Buyers

 In this week’s episode, I talk about home inspections and what you need to know about them. The are not just for buyers and what additional inspections can you get. For more information, checkout Real Estate Resource at http://www.realestateresource.org

Home Inspections

What Buyers and Sellers should know - Liability

  • Buyer Inspections
    • How long do they take
    • Why you should attend
    • What to look for
      • Roof Issues
        • Shingles that look like they leak
      • Big electrical items
        • Overloaded electrical panels
        • Exposed wiring with tape.
        • Electrical cords everywhere
      •  Plumbing Issues
        • Not enough water flow
        • Leaks
        • Clogged drains
        • Steel drains that need replacement
      • HVAC or Heating and Cooling Issues
        • Cracked heat exchanger is a red flag
        • Boiler that leaks gas
        • Backdrafting water heater
      • Other things
        • Foundations
        • Wet basements
        • Moisture / Mildew smell
        • Buried oil tanks
        • High radon
        • Asbestos
    • All Reasonable to bring up.  Things you will likely not be able to arm wrestle with the seller are:
      • Code changes such as GFI, stairway safety, and backflow.
      • Appliances
      • Garage door opener
      • Windows
      • Peeling paint

 

    • Seller Inspections
      • Why would I get one
        • Avoid landmines that will cost you more later.
        • Adds value and creates transparency trust
        • Many cities are now requiring such as Minneapolis and Saint Paul.
        • What to look for.
    • Radon Testing
      • Minnesota Radon Awareness Act
        • New section in the disclosure which will increase testing in transactions.
      • $10 for water and gas test kits
    • Moisture and Mold tests
      • Mold tests – Home kits
      • Intrusive testing
      • Siding – stucco
    • Thermal Testing
      • Leaks in the ceiling
      • Insulation problems
      • Shower leaks
      • Even if the carpet guys covered vents
      • Electrical scan for overheated conductors
      • Radiators in old homes if they are heating properly.
  • Follow up with the importance of inspections
    • Get one whether you are the seller or buyer.
  • Always remember there are 4 options after a inspection
    • They are:
      • Cancel the PA
      • Negotiate on the Price
      • Ask for repairs
      • Or just do nothing