Claremont, NH

Knowledge is Your Power For The Freedom of a Worry- Free home!

Your Real Estate Agent should run a CMA for you. ( Comparative Market Analysis )

The CMA should provide you with information about the homes that are being compared, like the square footage, the number of bedrooms and baths, the listing price and the selling price. Be sure that your Agent is only investigates the homes that are similar to the home you are wanting to buy. It does you no good to compar a three - bedroom, with two-bath home to your four-bedroom, with only one bath home selction is really of little value to you. A CMA that shows properties from a neighborhood four or five miles away is also of little value to you. Your CMA report should list the sales of similar homes in the immediate neighborhood of the home you want, within the last year. The more current the information is the more the CMA well be of help to you in determining the offer you should make on the home. It's really best to be looking at homes that have sold in the last few months in the neighborhood of the home you want to buy. The CMA is a really valuable piece of information to you because it's based on fact rather than on opinion. To really get the most out of the CMA report, you shoud really concentrate on what the homes sold for rather then the listing price. The listing price and the selling price are uselly very different from one another. By looking at the selling prices, you can avoid offering way too much for the home. After you have came up with your offer for the home, your Agent can also use the CMA to show the listing Agent why your offer is fair and withing the market price of the neighborhood.

From what I understand only Real Estate Agents that are represntatives of buyers have access to the CMA. So if you should be working with a sellers agent, your not going to be able to obtain this information. This is way it's recommended for Homebuyers to work with a Buyers Agent when looking to buy a home.

Copyright 2008 All Rights Reserved

I hope you and your family always have a fun and safe day!

This posting and the contents that are written here are the intellectual property of Baker Home Inspection and Consulting. All views and opinions expressed here by Baker Home Inspection and Consulting, and those that are kind enough to leave a comment are just that.

Baker Home Inspection and Consulting Blog is a part of the Active Rain Real Estate Network, which is a social community network made up mostly of Professionals in the Real Estate Industry.

Link to Part 1 of First Time Homebuyers Across America

Link to Part 3 of First Time Homebuyers Across America

Knowledge is the Power for Your Freedom to a Worry Free Home!

First Time Homebuyers Across America, other market information to think about before you make a purchase offer.

Look for information about other factors than just the selling price of homes comparable to the one you may want to buy. Take time to look at the other homes that have sold in the neighborhood you and your family are going to buy a home in. What kind of condition is the outside of the home in, what about the yard ?

Does the home you and your family want to buy appear to be in better condition than the others ?

Look way beyond the size and number of rooms in the home. This information can make a big difference in just how much you are willing to offer the seller's.

Also think about any extras the home you are looking at may have. Does the home have an addition that may include a expanded kitchen may be another bathroom ?

Is there a pool or does it have an extra large garage ?

Is the landscaping a part of its charm to you and your family?

Expanded living space of a home can influence the final price. Be careful not to be talked in to overestimate cosmetic additions, such as a swimming pool or that beautiful yard. That swimming pool in the back yard may be a deciding factor for you and your family. Remember pools are a lot of hard work to keep up. The pool could also be a big disadvantage if and when you may try to sell the home later. Just because a pool cost $40,000 does not add $40,000 to the value of a home.

This posting and the contents that are written here are the intellectual property of Baker Home Inspection and Consulting. All views and opinions expressed here by Baker Home Inspection and Consulting, and those that are kind enough to leave a comment are just that.

Baker Home Inspection and Consulting Blog is a part of the Active Rain Real Estate Network, which is a social community network made up mostly of Professionals in the Real Estate Industry.

Copyright 2008 All Rights Reserved

I hope you and your family always have a fun and safe day!

Link to Part 1 of First Time Homebuyers Across America

Link to Part 2 of First Time Homebuyers Across America

Knowledge is the Power for Your Freedom to a Worry Free Home!

Determin how much you and your family can really spend ?

Part of your preliminary preparation of buying a home, you need to take a realistic look at your financial situation.

You may have moved into the home you and your family are looking at to buy emotionally. But are you really able to take on the financial requirements ?

Set a realistic limit on how much you and your family are really prepared to spend on a home.

