Showing posts with label HUD. Show all posts
Showing posts with label HUD. Show all posts

Sunday, January 8, 2012

ASHI Inspection World 2012


Just finished attending this years #1 rated home inspection industry conference, ASHI Inspection World 2012 in Phoenix Arizona. Four days of outstanding educaction tracks, events, tours, vendor displays, marketing and networking with industry professionals from around the world.

For you history and fine dining buffs who have an opportunity to visit the Phoenix area, don't forget the "Wrigley Mansion" directly adjacent to the Arizona Biltmore Resort.

Happy New Year!

Sunday, May 15, 2011

Drainage, Drainage, Drainage!


I know it never rains in Southern California, at least not very often. When it does, is your home or property protected from possible water damage? Here's a short list of the issues that drive inspectors crazy:

1. Faulty grade elevation issues. The perimeter grade (Soil) should be a minimum of 4" below the exterior wall sill plate framing, stucco weep screed and or siding surfaces.

2. Faulty paved or covered surfaces (Flat Work) should be a minimum of 2" below the exterior wall sill plate framing, stucco weep screed and or siding surfaces.

3. Negative slope or grade conditions. The perimeter landscape, soil, flat work, etc. should have a positive slope away from the structure foundation. Never allow standing or ponding water at or near the foundation.

4. Rain gutters? Do you have any? If not, why not? A properly installed rain gutter system with proper discharge to a safe location away from the structure and foundation will help your home or other structure fight off water damage.

5. Perimeter yard area drainage system. If you don't have one, why not? This is the primary source for maintaining a consistent moisture level around the structure and foundation.

Controlling excessive moisture conditions in and around your property will help you and your home have years of enjoyment at a much lower maintenance cost.

Sunday, March 29, 2009

REO - Utility Liability


The real estate industry transactional sales requirements and protocols in particular are changing frequently. REO's have become the predominate transaction in many areas across the country. The buyer and agent preview dozens or maybe even hundreds of properties. The buyer with assistance from their agent make an offer to purchase and are successful with bank approval. Now the fun begins. You need to perform your due diligence, including, but not limited to appraisal, physical inspection, termite inspection, geology review and or environmental inspection. You need the utilities to be active for many of the inspections to be performed correctly. But wait! the listing agent refuses to activate the electric, gas and or water services. You or your agent decide to put the services in your names and activate the utilities.

Property liability jumps to the forefront of the issues to consider. Are there known or unknown plumbing leaks, gas leaks or electrical safety issues within the vacant REO property? You're about to find out! It gets better, if the property is damaged by any of these services being activated, who do you think the bank or property owner is going to pursue damages against? You don't own the property quite yet, so your existing homeowners policy isn't going to help you.

Over the past year or so, I've been deposed as an expert witness on more than one occasion involving these issues and or scenarios. It never ends well. The party who has activated the services ends up having full or shared responsibility with regard to property damage, repair and or remediation.

On your next real estate purchase, request and insist the owner or listing agent make the property available for proper inspection including, but not limited to all utilities being active at time of inspection.