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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 Like:http://www.facebook.com/RedfinDC.

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Presentation on theme: "Slide 1 of 33 Home Inspection Class Redfin’s Montgomery Team September 5, 2013 - Bethesa, MD Host: Michael Wells & Margaret Plumly Like:http://www.facebook.com/RedfinDC."— Presentation transcript:

1 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

2 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

3 Slide 3 of 33 Understanding the Buying Process

4 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?

5 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

6 Slide 6 of 33 Searching for a Home

7 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

8 Slide 8 of 33 Inspections

9 Slide 9 of 33 Inspection Services ● The exterior of the home and the inside should be evaluated equally.

10 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.

11 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

12 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

13 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

14 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

15 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

16 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

17 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

18 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.

19 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

20 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.

21 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

22 Slide 22 of 33 Bedrooms ●Walls ●Floors ●Windows ●Smoke detectors ●Test for water issues with moisture meter and thermal imager

23 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

24 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

25 Slide 25 of 33 Electrical Services ● Example of an over-heated breaker due to double-tap

26 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

27 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.

28 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

29 Slide 29 of 33 Plumbing ● Service access for your sewer for issues with blocked-sewer repairs

30 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

31 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

32 Slide 32 of 33 Crawl Space ●Inspect for: ►Moisture barrier ►Vapor barrier ►Ventilation ►Sump pumps ►Insulation ►Electrical ►Mold

33 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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