Do not allow your emotions to overrule your common sense. Be sure to stay within your means and be willing to turn away from a home if you cannot manage the financial responsibility comfortably. You do not want to regret your decision every time you write that mortgage payment check.

This posting and the contents that are written here are the intellectual property of Baker Home Inspection and Consulting. All views and opinions expressed here by Baker Home Inspection and Consulting, and those that are kind enough to leave a comment are just that.

Baker Home Inspection and Consulting Blog is a part of the Active Rain Real Estate Network, which is a social community network made up mostly of Professionals in the Real Estate Industry.

Copyright 2008 All Rights Reserved

I hope you and your family always have a fun and safe day!

Knowledg is the Power for Your Freedom to a Worry Free Home!

HOME BUYER'S CHECKLIST

The following checklist will help you to evaluate and compare the quality of houses that you are considering for purchase. Baker Home Inspection and Consulting will inspect the major components of the house, and will provide you with a complete and detailed report. The following checklist considers a number of items which are normally beyond the scope of a real estate inspection, but are important factors to consider when purchasing a home. Make your own inspection before you decide to make a purchase offer, even if you are not sure exactly what to look for. Make a list of things that you are not familiar with or that just don't look right; then you can ask the seller or home inspector about them later.

[OK] //// [NEEDS ATTENTION] ---------- LOCATION, ENVIRONMENT & NEIGHBORHOOD

[ ] [ ] Evaluate the community and neighborhood. Visit the site both during the day and at night.

[ ] [ ] What are the age, condition and value of the house compared to others in the neighborhood?

[ ] [ ] Is the site free from flooding? In a 100 year floodplain?

[ ] [ ] Is the house conveniently located near your place of employment, Schools, shopping, library, medical care, park & ride, church.

[ ] [ ] What are the local zoning laws or deed restrictions?

[ ] [ ] How do local property tax rates and services compare with other similar areas?

[ ] [ ] Are adequate fire and police services provided?

[ ] [ ] Check the surrounding neighborhood for possible hazardous waste Sites, air and/or noise polluting industries, etc.

[ ] [ ] Is the house old enough for lead paint, asbestos, lead soldered Pipes etc. to be present? (Houses built before 1978 may have Lead paint.)

[OK] //// [NEEDS ATTENTION] ---------- LOT AND GENERAL CONDITIONS

[ ] [ ] What is the condition of walkways, driveways and steps? Any Trip hazards?

[ ] [ ] Does the lot have good drainage? Any yard or downspout drains?

[ ] [ ] Is there any indication of water pending next to the house or Ground contoured to slope toward the house?

(Detrimental to the foundation.)

[ ] [ ] Is the home oriented for maximum benefit and protection from Sunlight, wind, rain etc.?

(A north-south orientation is generally more desirable.)

[ ] [ ] Does the yard have adequate privacy? Room for kids to play?

[ ] [ ] Has the landscaping been well maintained?

[OK] //// [NEEDS ATTENTION] ----------HOUSE - FOUNDATION & EXTERIOR

[ ] [ ] Has the house been remodeled, added on, or had any foundation Repairs performed? Does the seller have building permits?

Warranty information, or other documentation?

[ ] [ ] What is the overall condition of paint, brick or siding?

[ ] [ ] Is there a potential for foundation damage from tree roots or Shrubs which have been planted too close to the house?

[ ] [ ] Has the house, garage, or any other structures on the property been built without proper setbacks or built on utility Easements, right of way etc.? Check your survey.

[ ] [ ] Are all open able windows screened?

[ ] [ ] Is adequate exterior lighting provided at entry, porches, Driveway, etc.?

[ ] [ ] Do exterior doors open and close without dragging or sticking?

[OK] //// [NEEDS ATTENTION] ----------ROOF AND ATTIC

[ ] [ ] Is the age and condition of the shingles comparable to others in the neighborhood?

[ ] [ ] What is the average life expectancy for this type of roofing Material? ________ Yrs.

[ ] [ ] If multiple layers of roof are present, how many?

(3 layers maximum) Does the roof sag?

