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The Importance of Home Inspections
Posted by Cary W Porter on
If you're about to make an offer on a home, one of the most critical contingencies you need to add to the offer is a home inspection. You want to know exactly what you're getting before the deal is done, or you risk losing thousands of dollars on repairs.
See our: Home Owners Remodeling and Life Expectancy Guide
Items that need to be checked by a licensed home inspector include: the roof, foundation, plumbing, heating, and electrical systems. It's also important to check for signs of wood-destroying pests, mold, and other damages to the property. A proper inspection will take roughly three hours, and generally costs a few hundred dollars. If you can, join the inspector as they examine the home. This will ensure that you're well acquainted with…
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The number of Americans living in multigenerational households — defined, generally, as homes with more than one adult generation — rose to 56.8 million in 2012, about 18 percent of the total population, from 46.6 million, or 15.5 percent of the population, in 2007, according to Pew Research. By comparison, an estimated 28 million, or 12 percent, lived in such households in 1980.
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