http://yoursoapbox.co.nz/advice/pre-sale-home-inspection/

 

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Pre-Sale Home Inspection

Most real estate agents agree: buying or selling a home ranks among the most stressful experiences of adult life. It can get to the point of being an emotional battle of wills between buyers, sellers and real estate agents all wanting the best deal for the house. And, once that deal is negotiated and accepted everyone can then sit back and plan their move, or can they?

In almost all property transactions today there are still conditions to be met even after the price and terms have been negotiated and accepted. Twenty years ago, it was rare to see an offer on a property with a condition that the home must be inspected by a professional home inspector. Today, it is rare to see an offer that does not have this contingency. How does that affect the home seller?

Basically, it means that the home will be put under the “micro-scope”. A home inspector will go through the property, itemising any and all of the Home’s minor and major defects, and will report those findings to the purchaser. The inspector’s job is to carefully check the home’s structural and mechanical systems for problems that can lead to large repair bills later. The home inspection is a critical part of the sale process. Nobody wants to buy a “bad” house. However, some buyers use the results of a home inspection as an opportunity for re-negotiation, often requesting the homeowner to reduce the sale price by thousands of dollars. This process can turn into a nightmare for an unprepared seller. Home inspections can cost home sellers thousands of dollars and in some cases, a failed transaction.

No home is perfect. Many homes may not have major problems, but even a number of minor defects can give rise to a buyer’s request for abatement (a reduction in the sale price) or a complete release from the agreement. Sometimes it’s just that the home inspector scared the purchaser by not explaining that the minor and typical problems are just that – minor and typical. The last thing any homeowner wants in the “eleventh hour” of the sale is a purchaser who wants to re-negotiate the sale.

The Solution:

We will have a professional home inspection prepared on your property when you first put your home on the market. Many homeowners aren’t even aware of some of the minor problems that may exist in their home. Having knowledge of these problems before an offer comes in gives you the opportunity to remedy some of these issues or make the buyer aware of them before the sale is made.

Dealing with these issues before an offer comes in will greatly reduce the possibilities of a buyer attempting to use the minor problems as a reason to ask you to reduce your price even further. This program has already helped many home owners achieve better results.

The inspector’s job is to carefully check the home’s structural and mechanical systems for problems that can lead to large repair bills later.

Pre-Sale Home Inspection

Duane and Sarah Turner
Office: 09 811 8018
Mobile: 027 376 4806
Email: duane.turner@abuyerschoice.co.nz
Website: www.waitakere.abuyerschoice.com

Author: Sarah Turner
For: A Buyer’s Choice Home Inspections
SoapBox Group: Henderson Friday

Duane Turner
Office: 09 811 8018
Mobile: 027 376 4806

duane.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

 

Pre-Inspected & SOLD

Pre-Sale Home Inspection 

 

 

Most real estate agents agree:   buying or selling a home ranks among the most stressful experiences of adult life. It can get to the point of being an emotional battle of wills between buyers, sellers and real estate agents all wanting the best deal for the house. And, once that deal is negotiated and accepted everyone can then sit back and plan their move, or can they?

 

In almost all property transactions today there are still conditions to be met even after the price and terms have been negotiated and accepted. Twenty years ago, it was rare to see an offer on a property with a condition that the home must be inspected by a professional home inspector. Today, it is rare to see an offer that does not have this contingency. How does that   affect the home seller?

 

Basically, it means that the home will be put under the “micro-scope”. A home inspector will go through the property, itemising any and all of the Home’s minor and major defects, and will report those findings to the purchaser. The inspector's job is to carefully check the home’s structural and mechanical systems for problems that can lead to large repair bills later. The home inspection is a critical part of the sale process. Nobody wants to buy a “bad” house. However, some buyers use the results of a home inspection as an opportunity for re-negotiation, often requesting the homeowner to reduce the sale price by thousands of dollars. This process can turn into a nightmare for an unprepared seller. Home inspections can cost home sellers thousands of dollars and in some cases, a failed transaction.

 

No home is perfect. Many homes may not have major problems, but even a number of minor defects can give rise to a buyer’s request for abatement (a reduction in the sale price) or a complete release from the agreement. Sometimes it’s just that the home inspector scared the purchaser by not explaining that the minor and typical problems are just that - minor and typical. The last thing any homeowner wants in the “eleventh hour” of the sale is a purchaser who wants to re-negotiate the sale.