[ ] [ ] Is the attic well ventilated? Are attic vents screened and in good condition?

[ ] [ ] Type, condition and thickness of insulation? (Modern homes Have 6 to 8 inches of attic insulation.)

[ ] [ ] Are water pipes in attic insulated?

[ ] [ ] Do bath or kitchen vents terminate in the attic where they could cause potential moisture problems?

[ ] [ ] Any indication of past or present insect, bird or rodent Infestation in attic?

[ ] [ ] Is storage space available in attic?

[ ] [ ] Is the attic easily accessible?

[OK] //// [NEEDS ATTENTION] ----------HOUSE - INTERIOR & FLOOR PLAN

[ ] [ ] Evaluate the floor plan by walking through the house as if going about your daily routine

(Versatility of floor plan and serviceability.)[HAC1]

[ ] [ ] Does the house have enough bedrooms and bathrooms?

[ ] [ ] Adequate room sizes and storage space? (Measure if in doubt.)

[ ] [ ] Does placement of windows and doors allow for a variety of furniture arrangements?

[ ] [ ] Do windows provide good cross ventilation and adequate natural Illumination?

[ ] [ ] What is the general condition of carpets and hard surfaced Floors?

[ ] [ ] What is the general condition of drywall, wallpaper, and paneling and any wall tile in baths or kitchen?

[ ] [ ] What is the general condition of cabinets, vanities and counter Tops?

[OK] //// [NEEDS ATTENTION] ----------HEATING AND AIR CONDITIONING

[ ] [ ] What is the age of the furnace and air conditioning system? ______ Yrs. Is it efficient? (Older conventional furnaces May be only 60% efficient.)

[ ] [ ] Has the heat and air been serviced annually?

[ ] [ ] Is the A.C. properly sized? (“Rule of thumb" is 1 ton per 550 square feet.)

[ ] [ ] Are filters adequately sized and located where they can be easily replace or cleaned?

[ ] [ ] Is ductwork in good condition?

[ ] [ ] Are there air registers in every room? (Older homes may not have registers in bathrooms.)

[ ] [ ] Is equipment located where it can be easily serviced, and is protected from physical damage?

[ ] [ ] Is there excessive dirt or mildew around ceiling vent (This result from filters not being changed or improper Sizing of ducts and equipment.)

[ ] [ ] Is equipment located where normal noise levels will not be objectionable or annoying?

[ ] [ ] Is there a separate disconnect switch for the compressor, if located out of sight from the breaker panel?

[OK] //// [NEEDS ATTENTION] ----------ELECTRICAL

[ ] [ ] Does the house have at least 100 amp service? Is the service Entrance wires located at least 10 ft. above grade level or higher if over a driveway? Away from pool or other possible Hazards?

[ ] [ ] Is the house wired with aluminum wiring? Some houses built from the mid 60's to early 70's may have dangerous wiring?

[ ] [ ] Is exterior wiring installed properly with weatherproof outlet Covers and switches? Is exterior wiring installed in conduit?

[ ] [ ] Are adequate electrical outlets provided in every room? (Any Point along a wall should not be more than 6 feet from an outlet.)

[ ] [ ] Are light switches conveniently located at the entrance of each Room, at both ends of hallways and at top and bottom of stairs?

[ ] [ ] Is the service panel located where easily accessible, or is it in a clothes closet or other potentially hazardous location?

[ ] [ ] For older homes: Are electrical outlets grounded? Is G.F.C.I. (shock saver) outlets provided in baths, exterior and Garage locations?

[ ] [ ] Any "handy man" or do-it-yourself type modifications to wiring?

[OK] //// [NEEDS ATTENTION] ----------PLUMBING

[ ] [ ] What type of piping does the house have? Galvanized pipe can Corrode or buildup mineral deposits. Copper pipe may be soldered with lead based solder (houses built before 1989). Polybutylene pipe has a history of coupling related failures.

[ ] [ ] Is there a main shut off valve to the house, and do fixtures Have individual shut off valves for servicing and repairs?

[ ] [ ] How old is the water heater? Heaters become inefficient with age due to mineral buildup. (Normal life expectancy is 10-15 years.)

