Items Home Inspectors Are Not Required to Cover During an Inspection

Items Home Inspectors Are Not Required to Cover During an Inspection

It surprises many homeowners or buyers when they first learn about all of the things that a pre-purchase inspection doesn’t cover. This is important because it can greatly impact the financial situation from either side.

Imagine buying a home that you didn’t realize needed a complete chimney repair. How about if you are getting ready to sell your home only to find out it has mold right before closing? With these things in mind, here are 5 more things that standard home inspections don’t include:

Plumbing & Septic

Damages pipes and clogged sewer systems can be major expenses when the problem is serious. Failing to catch it before selling or buying your home can be costly.

HVAC Systems

Not only is this something that can be expensive to repair, an improperly functioning heating or cooling system can make the move-in process miserable.

Pests

Who wants to move into a new home only to discover it is infested with some kind of animal or bug? Bats can be nearly silent and go undiscovered until the smell of their waste becomes noticeable. Without paying for an upgraded inspection or hiring a pest control expert you could find yourself in a similar situation.

Roof Condition

Most inspection guidelines only require the inspector to view high-up objects from the ground level with binoculars. For this reason it is highly unlikely that any minor or possibly even major roof issue would be detected.

Any Non-Visible Items

The inspector will only see what is out in plain sight. Things like electrical wire, insulation, as well as anything on the interior of the structure will never be looked at. That means that anything going on in any of these areas will go unnoticed unless you have specialized inspections.

We Can Help!

To make sure that the home you are buying or selling is in the shape it needs to be in, give us a call here at Bell Law. We’ll oversee your entire real estate transaction to guarantee that all of your best interests are met. We can handle everything from appraisals and contracts to negotiating rate and term. We can provide as little or as much assistance as you need.

Is Your Business Protected Now That You Work from Home?

Is Your Business Protected Now That You Work from Home?

As if running your own business wasn’t already difficult enough on its own, now you have to deal with a global pandemic as well. This has led to a number of different financial and personnel related issues with many employers.

However, the situation doesn’t have to be as trying as it seems. With a little bit of help and the right legal guidance you can make sure that your business stays on track, even when the whole world seems to be coming off of its own.

Starting a Business

This is tough enough when times are good and the economy is fully open. Building a business from the ground up, no matter how small is always an accomplishment. But just because it may be harder doesn’t mean it can’t be done. Although, in the middle of a global health crisis, there are a number of additional legal considerations as well.

Obtaining employee health insurance, remote and in-person work, employee safety, as well as many other individual issues are all in a constant state of flux in the current environment. That is just one of the many reasons business legal counsel is necessary.

Licensing

There are many careers that require licensing. When these certifications are suspended or revoked it can destroy your career. At that point, there is no room for error. Examples of professionals who this might affect include medical workers, real estate agents, beauty service providers, financial consultants and many others.

Business Transactions and Agreements

Contracts or documents of any kind between two or more parties should always be closely examined by a legal expert. This is not only common sense; it can be the difference between a successful business and a disaster. Defaulted agreements on either side can have devastating effects on your profits and reputation.

If you need any help with your business during this time of uncertainly, we would be glad to provide it. Just get in touchwith any of the staff here at Bell Law and we will connect you with someone who is an expert in business matters. Whether it’s starting or managing a business or various other legal issues, you need to make sure that you have someone looking out for you.

Autumn Real Estate Market Trends

Autumn Real Estate Market Trends

The housing market is just like anything else when it comes to change; it’s inevitable. And also, just like many other similar (and completely unrelated industries), it experiences seasonal shifts. This year is truly like no other, given the global health crisis that we have all had to deal with. This has made what was once seen as the simplest of chores difficult and, in some cases, impossible. With that in mind, here are a few examples of what is going on in the real estate market heading into fall:

Stable Interest Rates

Although many people were predicting that interest rates would stabilize at this time of the year, it ended up happening for reasons that had nothing to do with the original predictions. The sudden outbreak of the coronavirus brought home buying and selling to a halt. It did the same with the rest of the economy. The Feds took drastic measures to encourage real estate transactions.

Shortage of Entry-Level Homes

A lot of singles, married couples, and young families like to try and close on their first home before the holidays. There is something extra special about getting to spend Thanksgiving and Christmas in your own home. Following the sudden slowdown in buying in selling, things are starting to pick back up as we all adjust to living in this new reality. Unfortunately, many of these prospective buyers may have difficulty finding something they love. In these cases, it is essential not to rush into a buying decision.