 

The Solution:

 

We will have a professional home inspection prepared on your property when you first put your home on the market. Many homeowners aren’t even aware of some of the minor problems that may exist in their home. Having knowledge of these problems before an offer comes in gives you the opportunity to remedy some of these issues or make the buyer aware of them before the sale is made.

 

Dealing with these issues before an offer comes in will greatly reduce the possibilities of a buyer attempting to use the minor problems as a reason to ask you to reduce your price even further. This program has already helped many home owners achieve better results.

 

The inspector’s job is to carefully check the home’s structural and mechanical systems for problems that can lead to large repair bills later.

 

Call Duane today for a free no obligation quote,

Duane Turner
Office: 09 811 8018
Mobile: 027 376 4806

duane.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

Do you smelll something burning?

http://www.buellinspections.com/do-you-smell-something-burning/

 

November 21, 2014 by Charles Buell 2 Comments

If you want to see a seller’s eyes glaze over, just tell them that the receptacles that have been located over their electric baseboard heaters for 50 years are dangerous.  They do not want to hear about either relocating the heaters–or relocating the receptacles.

Even though installing receptacles above baseboard heaters has never been allowed by the manufacturers of these heaters–it was very common in the late 1950’s through the 1960’s.  I find numerous installations like this every year.

I am sure that most of the time nothing ever gets done about it–but I continue to tilt at this windmill regardless. Call me Don Quixote, but I will continue to do so.

On a recent inspection I saw dramatic evidence of what can happen to an extension cord that had been run to a receptacle above a baseboard heater.

This must have made quite a smell when it happened!  There were even spots on the carpet where the hot cord and sparks melted the carpet!

Do you have receptacles over your heaters?  Other combustible items, like furniture and carpet must also be maintained away from these heaters.  Doors should not be able to be opened against them either.

A fire hazard is still a fire hazard no matter how long it has been this way or how lucky people have been in the past.

By Charles Buell, Real Estate Inspections in Seattle

Duane Turner
Office: 09 811 8018
Mobile: 027 376 4806

duane.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

 

Recladding triples the value of an apartment in a formerly leaky building

Posted in Property November 21, 2014 - 01:19pm, Greg Ninness

The Argent Hall apartment building.

Recladding a formerly leaky Auckland apartment building saw one of its units almost triple in value in three years.

The apartment was a 41 square metre, one bedroom unit in the Argent Hall complex on Eden Crescent in Auckland's CBD, which was auctioned by Ray White City Apartments on Thursday.

Although it was small, it came with a balcony, a car park and views across the harbour to Devonport and Rangitoto.

However Argent Hall had been affected by weathertightness issues and has recently been reclad and a new code of compliance certificate was issued for the building in July.

That has had a dramatic impact on the prices being achieved for apartments in the building.

According to QV.co.nz the apartment put to auction had been purchased for $130,000 in 2011, before the building was reclad.

At yesterday's auction there were several bidders for the property and it sold under the hammer for $380,000.

It's most recent rating valuation, issued last week was $285,000.

Related Topics

• Property
• Ray White City Apartments
• apartment prices
• Leaky buildings

Another apartment in the same building sold at the same auction for $312,000, although a sales history for that unit was not available.

Its latest rating valuation was $245,000.

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Those results suggests leaky building values can recover strongly once satisfactory remediation work is undertaken.

The full results from the auction are below:

13f/2 Eden Cres. Argent Hall. A 41 square metre, one bedroom unit with a car park and harbour views. Sold under the hammer for $380,000. Rates $1072 and body corporate levy $6095. Vacant with rent assessed at $480-$500 a week (furnished). The agents were Judi and Michelle Yurak.

1D/1905 Anzac Ave. A 61sq m, one bedroom apartment that was owner-occupied. Came with a storage locker. There were multiple bidders but it was passed in for sale by negotiation with a highest bid of $280,000. The agent was Aileen Wu.

8a/2 Eden Cres. Argent Hall. A 43sq m one bedroom apartment. Vacant. Sold under the hammer for $312,000. Rates $926, body corporate levy $4441.The agents were Judi and Michelle Yurak.

503/96 Symonds St. A 36sq m, two bedroom unit leased to the building managers and returning $365 a week. Passed in at $205,000. Rates $943 and body corporate levy $3700. The agent was Victor Liu.

10a Hobson St. An 85sq m office space with four car parks. Vacant. Passed in for sale by negotiation. The agent was Rae Zhang.

224/430 Queen St. The Volt building. A 43sq m, 2 bedroom furnished unit with 3sq m balcony. Rented at $410 a week. Sold for $242,000. Rates $975. Body corporate levy $3945 (for the year ending September 2014). The agent was Dominic Worthington.

