Interview With an Inspector

Interview With an Inspector

We interviewed Residential Home Inspector Ken Duggan with Pillar to Post Inspections here in Dallas/Ft. Worth.

Robin McCoy, Realtor® with Keller Williams Realty

Hey everybody. It’s Robin McCoy with Keller Williams and I am here with Ken Duggan, the owner of Pillar to Post Inspection Services here in the DFW area. He is a residential home inspector, and he’s going to tell us a little bit about the home inspection and what you can expect and why you need one, Ken.



Ken Duggan, Inspector with Pillar to Post Inspections

All right, well thank you Robin. As a home inspector in Texas you have to be licensed and pass a background check. We go through an extensive training program that educates you on how to inspect the home and do practice inspections. That way you’ll be knowledgeable and very good at what you do.

Robin

Awesome. So you’re hired by a buyer essentially.; tell me what you do during an inspection. What can you do and what can you not do?

Ken

Right. So when you get a home inspection, we go and inspect all the major components of the house, check the roof, the foundation, the plumbing, the electrical, the windows, doors, all the major requirements for the home. And we do it and put it in a nice report and give it to you so you have a visual.

Robin

So it is a full on report that they do. You really put the house through it’s paces. The client get photographs, they tell you what is good to go and what might be considered deficient. It’s also important to know that just because something is deficient doesn’t mean that you shouldn’t buy the house. Right? Because there’s codes and easy fixes and things like that. Correct.

Ken

Yes. We inspect everything from large extra large houses all the way down to little condos. We do new construction.

Robin

Well, let me ask you, you said new construction. So why should a buyer get an inspection on a house that nobody’s even lived in yet? It’s brand new, right?

Ken

Yeah. Well, we do about 15% of our inspections on a new home. And the reason you’d want to do that is because they build these homes so fast and they might not have the proper people to do it. There’s a lot of things that you can find that they not doing correctly. So if you get a home inspection by a non biased person, you can come back to the builder with these issues and tell them, that these need to be fixed and you get a lot better response.

Robin

I think a lot of people would. I know I get as a realtor, I get a lot of questions like it’s a new house, should I get an inspection? Absolutely. Okay. Well let me ask you one final question. How can you benefit a seller? I’m on the seller side; is there a reason to hire you as an inspector in that case?

Ken

Absolutely. We do a pre-listing inspections. The advantage of that is really to find out what issues are with your home ahead of time. That way you can address these issues and know up front without the surprise of an inspection when the buyer wants come back at you and try to negotiate these fixes, you already have it, and adds value to the home.

Robin

Well, I’ve seen cases where a buyer, if you’ve done an inspection and they have the paperwork and you as a seller, you’ve shown what you fixed already, oftentimes they’ll take that inspection and go with it. So they may not even right hire their own inspectors. It can get you out in front of a lot of things. Well again, Robin McCoy with Keller Williams, Ken Duggan with Pillar to Post. We appreciate your time today. And if you have any questions about the real estate market or an inspection, please don’t hesitate to give us a call. We’ll have the contact information here for you.

RobinMcCoy@kw.com

214.226.3770


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How to Buy a House – Finding Your New Home

How to Buy a House – Finding Your New Home

Finding your new home starts with an initial consultation with your Realtor. During this meeting she will be discovering what you are looking for in your new home. What are 5 things that a house MUST and and 5 things it MUST NOT have in order for you to purchase it? Where do you want to live? What is most important? Schools? Yard? Pool or no pool? Make sure your Realtor knows all of this information.

Your Realtor will set you up on an auto-feed of listings that match your criteria. Keep in mind these may not be able to capture “open concept” or “large island” type of criteria. So, it may be up to you to categorize the listings so your Realtor knows which properties you are drawn to over others.

You and your Realtor will select which homes to look view in person. The Realtor will create a tour and schedule all of the homes with the seller and their agent. This can take some logistical finesse so understand if you are unable to see a particular property.

Spend as much time as you need in each home. Look in closets, flush toilets, listen for background noises…these are all important details. If you drive up to a property or step inside and you don’t like it for ANY reason don’t feel obligated to look at the whole house.

“If we aren’t moving in let’s move on. “

Kelli, Home Buying client

Make an offer

Making an offer is like putting out your hand to shake. With your Realtor’s advice you come up with an offer price for the property you have found. Things that may influence what you offer can be days on market, condition of the property, and multiple offers.

You and your Realtor will discuss the terms of the offer you want to present. This is your decision with your Realtor’s council. fill in the offer contract and you will approve then sign. In the state of Texas you can have the offer contract reviewed by your attorney at any time though it is not required for them to sign off. The offer will then be sent to the listing agent to present to the seller.

1 of 4 Things Will Generally Happen…

  • They will accept as written (rare)
  • They will counter (most often)
  • They will tell you to improve your offer (sometimes)
  • They will not respond (not that often)

When any of the above occurs your Realtor will discuss all of your options with you.

The majority of the time the seller will “counter” meaning they will want to make a change. It could be price, seller contributions, closing date, or who buys a new survey.

A real estate counteroffer is generated by a home seller after a buyer has submitted an offer to purchase and the offer includes terms that aren’t agreeable. Typically, a counteroffer states that the seller has accepted the buyer’s offer subject to one or more changes. 

Keep in mind you can keep countering back and forth until both sides agree. Try not to let this time get to you; remember the seller is looking for the best deal for them while you are looking for the best deal for you.

Once an agreement is found the contract is executed. If an agreement cannot be met then you go back on the hunt for your dream home.



Home Buying Kit For Dummies

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How to Buy a House – Finding Your Realtor

How to Buy a House – Finding Your Realtor

Find Your Realtor

Finding a Realtor can be easy or it can be hard. There are many questions that come to mind when hiring someone to assist you in what may be the largest financial transaction of your life. I have seen people take longer to choose a sofa than choosing a Realtor!

Do your homework. Ask your friends and family because they are going to tell you their experiences even if you don’t ask…so get that out of the way. HOWEVER when finding your Realtor make your own choice. I once had a friend say to me, “Robin, I am using a Realtor that I don’t know personally. Because if I want to be a brat I don’t want it to reflect on our friendship.” I TOTALLY respect that! You, as a buyer need to find a Realtor you can be totally honest and completely transparent with. This is important stuff.

What should you look for?

Experience and enthusiasm! Often enthusiasm will out rank experience. How many properties have they sold? If they are a newer agent ask what sort of support team do they have to ensure all questions and concerns are addressed. We were all new at our jobs at one point in time; this doesn’t mean we were bad at it…just that we needed assistance at times. Just make sure they have it.

Have a consultation meeting with each prospective Realtor to make sure you are on the same page and you LIKE them! They should give you at least 2 forms to sign an Information About Business Services (IABS) and a Buyer Tenant Representation Agreement. The first is required by the Texas Real Estate Commission (TREC) and discloses Realtor Agency Representation and the second is the agreement between you and the Broker that the agent will have a fiduciary duty to represent you, the buyer, in the transaction. Without this the broker/agent represents the seller by default.

Find your realtor that is personable, knowledgeable, easy to get along with, detail oriented, organized, experienced, Readily available

Some Questions to Ask When Finding a Realtor

  • Why did you become a real estate agent?
  • Why should I work with you?
  • What do you do better than other real estate agents?
  • What process will you use to help me find the right home for my particular wants and needs?
  • What are the most common things that go wrong in a transaction and how would you handle them?
  • What are some mistakes that you think people make when buying their first home?
  • What other professionals do you suggest we work with and what are their credentials?
  • Can you provide me with references or testimonials from past clients?

Past Posts