[ ] [ ] What is the distance from the water heater to the fixtures which will be used most often? (Water temperature drops approximately one degree per 1 ft. of piping.)

[ ] [ ] Does the house have a main sewer/drain cleanout?

[ ] [ ] Are sinks and tubs free from rust, chips etc.?

[ ] [ ] If the house has a tiled shower, is there any indication of previous leaking or heavy caulking around the drain or base Tiles? This could be an indication of a leaking shower pan; this can be expensive to repair.

[ ] [ ] Are washer and dryer hookups conveniently located?

[ ] [ ] Is there an access panel to inspect the tub plumbing and drain?

[ ] [ ] If the house has a private well, has the water quality been tested. How far is the well from the septic system if present? How deep is the well? Does seller have a copy of the well? Log?

[ ] [ ] If the house has a septic system; how large is the tank? When it was last serviced or pumped out? Where is the drainage Field or seepage pit located?

[OK] //// [NEEDS ATTENTION] ----------FIREPLACE

[ ] [ ] Any indications of previous smoking or not drawing properly?

[ ] [ ] Does the damper work?

[ ] [ ] Is there a buildup of creosote in the flue? Has the fireplace ever been cleaned?

[ ] [ ] Does the chimney have a rain cap/spark arrestor?

[OK] //// [NEEDS ATTENTION] ----------CRAWLSPACE OR BASEMENT

[ ] [ ] Is it dry? Any indications of previous water penetration? Any indication of previous plumbing leaks or poor drainage?

[ ] [ ] Has adequate ventilation been provided?

[ ] [ ] Is there adequate crawlspace clearance for inspections and Repairs?

[ ] [ ] Has the foundation been leveled or additional supports added?

[ ] [ ] Any history of termite infestation or wood rot?

[OK] //// [NEEDS ATTENTION] ----------WOOD DESTROYING INSECTS

[ ] [ ] Has the house been previously treated for termites, carpenter Ants or other wood destroying insects? If so, when? ________ what type of chemical was used? ____________ is the home under contract? Company and renewal date. __________________________

[ ] [ ] Is soil in flower beds built up above the slab or weep holes?

[ ] [ ] Any rotted wood on house? Any wood forms imbedded in slab or Wood debris in crawlspace? Any wood to ground contact? An Excessive moisture conditions? (These are common conductive Conditions.)

[OK] //// [NEEDS ATTENTION] ----------SECURITY SAFETY AND CONVENIENCE

[ ] [ ] Is the front entrance visible from the street? Any shrubs or other places for attackers or burglars to hide?

[ ] [ ] Are hose bibs conveniently located?

[ ] [ ] Are exterior doors of solid core construction with quality Locks and hardware?

[ ] [ ] If security bars are present, can they be opened easily in an Emergency?

[ ] [ ] Is the home equipped with U.L. approved smoke detectors?

[ ] [ ] Are both gas and electric dryer hookups available? Dryer vented to the exterior?

[ ] [ ] Does the neighborhood have street lights?

[ ] [ ] Is mail delivered to the house or neighborhood mail Distribution center?

[ ] [ ] House or curbside trash pickup? Is heavy trash pickup Available?

[ ] [ ] Can you obtain copies of building plans, permits, and Operating manuals for appliances?

APPLIANCES

APPLIANCES Check the condition of appliances included in the sale price:

APPLIANCE AVERAGE LIFESPAN ACTUAL AGE COLOR OPERATION

Refrigerator 16 years __________ __________ ________________

Range/Oven 16 year’s __________ __________ ________________

Dishwasher 10 years __________ __________ ________________

Washer 11 years __________ __________ ________________

Dryer 14 years __________ __________ ________________

Call 603-826-4207 / Cell 603-477-8072 Baker Home Inspection and Consulting, to inspect your new home. A "do-it-yourself" inspection is a good basis for comparing several houses to make a final selection. It can also help you to feel more certain about the quality and condition of the house you choose. Baker Home Inspection and Consulting will provide you with a non-biased evaluation of the condition of the home. This evaluation, combined with the information that the seller and real estate agent can provide, along with your own observations, will help you to eliminate much of the guess-work when buying a home. Reassurance that you are buying a sound home will give you peace of mind.

