DVD - Exterior Home Inspection from A to Z

10 Exterior Walls and Fences Video

Exterior Home Inspection from A to Z - DVD Flash Videos

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Exterior Home Inspection from A to Z - DVD Videos. Real Estate Home Inspection, Appraisal, Energy Saving Home Improvements.-Exterior Home Inspection from A to Z - DVD Videos. Real Estate Home Inspection, Appraisal, Energy Saving Home Improvements.

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176 - A new form of home mortgage debuted last week--and could be the most significant innovation in the field for more than two decades. Dubbed the "home asset management account," the loan consists of a traditional first mortgage combined with a growing-balance equity credit line. Wells Fargo Mortgage launched the new product October 2, but other major lenders, including Countrywide Home Loans, are working on their own versions for roll-out in the coming months. The "account" concept allows borrowers to treat their homes as the focal point of their personal finance strategies. Attached to the first mortgage at closing is an equity credit line with a maximum draw-down amount roughly equivalent to the borrower's downpayment. The line can be activated at any time by a special checking account, a platinum debit card, a toll-free telephone access line, a website, or by a visit to a Wells Fargo branch office. The line "grows" automatically, quarter by quarter, as the borrower pays down principal. More significantly, the maximum dollar amount on the line is adjusted upward once a year to reflect appreciation in home's resale value. Read this Nemmar Real Estate Training article at Mortgage Loans, Finance, Economy, Appraisal

 

 

Walls and Fences

Walls and Fences photos: P 165-P 167, P 225-P 227

Retaining walls are used to support the soil in areas, such as driveways or yards, which are dug into the earth. Some different types of retaining walls are:  stone and cement walls, dry stone walls, gabion walls, concrete block walls and wood timber walls.

  • Stone and Cement walls have mortar between the stones to hold them in place. Check the condition of all mortar joints.

  • Dry Stone walls don't have mortar to hold the stones together. This is because they are carefully placed so that the weight of each stone supports one another. Dry stone walls are expensive and time consuming to build.

  • Gabion walls are stones in a steel wire covering. The steel covering holds the stones in place.

  • Concrete Block walls need to be checked for deteriorating mortar joints.

  • Wood Timber walls need to be checked for rot and wood destroying insect infestation.

Retaining walls should have weep holes at the base to allow any water that builds up behind them to drain away. Wood timber, dry stone and gabion retaining walls don't need to have weep holes because there are spaces between the construction materials to drain the water away.

Real Estate Advice Education House Inspection Appraisal Home Improvement Renovation  Check to see if any retaining walls are leaning. Any leaning conditions indicate that repairs must be made to prevent the wall from moving any further or collapsing.

All fences need to be checked for sturdiness. Tell the client to check with town hall to find out if the fence is within the subject property line. Often the homeowner, or a neighbor, will have a fence, wall, driveway, or shed installed and the contractor will just guess where the property line is. This can lead to an encroachment on someone else's property. Chain link fences will rust with age and wood fences will rot. So look for these signs of aging.

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