When you’re buying a home, you don’t want to skip the home inspection step. Home inspections are an important part of the home buying process. An inspection by an InterNACHI certified home inspector can prevent you from purchasing a home with serious issues such as mould, structural defects, faulty plumbing and more.
Firstly, you should insert a contingency in the “Offer To Purchase” which states that the sale is dependant on a satisfactory home inspection. In addition, you should also agree on an “Inspection Contingency Period” which will give you time to have a home inspection done. Furthermore, this period should be between four to seven days depending on how soon you can get an appointment with a home inspector.
Based on the results of a home inspection, the contingency will then give you the right to cancel the sales agreement. In addition, you can walk away from the transaction without recourse if you are unsatisfied with the seller’s response to a request for an inspection and inspection contingency.
You lose the right to have the home inspected and to negotiate over defects found in a home once the contingency period ends.
What is a home inspection?
As a home buyer, it is your right to have your future home inspected for potential faults and defects. Therefore, don’t skip this step!
I do a fair amount of inspections in sectional title schemes. Often, owners ask me if body corporates will pay for repairs inside their units. Obviously, their concern is about damage caused by external factors such as rainstorms, burst geysers and so on.
Each case is usually based on its merits. Usually, the body corporate’s trustees use their discretion when deciding to whom they allocate the cost of repairs and replacement. However, there are many grey areas and the differences between the owner’s and body corporate’s liability and responsibility.
The Body Corporate’s obligations
Body corporates are responsible for the repairs and maintenance and upkeep of the common properties.
Furthermore, the body corporate maintains all pipes, ducts, wiring etc. for the common property and services to more than one unit.
Your obligations as an owner of a section
You must maintain and keep in good state your section. Moreover, you must also keep any part of the common property to which you have the right neat and tidy. These are exclusive use areas such as gardens, patios, balconies, parking areas, garages etc.
Damaged boundary walls around your property can spoil the whole look and feel of your property. Furthermore, cracked and leaning walls can also pose a danger to passers-by should the wall fall over.
This article explains the correct wayto repair boundary walls and install expansion joints!
Firstly, if your walls have ugly cracks and broken plasterwork and brickwork at the expansion joints do not plaster them up as shown in the photos below!
Furthermore, the work done on these boundary walls will result in more cracking in the walls!
Many boundary walls and retaining walls may fail prematurely due to the lack of provision for movement. However, this is usually not a fault in the materials used, but usually a lack of proper design. Even when the design is correct, the construction of the boundary wall and expansion joints are often faulty.
What is an expansion joint?
It is a separation between two portions of the same structure. A butt joint in a boundary wall is not an expansion joint!
Expansion joints in boundary walls
When building a boundary wall, an expansion joint is a separation designed to relieve stress on building materials caused by movement induced by thermal expansion and contraction. They are therefore specifically provided in boundary walls to avoid cracks occurring in the wall.
Temperature changes and seasonal changes mostly cause the movement in the boundary walls. However, expansion joints also permit movement due to ground settlement, seismic events and expansive soils.
Critical Home Seller Mistakes and How to Avoid Them
By Kay Pascale.
Selling your home is one of the most important life-changing decisions you’ll make. It’s both personal and financial, and the stress of the home sale process can leave you open to some critical, and costly, mistakes. Here are a few common mistakes and how to avoid them.
Choosing the Wrong Real Estate Agents
The second most ill-advised choice, beyond trying to sell your own house, is the wrong choice of estate agents. Properly-vetted estate agents, with proven sales records, can help you with many of the costly legal requirements of property transfer as well as avoiding the myriad of pitfalls of a poorly marketed home. Consult several local estate agents and ask each how they would market your home. Also, ask for a comparative marketing analysis that would give you the values of homes in your area.
Part of a successful home sale is the attractive staging of the property. Decluttering your home will allow the potential buyer to visualize themselves in the home. Putting your extra clutter from the garage, attic, and even some of the main rooms of your home in storage will make your home feel more spacious to the buyer.
Small upgrades like fresh paint and home
repairs are necessary to secure the best price for your home. The basics of
home maintenance give the buyer confidence in your home as their choice.
Keeping your home picture-perfect and ready at a moment’s notice for a showing
can greatly improve the likelihood of a successful and quick sale. A
well-staged home ready for viewing will get the most potential buyers for your
Your House Too High
Pricing your home too high is one of the costliest and time-delaying mistakes. Too high a price can turn off buyers and delay the sale of your home. Each subsequent lowering of your sale price will put you in a more vulnerable position in negotiating an optimum home sale price.
Giving a 90-Day Notice
One of the legal pitfalls that good estate agents can help you avoid is not giving a 90-day notice of cancellation to the bank. This is a costly mistake since it results in a penalty of 1% on the remaining balance on the bond for the full 90 days.
If you’re trying to increase the resale value of your home, there are probably more than a few side projects you want to finish before putting the house on the market for all to see. While some of these, like any kind of roof maintenance, are true renovations that likely require the help and vision of an expert, there remain some weekend projects that you can complete in a single weekend. Here are a few tips to help increase the resale value of your house.
Fix Outdoor Landscaping to Improve Curb Appeal
The first thing potential buyers will see when they walk up to your home is the landscaping. Do trees and bushes look overgrown? Is the lawn too long, or are there unsightly stumps and plants littering the yard? A little prevention in the form of weeding, gardening, watering, and trimming will have the front of your house looking immaculate and inviting to potential buyers. According to Home-Dzine, your lawn is probably one of the first things someone will notice about your house. Therefore, keep your grass trimmed, remove dead branches, and plant some flowers for a pop of colour.
Power washing the walls and the driveway is a great way to make your home look well cared for. This allows your house to stand out in a positive way from the rest of the houses on your street. Moreover, Gutters are often overlooked when cleaning up the outside of a home because you can’t see them from ground level. But rest assured it will make a big difference.
Any Necessary Repairs
Repairs can easily be completed in the span of a weekend. In addition, to ensure that there are no visible red flags, have a walkthrough or seller’s inspection. This will pinpoint any areas that need to be worked on prior to selling the home. Things that may be simply annoying to you might be deal-breakers for a buyer. In particular, leaky taps, mould damage, or a faulty light switch could be the difference between that SOLD sign and spending weeks or even months languishing on the market.