The four point inspection covers the following:
1. Roof and verification there a no active leaks and that there are a certain number of years left (also varies by insurance company).
2. Plumbing, as discussed below, certain types of pipes are excluded and verification that there are no active leaks.
3. Electrical systems are up to code and no known issues.
4. Heating and verification that the system is working and, in the case of gas, venting properly.
I hope those help, Mike
You can always include a homeowner's insurance addendum on your contract which states that if you are unable to get insurance for the home for a maximum amount that you choose, you can cancel the contract.
Hope this helps! I would love to assist you in finding a home in Gainesville if you choose to move here.
Kaley Shorter, REALTOR
Allison Ables Real Estate
You might want to look at my website: http://www.carolynmcpherson.com and check out any questions you might have.
I can also put you in touch with an insurance company here in our area that would be qualified to answer any of the insurance questions you might have.
Let me know if I can be of any futher help.
Carolyn H. McPherson
Multi-Million Dollar Producer
Prudential Trend Realty
Mobile: 352 538-3556
Office: 352 375-1021
Fax: 352 332-1114
"Real Estate Excellence...Pure & Simple"
Once you find a property you would like to purchase feel free to contact me regarding the mortgage. I have all the goverment loan programs that will give you the lowest fixed rates and the lowest mortgage payments for the home you are buying. Also i will get the mortgage aproved for you quickly (10 business days!) and make the loan approval process simple. You can obtain my contact info at http://www.javiermortgage.com.
If you have any questions or need a homeowners insurance quote, please feel free to contact me.
We own and sell many homes that are built in early 1900's to 2012. You are right about the roof, electric panel, etc. I would recommend you get in touch with a local insurance company and discuss your concerns, they are the experts and can easily ease your mind with this isse. If you want some recommendations, let me know.