Resources
Our Recommendations for Resale Homes:
After considerable research on our part and an extended history of using them
for our transactions, we have settled on a group of providers that have earned
our faith and trust to hold your interests at their hearts. We will be happy to
refer you to them. Our association with these professionals since we started working
with them has been nothing but a joy. There has not been one customer complaint
for any of their work.
However, the past experience upon which this is based isn't a guarantee of future
performance, either explicit or implied that their service will continue to meet
the same high levels in the future. You are encouraged to contact several vendors
for each service that you need and choose the vendor that best meets your needs
and price. Besides those on our list, the "Yellow Pages" and professional
associations, among others, are excellent sources for the names of potential service
providers.
Inspections
There are a whole series of inspections that can be made concerning a piece of
property. Below is a list of the most commonly requested inspections:
Pest (Termite) - The visible and accessible home structure is examined
for evidence of pest damage. The report does not generally cover out-buildings
or fences.
Mello-Roos Facilities - This inquiry and resulting report indicate
whether the property falls within a special taxation zone, along with the total
amount due and payment structure of the zone.
Flood Hazard Area (Federal) - The Federal Emergency Management Agency
(FEMA) designates nationwide Flood Hazard Areas. The report tells if the property
falls within a federally designated Flood Hazard Area.
Flood & Inundation Hazards (Local) - Localities are required
to map areas known to have water hazards as part of planning. This report determines
whether or not a property is located in a locally designated flood and inundation
hazards.
Alquist-Priolo Special Studies Zones - The Act was enacted in 1972
to ensure that structures are not built over active earthquake fault traces. The
report determines if the property is located in a special Studies Zone.
Seismic Hazard Zone Rating - The rating is a locally designated
hazard area mapped as part of planning. The report determines if the property
falls within a seismic hazard zone.
Liquefication Susceptibility - Susceptibility to liquefaction is
another geologic hazard that localities are required to map as part of planning.
This report determines whether or not the property is located in an area where
ground liquefaction is a possibility.
Landslide/Mudslide/Rockslide - Another planning requirement is the
mapping of Landslide/Mudslide/Rockslide hazards. This report determines if the
property is located in an area known to have these types of hazards.
Soil Stability - A report that defines whether the land is subject
to strong ground shaking or other ground failures.
State Fire Responsibility - In a State Fire Responsibility Area,
the state has the primary financial responsibility for fire prevention, not local
or federal governments. These areas may require property owners to assume additional
duties, such as maintaining fire breaks, or brush clearance. In addition, the
state may not necessarily provide fire protection services to the area. The report
tells if the property falls within this classification.
Home Inspection - This inspection checks the operational functionality
of the various household mechanical systems (appliances, HVAC, electrical. It
is limited to visible and accessible portions of the home and may or may not include
such items as pools, spas, gutters or chimney as part of the standard inspection.
Structural Engineering - Dependent upon visual inspection and recommendation
by the Home Inspector.
CHEERS (California Home Energy Efficiency Rating System) - As necessary
dependent upon the age of the home or observed structural obsolescence.
Air Quality - Primarily used to assess the risk of Asbestos contamination
in the neighborhood. This is very important to those looking in the foothills
where there are exposed serpentine rock outcroppings, high construction activity
or surface mining.
Radon - Normally only if a basement is present in a high energy
efficient home.
Lead Paint - Used to determine if a Lead Paint Hazard actually exists
in an older home and whether abatement is a reasonable solution.
Fire Hazards (Local)
Building Permits (Structures) - Used to determine if any additions
and modifications to the property were completed legally and meet zoning and habitability
codes.
Roof Inspection and Certification - Used to ascertain the condition
of an older roof or to insure that completed repairs will have a warrantee from
the roofer.
Proximity to Environmental Hazard - Used to determine how close
to currently operating, or closed facilities and the severity, i.e. Super Fund
Site.
Proximity to High-Tension Power Lines - Although the most recent
comprehensive studies do not appear to support a link between EMF radiation and
health, this will locate both overhead and underground transmission lines.
Proximity to Freeways - Current locations as well as planned Freeways.
Proximity to Airports - Current locations as well as planned Airports.
Proximity to Railways - Current locations as well as planned Railways.
Zoning Designations - Used to determine current status and suitability
for other purposes.
Energy Evaluation
Sewer Connection Permits
Septic Tank Permits
Violation On Record - Used to identify if code (structure or health)
violations exist, especially for income property.
Authorized Legal Uses - The current zoning and occupancy regulations
are examined to determine if the present or projected uses are permitted under
the law.
Parking Requirements - Primarily for commercial operations, but
may be important where dual-use or investment property is concerned.
Additionally, if the property has a well or septic system, as part of the loan
approval process they are inspected and certified to meet minimum health requirements.
These inspections are normally paid for by the sellers. |
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