Dick Palmer, Your Englewood Colorado Realtor!
"INFORMATION FOR INSPECTING A ENGLEWOOD COLORADO PROPERTY"
Looking for the right house, condominium, or other type of residential property can be a difficult process for those who are not experienced in all of the various technical aspects involved. Most purchasers have to make a number of decisions which are both emotional and technical in nature and the best and easiest way to complete a successful purchase is with the help of a real estate licensee who has the training and experience necessary. There are many things for prospective purchasers to observe and consider when looking at houses, condominiums, or other residential property. An outline of such items is presented below:
Things to consider on the interior of the property
Real Estate Brokers have long been aware that a common problem with respect to the sale of homes has to do with the inoperability or malfunction of certain items and appliances after the purchaser moves into the property.
To alleviate this problem, a number of firms have recently been organized which provide home warranty insurance programs for the seller and buyer with respect to repairs that may be necessary to the plumbing, to electrical and heating systems, and to common appliances such as a dishwasher, range, oven, garbage disposal, and exhaust fan.
Many brokers claim that the advertising and provision of such protection in connection with the listing are excellent selling tools. Costs, fees, and the degree of protection vary, but in general the arrangement for such warranty is made at the time the listing is obtained, and the seller usually pays for the cost of the policy.
Commonly, such policies provide labor, parts, and materials to repair or replace, as necessary, the following:
Electrical systems: Main service panels, all subpanels, all wall receptacles, light switches, and all outside receptacles attached to the main structure.
Garbage disposal: Disposal motor, motor shaft bearing, disposal blades, electrical connection, or complete disposal. The repair of disposal is for normal usage. Breakage by foreign object or extreme misuse is not covered under this warranty.
Dishwasher: Gasket leaks, timer, motor and pump, impeller and sprayer unit, dryer element, electrical connections, and safety limit switches. Excluded are door latches and hinges.
Surface range (gas-fired): Gas controls, burners, orifices, gas valves, gas cocks, flex line, pilot, and pilot lines.
Surface range (electric): Burner switches, burner elements, and burner wiring harness.
Oven (gas): Burners, orifices, thermostat control unit, gas safety valve, pilot, pilot lines, and thermocouplings. Excluded are timers, glass oven doors, latches, and hinges.
Oven (electric): Elements (bake and broil), wiring, thermostat control unit, and bake and broil selector switches. Excluded are timers, glass oven doors, latches, and hinges.
Bathroom and kitchen exhaust fan: Motor, switches, and sockets.
Electrical and gas-fired: Wall furnaces electrical perimeter heating systems (excluding baseboard casing).
Floor furnace and forced air systems: Repair and replacement of the following: gas valves, gas lines, control valves, pilot generators, thermocouplings, pilots, cleaning and regulating of burners, blower limit controls, blower motors, blower belts, variable speed pulleys, vents, vent pipes, thermostat, and thermostat wiring.
Hot water and steam systems (gas or oil-fired): Repair or replacement of circular motors, expansion tanks, boilers, all control valves, pressure gauges, pressure switches, burners, thermostat, radiators, convertors, electrical heating units and wiring, fuel pumps, fuel lines, all ignition components necessary for the operation of the heating units. Excluded are all inaccessible radiant and steam lines in floors and interior walls.
Plumbing: Repair leaks and breaks in water lines on the interior of the house, including riser lines on the interior of the house and riser lines to plumbing fixtures. Excluded are all water lines on the exterior, sewer line waste lines, and main service lines.
Toilet tanks: Repair or replacement of all interior components of the water closet, tank bolts and washers, flushing mechanism and overflow tube, flapper valve and chain, ball cock, float arm, supply valve and line. Excluded are tank, tank lids, toilet seat, and bowls.
Hot water heater (gas-fired): Repair and replacement of the following: gas valve, line, thermocouple, pilot, cleaning and regulating of burners, thermostat heating control, pressure relief valve, vent pipes, and main water tank.
Hot water heater (electrical): Repair and replacement of the following: electrical heating element, heating control, valves, and tanks as necessary.
There are, of course, certain limitations, exclusions, and minimal charges in connection with repair cells, but in general such policies seem to be excellent protection for the seller and the buyer. They are gaining in popularity in the real estate industry.
To access a list of QUESTIONS, to ask your prospective METRO DENVER COLORADO Home Inspection Company, please click here