HOUSE ADDRESS _______________________________________________

AGENT'S NAME AND PHONE ____________________________________

This home buyer's checklist may be photocopied or reproduced for individual use, providing that it is reproduced in its entirety and is not altered in any way. Systematic or multiple reproduction of any part of this Home Buyer's Checklist or inclusion in any material for publication or resale is permissible only with prior written permission from Baker Home Inspection and Consulting.

I am Paid to be Critical for you and your family.

Click here to see part two

Blog post # 301

Knowledg is the Power for Your Freedom to a Worry Free Home!

ARE OTHER SYSTEMS OR ITEMS PRESENT AND INCLUDED IN THE SALE PRICE?

Yes No Condition Cost to install or repair

Security System _____ _____ _______________ __________________________

Garage door opener _____ _____ _______________ __________________________

Water Softener _____ _____ _______________ __________________________

Sprinkler system _____ _____ _______________ __________________________

Pool or Spa _____ _____ _______________ __________________________

Intercom _____ _____ _______________ __________________________

T.V. Antenna _____ _____ _______________ __________________________

Ceiling fans _____ _____ _______________ __________________________

Fireplace gas logs _____ _____ _______________ __________________________

Draperies _____ _____ _______________ __________________________

Storage buildings _____ _____ _______________ __________________________

Is a seller’s disclosure available?

Make a list of questions to ask the seller, or to have your agent inquire of

The seller.

What is the appraised value of the house? ___________________________

What is the seller's asking price of the house? ___________________________

Has the seller agreed to a dollar amount for repairs? ___________________________

What is the estimated cost for repairs? ___________________________

OTHER INFORMATION

School District: ____________________ Tax rate: _______________________________

Utility District: ____________________ Tax rate: _______________________________

In city or county? ____________________ Tax rate: _______________________________

HOUSE HUNTING TIPS

• Try not to see too many houses in one day. Looking at too many houses at one time can be confusing and exhausting.
• Are there any special features or "must have" items that you are looking for in your new house? Make a list.
• Be sure your real estate agent knows exactly what type of houses that you are looking for - - or at least as much as possible.
• When looking at houses, always bring along a map. Preferably one that you can write or make notes on.
• Bring along a camera or video recording equipment.
• Be sure to bring a note pad and tape measure with you. Make sketches of the floor plans that you like.
• When visiting houses, pick up a copy of the Seller's Disclosure Notice whenever possible. Also look for buyer information about special home features or recent improvements and repairs.
• Use a small rubber ball, marble, or pocket level to check for sloping floors, counter tops, door frames, etc.
• If you want to know what kind of utility bills to expect in your new house, you can call the utility company to get the highest and lowest bills for the last 12 months.
• Check with the county appraiser to get a rough idea of how much the house is worth and what your taxes will be.
• Flood insurance maps are usually available at the library.
• Never be afraid to ask questions.

Call 603-826-4207 / Cell 603-477-8072 Baker Home Inspection and Consulting, to inspect your new home. A "do-it-yourself" inspection is a good basis for comparing several houses to make a final selection. It can also help you to feel more certain about the quality and condition of the house you choose. Baker Home Inspection and Consulting will provide you with a non-biased evaluation of the condition of the home. This evaluation, combined with the information that the seller and real estate agent can provide, along with your own observations, will help you to eliminate much of the guess-work when buying a home. Reassurance that you are buying a sound home will give you peace of mind.

HOUSE ADDRESS _______________________________________________

AGENT'S NAME AND PHONE ____________________________________

This home buyer's checklist may be photocopied or reproduced for individual use, providing that it is reproduced in its entirety and is not altered in any way. Systematic or multiple reproduction of any part of this Home Buyer's Checklist or inclusion in any material for publication or resale is permissible only with prior written permission from Baker Home Inspection and Consulting.

I am Paid to be Critical for you and your family.

Click here to see part one

Blog post # 300

I hope you and your family always have a fun and safe day!