Home Inspection

A home inspection is a visual examination of the physical structure and integral systems of a house. Included are components like the roof, foundation, plumbing, electrical, HVAC, walls, windows and doors. It should detail any areas of concern and make recommendations regarding their remedy. This inspection is usually done prior to your purchase only takes two to three hours depending on the size of the home. It can be a valuable tool for two reasons. First you will have a much better understanding of the overall condition of the home. Second if you elect to purchase a home warranty this report offers evidence of the overall condition prior to the purchase of that warranty. That can be a tremendous advantage if you ever have a claim against the home warranty insurer.


Specific Inspections

There are various inspections that may be ordered and conducted prior to the ‘closing’ in the purchase of a house. Generally this takes place immediately after escrow is opened during a short and predetermined inspection period. If any inspection report reveals unexpected or intolerable results you may cancel escrow and be refunded your full earnest money deposit as long as you are still within your inspection period. The inspections commonly ordered are pest, roof, electrical, plumbing and in-ground swimming pool. The cost of the inspections may be negotiated between the buyer and the seller but ultimately it is responsibility of the buyer if no other agreement has been reached.



As we all know property values fluctuate over time. The purpose of an appraisal is to establish the market value at a given point in time based on the properties highest and best use. This can be important for many reasons and for most people financing a property it is also mandatory. In order for a lender to lend monies responsibly current value must be established. An appraiser will use many resources to arrive at his/her opinion. In the case of a single family residence, similar and recently sold properties will be used as comparisons to justify value differences to the subject property.  The final report will be submitted on a standardized form such as the Uniform Residential Appraisal Report. The average cost for an appraisal on a single family residence is normally between $450 – $500.



Simply defined, an escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a particular condition or event.

Whether you are the buyer, seller, lender or borrower you want the assurance that no funds or property will change hands until all of the instructions in the transaction have been followed. The escrow holder
has the obligation to safeguard the funds and documents while they are in their possession and to disburse funds and/or convey title only when all provisions of the escrow have been complied with.

The principals to the escrow cause escrow instructions to be created, signed and delivered to the escrow officer. If a broker is involved he will normally provide the escrow officer with the necessary information including instructions and documents.

The escrow officer will process the escrow according to the instructions. When all conditions required in the escrow can be met the escrow will be “closed.” Each escrow will be different in some ways as they deal with your specific property and the transaction at hand.

The escrow holder duties include following; consideration of the instructions given by the principals and parties of the transaction in a timely manner, handling the funds and/or documents in accordance with the instructions, paying all bills as authorized, responding to authorized requests from the principals, closing the escrow only when all terms, in accordance with the instructions, have been met, providing an accounting for all actions and providing a Closing or Settlement Statement.


** If you have any questions please call us at 559 – 917 – 8020 for assistance.