WHY CHANGING ONE WORD IN THE PURCHASE CONTRACT CAN COST YOU A LOT OF MONEY!
What a Difference a Word Makes: Watch Out for Attempts to Limit Buyer Negotiation Rights in Delaware Real Estate Transactions!
Under Delaware’s Buyer Property Protection Act (BPPA), all known material defects with a residential property offered for sale must be disclosed and …
Empty Promises & False Security
The area is experiencing an unprecedented building boom and there are not enough skilled tradespeople to meet the demand. This competition for labor—particularly by the national builders in the area—is being addressed through subcontracting of virtually anyone who will show up…
Your Delaware Builder's Warranty Is Practically Useless
This means it’s up to the county inspectors, which are assigned specific items to verify and who can spend little time at a job site, and the builder’s own quality control program to catch problems.
Top 3 Problems Found in New Construction Homes in Sussex & Kent County Delaware
If you’re building a new home in southern Delaware, an impartial inspection by a licensed home inspector is a smart move. These are the top three types of defects found in area homes we’ve inspected in 2022.
2 Potential Problems with PEX Plumbing Lines Found in Delaware Homes
Cross-linked polyethylene (PEX) water supply lines are a common installation in area homes built or replumbed during the last 20 years. Installing PEX is often easier and faster than PVC or copper supply lines because of its flexibility and fitting connections, which can help offset project costs. However, just like other plumbing innovations, PEX materials and fittings have had problems.
Is Your VA Appraiser’s List of Required Repairs Creating Problems?
Homebuyers looking to finance a home purchase with a Veterans Administration (VA) insured loan are sometimes surprised to find that they are not allowed to purchase or refinance a particular property because it doesn't meet VA lending requirements.
Financing a Manufactured Home in Delaware? You'll Need a Foundation Certification
Most lenders will require a foundation compliance certification, per the guidelines set forth by the Department of Housing and Urban Development (HUD). The certificate is performed by a licensed professional engineer or architect…
New Efficiency Standards Will Increase HVAC Replacement Costs for Landlords in 2023
The HVAC efficiency rating of 14 SEER is currently the standard for the southeastern region, which includes Delaware, Maryland, and Virginia; however, on January 1, 2023, the federal minimum SEER2 rating will increase to 15 SEER.
What Are the Warning Signs of Dangerous Trees?
Whether you already own your home or are in the market for one, be sure not to overlook the warning signs of tree problems that could put your family and property at risk.
What You Need to Know About Property Standards for US Government-Backed Mortgages
Homebuyers looking to finance a home purchase with Federal Housing Administration (FHA) or a Veterans Administration (VA) insured loan are sometimes surprised to find that they are not allowed to purchase a particular resale property because it doesn't meet FHA or VA lending requirements.
How To Identify Asbestos Flooring in Pre-1980s Houses
Although now banned in residential construction, durable and heat-resistant Asbestos was a major component in many building materials up until the 1980s. If you suspect there is asbestos in your flooring, it’s important to have it tested and, if confirmed, have it properly removed, and the area remediated before you begin replacing it.
Security Deposit—How to Make Sure You Get Your Money Back
We expect some minor repairs for normal wear and tear, e.g., worn flooring and wall surfaces and fixtures nearing the end of their service lives. Burn marks on the countertops, multiple holes in the walls, trash & other items left behind, broken fixtures, stained & dirty carpets, etc. are not normal wear and tear. Make an honest effort to get the house ready to rent--just like it was when you moved in.
10 Tips for Landlord’s : How To Mitigate Problems During A Post-Tenancy Walk-Throughs
Longtime landlords and property managers know the value of thorough tenant screening. Here are some other things you can do to mitigate problems during a post-tenancy walk-through.
Termite Letter 101 — What You Need to Know About the NPMA-33 Inspection Form
If you are applying for financing, obtaining a “termite letter” maybe a lender requirement. The moniker applies to a HUD-approved, National Pest Management Association (NPMA)-33 Wood Destroying Insect Inspection Report. Here’s what you need to know…
Universal Design in Residential Housing—Don’t Renovate or Build Without It!
Universal design is a concept that seeks to make homes as physically accessible and barrier-free as possible—improving safety and utility. Typically, the wider doors and hallways and removal of partition walls often make a house feel more spacious
Does Your Newly Built Home Need an Independent Home Inspection?
Short Answer: Yes, you should insist on an independent home inspection by a licensed New Residential Structures (NRS) Certified Home Inspector.
Here’s why…
Building Code vs. New Home Inspections
Most people assume that the building code enforcement inspections of their new home construction are technically exhaustive and supplant the need for a traditional home inspection—like those recommended for existing homes prior to purchase.
3 Reasons NOT To Forego The Home Inspection Process
No Contingency Offer? Skipping the Home Inspection is a Bad Idea!
The overheated housing market in our area is leading to bidding wars and atypical concessions—with buyers voluntarily removing the inspection contingency from the purchasing agreement.
Should You Get a Home Inspection on Your Newly Constructed Home?
Getting a home inspection is always a good idea, and if someone tells you otherwise, they are acting in their best interests—not yours. You should always protect your investment and get a punch list inspection!
Are Free Mold Tests in Delaware and Maryland Real?
Some service providers may offer a no-cost evaluation, but don’t be fooled.