2c/113 Vincent St. A 34sq m, partially furnished two bedroom unit, rented at $340 a week. Passed in for sale by negotiation. The agent was Victor Liu.

1221/135 Hobson St. A 34sq m, one bedroom apartment with a car park. Vacant. Passed in or sale by negotiation.The agent was Victor Liu.

Duane Turner
Office: 09 811 8018
Mobile: 027 376 4806

duane.turner@abuyerschoice.com
www.waitakere.abuyerschoice.com

Waitakere & Surrounding Areas

 

Quirky houses & outdoor entertaining spaces

Browse Residential Property   |   List a property   |   My Trade Me Does this email look weird? View the online version

 

 

 

What takes your fancy? Hi ABuyer'sChoice, We Kiwis love the outdoors and with the smell of hot tar seal, BBQs and sunblock starting to hit our nostrils, it's the perfect time to check out some properties that are winning when it comes to outdoor entertaining. Wanting a house that ticks all the boxes? This renovated villa on Auckland's North Shore has an abundance of features for entertaining with an outdoor sound system, fireplace and lighting for those long summer nights. How about an entertainer's dream in the coolest little capital? Not only is it surrounded by 2.7 hectares of native bush, it also has decks galore – ideal for catching the sun, regardless of the time of day. Go on, have a look, Trade Me Property has something for everyone. Enjoy! Nigel Jeffries Head of Trade Me Property   Find property in Auckland

 

 

Waterfront wonder     This 5-bedroom, 4-bathroom stunner is located in Whangarei's Langs Beach. It has a massive courtyard, a terraced entertaining area with an open fire, and fishing and diving just a short swim or row away. Sounds like heaven!

 

 

Mooney Road marvel     With views across to the Crown Ranges, this contemporary barn in Queenstown is nestled in paradise. The outdoor area has a large area for entertaining, complete with a fireplace and a schist-clad spa pool – dreamy.

 

 

National property values, October 2014   Location Average Value Annual Growth   New Zealand $484,307 5.9%   Auckland $738,083 9.2%   Tauranga $451,665 3.6%   Hamilton $363,753 2.3%   Rotorua $271,242 -1.4%   Napier $328,197 1.9%   Hastings $296,516 -1.9%   Palmerston North $285,971 -0.3%   Wellington $449,913 0.8% Location Average Value Annual Growth   Nelson $407,449 2.5%   Christchurch $463,646 4.3%   Queenstown Lakes $692,508 7.8%   Dunedin $290,100 1.2%   Invercargill $202,871 -0.8%     Source: CoreLogic NZ Ltd View details

 

 

iOS competition: Find Bruce's nest   Bruce, the Trade Me Property kiwi has given his nest a makeover with the latest electronic gear. He wants to help you do the same, with $5,000 worth of Dick Smith store credit up for grabs*. To enter all you need to do is: 1. download the free iOS Trade Me Property app  on your iPhone or iPad 2. type "Bruce's nest" into the search bar 3. find and add Bruce's home to your Watchlist.

 

You'll then be in the draw to win – easy as that!   Download the app & find Bruce's nest now

 

 

Quirky features   One word: funky Once upon a time this 4-bedroom home was a church hall. These days it's one of the coolest houses we've ever seen. Every room is decorated with bright, creative stuff and there's a massive backyard for activities – talk about inspiring! Drawbridge anyone? This house has everything – its own lake, separate barn, a theatre, tennis court, swimming pool AND a drawbridge to name a few. It has so many different spaces to use you could invite all your friends – they'll just have to take turns using the landing pad.

 

 

Introducing: The Rental Price Index Last month we introduced the 'for sale' Property Price Index, and this month we're introducing the same thing for rental properties – super handy if you're a renter yourself, or own a rental property.

 

 

The median weekly rent for a property in New Zealand has risen more than 6 per cent in the past year, according to our new Rental Price Index that popped up for the first time on 11 November. The median weekly rent was $399, up from $375 in October 2013. The new Index measures trends in rental prices for all properties rented through Trade Me Property by private landlords and property managers in October. There's heaps of interesting stuff in there, check it out!   Take me to the Rental Price Index

 

 

Popular properties   Ponsonby flair Auction 3 Dec Harbour views $349,000 Beachfront magic Price by negotiation Family friendly Auction 27 Nov

 

 

All the best for the rest of November, see you next month with some more property eye-candy! From the Trade Me Property team   Twitter Facebook   Trade Me does not guarantee the accuracy of information obtained from third parties.

 

 

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