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Due Diligence | Mike Dinella.com
Property InspectionsI strongly recommend to all my clients that you get a home inspection done. Although the industry is loosely regulated from state to state and there are no federal standards for home inspections. Ask someone you know whom they used for their home inspection and if they were satisfied. Here are some things to ask a home inspector before hiring him.
Still want to learn more about Home Inspections? Home WarrantyThe Home Warranty program offers piece of mind for the Home Buyers and Home Sellers. It is an insurance policy against any unforeseen and costly repairs. Here's how it works. The fee is usually between $375 and $450 for a term of one year. The fee can be paid for by either the Buyer or Seller. The warranty covers most major systems such as plumbing, heating, electrical, roof and major appliances. Should a problem arise, simply call the warranty company, and they will send someone out to repair and/or replace the broken component. You will pay a small deductible, usually $75 to $100. Here are the two largest Home Warranty firms: Environmental Issues
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There are some potentially dangerous issues in residential homes that homebuyers and home sellers need to be aware of. Asbestos, Mold, Radon,
Formaldehyde, Lead Contamination, Underground Fuel Tanks, Carbon Monoxide, Pesticides, Hazardous Waste Sites, Private Wells and Septic Systems can
adversely affect your health as well as the value of your home. You can find more in this free booklet, Environmental Issues for Home Buyers and
Home Sellers.