Chattanooga Times Free Press

WHAT TO INSPECT ON YOUR NEXT HOME PURCHASE

- By Mark Hite President, Greater Chattanoog­a Associatio­n of Realtors

When considerin­g a new residence as your potential home, there are many factors that contribute to a home’s selection, however one topic that is seldom is discussed are what physical inspection­s a new buyer should procure prior to purchasing the house?

Both Tennessee and Georgia provide a residentia­l property disclosure form, where an existing owner can tell a prospectiv­e buyer everything they know about the house and what conveys with the home. This is a excellent tool to use on the initial evaluation of a property. Here you may learn about many items such as: defects which the owner has knowledge of, what conveys with the property, type of roofing materials and if there is a Home Owners Associatio­n. Regardless of which state you are considerin­g living in, the list of items is extensive.

The property disclosure may be rendered useless if the current property owner has not lived In the house for the last 3 years or the property is being transferre­d by a fiduciary in the course of the administra­tion of a decedent’s estate, guardiansh­ip, conservato­rship or trust. In these cases, the owner may be exempted from completing a property disclosure in Tennessee. In any of these cases the importance of physical inspection is increased.

There is a licensing process for home inspectors and wood destroying organisms in both Tennessee and

Georgia. These inspectors can advise a buyer of the overall condition of a home including such items as: electrical, heating/air conditioni­ng, plumbing windows and doors. They can also advise if there is active infestatio­n of wood destroying organisms, such as termites and if a treatment is required. These types of inspectors can give a buyer insight into what may not be readily visible to the untrained eye.

If you are thinking about putting up a fence, the home inspector can’t help you determine the boundary lines, here you need a surveyor. A home inspector may look for leaking plumbing but they generally cannot provide informatio­n on utility connection­s or the capacity of the septic system for the

home. If these are important in your considerat­ion, then different profession­als should be brought in.

If you are concerned about crime, methamphet­amine properties or sex offenders, a home inspector nor a realtor is the source for this type of informatio­n. Here a buyer would need to consult local, state and federal law enforcemen­t agencies.

Perhaps a particular school districts or specific zoning codes are important to you in selecting a home. Here again, consulting a local board of education or government office is the most accurate source.

With so much to consider, an experience­d Realtor member of the Greater Chattanoog­a Realtors should be your guide to help you navigate the inspection process.

The Greater Chattanoog­a Realtors are The Voice of Real Estate in Greater

Chattanoog­a. This is a regional organizati­on with more than 1,800 members and is one of more than 1,400 local boards and associatio­ns of Realtors nationwide that comprise the National Associatio­n of Realtors.

Greater Chattanoog­a Realtors service Hamilton and Sequatchie counties in southeast Tennessee, and Catoosa, Dade and Walker counties in northwest Georgia. Go to www. GCAR.net for more informatio­n

 ??  ?? Mark Hite
Mark Hite
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