Real Estate Information

Checklist for Buying a Home


I had a client who called saying that his bath tub just fallen through the floor in his new home (new to him). Mold had eaten away the floor from the crawlspace up. The seller had placed a few 4x4s under the floor to hold everything up long enough to sell the house and get out of town.

I asked if he had the house inspected before he bought it. He said, "no, was that important?"

Even if you do get a home inspector, look for these things yourself. Some home inspectors don't look for these items. Some never go into the house.

Mold test

The number one problem faced by new homeowners is mold. You read about it in the news. Every week I get a call from an attorney gathering info for a lawsuit against a home seller and their real estate agent. The topic is always mold.

You can get inexpensive mold test kits athttp://www.tennesseemold.com

Gutters

The number one cause of mold in a home is improperly installed or damaged gutters. They allow water to pour into the walls. And water causes damaging mold to develop inside the walls. Make sure the gutters are level and aren't bent.

Mud on walls

This goes back to gutters. If the gutters are undersized, excess water pours over the edges of the gutters and onto the ground. This splashes mud against the outside walls. BUT the excess water also seeps into the foundation of the house.

Plants too close

The new owner, of course, can correct this, but did the previous owner allow the plants to trap moisture in the walls? The damage from this moisture may already be there waiting with costly repairs. There should be at least 18 inches between the plants and the outside walls.

Foundation vents

These vents are designed to let air flow through crawlspaces. This house may not have a crawlspace. But if it does, check the vents. Do they open and close? Some builders slop concrete on them and they are permanently open or closed. Potential mold and wood rot problems can result.

Sump pump?

A sump pump is there to remove water from your basement. If there is a sump pump, then there has been excess water in the past. To work, a sump pump needs some water in it anyway. This standing water can lead to mold and termites. Avoid houses with sump pumps.

Yard drainage

Does the yard allow water to flow into the house?

Blown in insulation

Most blown in insulation is cellulose or ground up mold food (wood). Yes that deadly chemical they put in it will stop mold for a few years but not forever. And even the cellulose free insulation sends particles into the air that we can breathe. This is a major problem according to lung surgeons.

Do attic vents work?

Is the attic hot? Just because the attic has vents doesn't mean they work. Motors rust or burn a fuse.

Crusty stuff on basement walls

If you see crusty white stuff on the block in the basement, it means long-term water problems. That white stuff is minerals deposited over time by drying moisture. RUN away FAST!

Water spots on ceiling.

These always hold mold. You only have 48 hours after a leak before mold begins to grow. After that drying won't help.

By all means, hire a home inspector. Don't use a home inspector recommended by the seller or their agent. If an inspector says something bad about a house, they don't get future referrals from the agent. And make sure the inspector goes INSIDE the house.

Sounds stupid but I have been in lawsuits where the inspector did all his work from the yard or even worse, from his car.

For 30 years, Dr Graham has been helping people treat andprevent disease by showing them how to live in a clean environment.

http://tennesseemold.com/ebooks.shtml
DrGraham@themoldlab.com
http://www.GrandPaGraham.com for free newsletter


MORE RESOURCES:

Hypo Real Estate's Viermetz Steps Down After Bailout (Update1)
Bloomberg - 15 hours ago
By Nandini Sukumar and Oliver Suess Oct. 10 (Bloomberg) -- Kurt Viermetz quit as supervisory board chairman of Hypo Real Estate Holding AG, five days after ...
Hypo Real Estate chairman resigns after bail-out Monsters and Critics.com
New HRE CEO Wieandt steps into the limelight guardian.co.uk
UPDATE 1-Hypo Real Estate gets access to credit line Reuters
International Herald Tribune - Reuters
all 180 news articles


Wall Street Journal

Hypo Real Estate Denies Report It Withheld Data on Liquidity
Bloomberg - Oct 9, 2008
By Oliver Suess and Karin Matussek Oct. 9 (Bloomberg) -- Hypo Real Estate Holding AG, the commercial property lender that needed a revised 50 billion-euro ...
CEO of embattled Hypo Real Estate to step down BusinessWeek
German Govt rescues Hypo Real Estate in a Euro 50 bn package Hindu
Hypo Real Estate tripped by funding strategy MarketWatch
Deutsche Welle - Bloomberg
all 1,088 news articles


Forestar Real Estate Group to Release Third Quarter 2008 Results ...
MarketWatch - 10 hours ago
The conference call may also be accessed through Forestar Real Estate Group's Internet site, www.forestargroup.com, by clicking on "Investor Relations ...
Forestar Real Estate Group to Release Third Quarter 2008 Results ... PR-Inside.com (Pressemitteilung)
all 8 news articles


Triad group to give real estate tour The Business Journal of the ...
Bizjournals.com, NC - 12 hours ago
The Triad Dealmakers Symposium announced that it will give a tour of key commercial real-estate projects in Greensboro, Winston-Salem and High Point. ...


Movoto.com Expands Real Estate Search Service to South Texas ...
MarketWatch - 14 hours ago
Movoto's tools make home buying easy with access to an unrivaled quantity of homes for sale, statistics and proprietary real estate information and an ...
Movoto adds Houston homes to listings Bizjournals.com
all 8 news articles


eawood real estate agent pleads guilty in mortgage fraud scheme
Bizjournals.com, NC - 15 hours ago
A Leawood real estate agent pleaded guilty to several charges related to a mortgage fraud scheme that federal prosecutors say bilked lenders for more than ...
Kansas man pleads guilty in $12M home loan scheme Forbes
all 19 news articles


Weak real estate continues to draw down Bank of Florida earnings
Bizjournals.com, NC - 16 hours ago
The bank said in a release announcing preliminary third quarter results that continued weakness in real estate values caused it to set aside more money for ...
Bank of Florida Corp. Provides Preliminary Third Quarter 2008 Results Business Wire (press release)
SCVBank Finds Growth Opportunities in Challenging Market MarketWatch
Bank of Florida reports $3.4M third quarter loss Naples Daily News
all 29 news articles


TEXT-Moody's on Hypo Real Estate Bank International AG notes
Forbes, NY - 16 hours ago
... EMEA CMBS transactions as described in the Rating Methodology report 'Update on Moody's Real Estate Analysis for CMBS Transactions in EMEA', June 2005. ...


Real estate department grants stay for Cole
Bakersfield Now, CA - 7 hours ago
By BakersfieldNow.com Staff A high-profile Bakersfield real estate agent will not lose his real estate license as scheduled on Oct. 15 after being granted a ...
Cole secures extension to keep real estate license for now Bakersfield Californian
all 3 news articles


Bad Economy Not Discouraging Some Real Estate Developers
ABC2 News, MD - 9 hours ago
And Silo Point is being sold with gusto...even though real estate in Baltimore is in a slump. "We have fitness centers we have retail we have spas in here ...

Real-Estate - Google News

home | site map
Realty Web Services © 2007 MesaSky Services