Housing Uncertainty

Finally, something else that is looming over the market is the lack of clarity regarding past-due mortgages and late rent on millions of residential properties all over the country. If some type of governmental relief doesn’t come, we could be on the verge of an eviction crisis on top of everything else.

If you are getting ready to buy or sell a home this fall, or if you find yourself with any other type of legal real estate issue, make sure that you take the time to safeguard your future and protect your investments. People who understand the importance of property law and transactions also understand the importance of having a real estate attorney working on their behalf. Give us a call here at Bell Law to find out how we can help you protect your interests and still get you the best deal!

Tips to Beat First Time Home Buyer Stress

Tips to Beat First Time Home Buyer Stress

Even though buying your first home should be a cause for celebration, it is frequently challenging to muster up that sort of enthusiasm until the process ends due to the stress. Here’s an encouraging fact, though; it gets much easier after this. Once you have gone through the entire process one time, from start to finish, you will know what to expect with future real estate purchases. But none of that helps you right now with your first home, so here are a few things that will:

Pay Off Other Debts

This one practice alone will do wonders as far as lifting stress and anxiety from you. One of the biggest causes of concern for people buying a home for the first time is the commitment to the mortgage. For most, this is the most significant monthly obligation they have ever taken on and by far the longest. Creating more disposable income goes a long way to alleviating those worries.

Save a Sizeable Down Payment

Something else that will help put your mind at ease regarding payments and financial obligations is putting down a significant amount of money. That will often get you a lower rate, reduced payments, and give you much more flexibility than you would have had otherwise. You will need to start saving sooner than planned to accomplish this.

Stay Within Your Budget

Lastly, it can’t be stressed enough how important it is to stick to your budget. If you think the anxiety and worry that comes from a typical first-time purchase is bad, just imagine how you’ll feel if you end up getting in over your head on price and payments.

To find out even more ways to simplify the process of buying your first home rather than dreading it, give us a call anytime here at Bell Law. We would be more than glad to assist you with any or every aspect of your purchasing process. Regardless of whether this is your first home or your retirement property, having a legal professional on your side that specializes in real estate law can make a world of difference.

Home Exterior Updates to Make Before Putting Your Home on the Market

Home Exterior Updates to Make Before Putting Your Home on the Market

Selling a home can be a massive undertaking, and the real work begins long before you put your property on the market. Knowing what to invest in when updating or repairing your home prior to selling it can help you sell your home more quickly and for more money. The best place to start? Your home’s exterior.

First Impressions are Everything

Home buying is all about looks, and the first impression can make or break a sale. Your kitchen may be sparkling new with quartz countertops and new appliances but if your yard looks messy and unkempt, no one will even make it to the kitchen. 

You must step into the shoes of the potential buyer, seeing your home for the first time. Remember, just because you have become accustomed to the old front door and overgrown shrubs in your yard, it doesn’t mean a buyer will overlook the mess. 

Buyers want fresh and clean, and your home’s sale can hinge on your exterior simplicity. Not all exterior improvements have to break the bank. Oftentimes, clearing out or trimming shrubs and removing overgrown weeds can be done in an afternoon and can make a huge difference. Replacing or repainting your front door can make your home that more inviting.

Get Ahead of the Inspection

You know your home better than anyone. You know where the drafts are, and which windows are leaky and old. Use this knowledge to save yourself time and money while trying to sell your home. 

While it may seem like a huge investment to replace windows or siding just to sell your house, it can pay off big in the end. Making your home more energy-efficient makes it that more attractive to potential buyers. Not only have you increased your curb appeal but you have shown buyers that you care for your home which can offer much-needed peace of mind. If you fix potential problems ahead of time it can make the selling process much more streamlined, keeping the inspection quick and easy cuts down on the time it takes to close and get started on the next chapter of your life.

Preparing your home for the market can be a very stressful time, it is easy to get overwhelmed. The professionals at Bell Law are here to help you every step of the way. They can offer suggestions to make your home selling process run smoothly and efficiently. They are experienced and ready to assist you in any way possible. Give Bell Law a call today and start your new journey in the right direction.

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