In a real estate transaction this is a very important question to ask. For that matter it is good question to ask all the parties involved, be it the loan officer, the real estate agents or the appraiser. However this is question is especially important to ask to your Home Inspector. ... and here is a good example why.
I listed an older bungalow recently, it was very cute on the outside and situated on a large 9,000 sq. ft price of land which is a lot for the City of Chicago. The bungalow needed some modernization of the inside but soon attracted offer number 1. The first home inspector associated with this transaction noted some deferred maintenance and some minor issues that would need to be addressed. This first contract died shorty after due to financing issues so that was that.
Some time later a second contract came in and along with that another home inspector, being a bit more with he noted the roof was very old. I took exception to that since the seller swore to me she had it replaced some six years prior. But I had to agree to one thing. Why were some of the shingles curling on the West side which is usually a tell tale sign of aging. Anyway the buyer wanted a new roof despite the "as is" contract so it fell through.
Finally a third contract comes in and with it a third inspector. This home inspector says that the roof is newer but since the achitectural shingles were not laid properly they were curling at the sides.. apparently a correct explanation. But more importantly the property has an asbestos problem. It seems to me that only the third inspector was actaully qualified to inspect this property with the other two basically incompetant. Can you imagine what would have happened if one of the first two contracts actually closed and people moved in? I do not dare to think. I can only thank the third home inspector for his vigilance, his knowledge and his expertise and would recomend him any day of the week. He was Linas Dapkus of Linas Dapkus Home Inspections at 815-834 1830 or 708 822 3893. http://www.dapkusinspections.com.
Be careful just because the guy has a license and screw driver it does not make him a home inspector.
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