The inspector should ensure that their inspection and inspection report will meet all applicable requirements in your state if applicable and will comply with a well-recognized standard of practice and code of ethics. You should be able to request and see a copy of these items ahead of time and ask any questions you may have. If there are any areas you want to make sure are inspected, be sure to identify them upfront.

2. How long have you been practicing in the home inspection profession and how many inspections have you completed?

The inspector should be able to provide his or her history in the profession and perhaps even a few names as referrals. Newer inspectors can be very qualified, and many work with a partner or have access to more experienced inspectors to assist them in the inspection.

3. Are you specifically experienced in residential inspection?

Related experience in construction or engineering is helpful, but is no substitute for training and experience in the unique discipline of home inspection. If the inspection is for a commercial property, then this should be asked about as well.

4. Do you offer to do repairs or improvements based on the inspection?

Some inspector associations and state regulations allow the inspector to perform repair work on problems uncovered in the inspection. Other associations and regulations strictly forbid this as a conflict of interest.

5. How long will the inspection take?

The average on-site inspection time for a single inspector is two to three hours for a typical single-family house; anything significantly less may not be enough time to perform a thorough inspection. Additional inspectors may be brought in for very large properties and buildings.

6. How much will it cost?

Costs vary dramatically, depending on the region, size and age of the house, scope of services and other factors. A typical range might be $300-$500, but consider the value of the home inspection in terms of the investment being made. Cost does not necessarily reflect quality. HUD Does not regulate home inspection fees.

7. What type of inspection report do you provide and how long will it take to receive the report?

Ask to see samples and determine whether or not you can understand the inspector’s reporting style and if the time parameters fulfill your needs. Most inspectors provide their full report within 24 hours of the inspection.

8. Will I be able to attend the inspection?

This is a valuable educational opportunity, and an inspector’s refusal to allow this should raise a red flag. Never pass up this opportunity to see your prospective home through the eyes of an expert.

9. Do you maintain membership in a professional home inspector association?

There are many state and national associations for home inspectors. Request to see their membership ID, and perform whatever due diligence you deem appropriate.

10. Do you participate in continuing education programs to keep your expertise up to date?

One can never know it all, and the inspector’s commitment to continuing education is a good measure of his or her professionalism and service to the consumer. This is especially important in cases where the home is much older or includes unique elements requiring additional or updated training.

Kevin Tinsley
All Tech Mortgage Inc.

Tacoma’s #1 Mortgage Expert – Since 1996
FHA | VA | Conventional Purchase & Refinance Home Loans
7403 Lakewood Dr W, STE 2
Lakewood, WA 98499
MB-108686 MLO-108542

(253) 472-1500 Office
(800) 339-7059 Toll Free
(866) 421-1788 Fax
kevin@alltechmortgage.com
www.alltechmortgage.com
All Tech Mortgage Inc. – Locally based in Tacoma, since 1996, we shop, compare rates & fees and connect you with the best mortgage lenders in the Northwest. The mortgage rates we quote are typically .25% – .50% lower than most mortgage companies like Bank of America, Chase, USAA, BECU, Lending Tree and Wells Fargo. Plus our fees are some of the lowest in the industry.

We specialize in FHA, VA and Conventional No Cost and Low Closing Cost fixed rate purchase & refinance Home Loans and offer true wholesale pricing from our lending partners. At All Tech Mortgage we never expect your business, but hope to earn it with my aggressive pricing, speed, and overall efficiency.

Purchase or Refinance mortgage options
**Cash Out Debt Consolidation Refinance Options
**FHA Streamline Refinance
**DU Refi Plus
**Freddie Mac Open Access

www.mortgageratespuyallup.com

9707 166th St Ct E, Puyallup, WA Send to Friend

Zetterberg Custom home, Den and Library/loft w/builtin bookshelves, Custom window treatments, Granite counters, Hardwood floors, Air filtration, newer Share Listing

4BR/2+1BA Single Family House offered at $439,000
Year Built 1994
Sq Footage 2,648
Bedrooms 4
Bathrooms 2 full, 1 partial
Floors 2
Parking 3 Car garage
Lot Size 10,939 sqft
HOA/Maint $25 per month

DESCRIPTION
——————————————————————————–
This incredible Zetterberg Home is located in highly desired neighborhood of Deverouex in Gem Heights. 4 bdrms & open library are accessed by 2 stairways. Tons of light brighten the formal living/dining & open entry to gorgeous hardwood floors & designer carpet. Large family room opens to kitchen w/island, granite counters & lots of cabinets. Parklike backyard w/separate area w/shed. This home also enjoys the membership of the Gem Club/pool area. So much to see that cannot be listed!

The main advantage for a FHA Debt Consolidation Refinance is the ability to finance up to 85% of the appraised value. Plus with credit scores between 620-700, FHA loans may be less expensive than conventional loans.

To get more information about FHA Debt Consolidation Loans in Puyallup or other Northwest community, call our office at (253) 472-1500 or visit us online at www.fhamortgagepuyallup.com.

All Tech Mortgage Inc. – your gateway to great mortgage products from Washington State’s top mortgage lenders. Locally based in Tacoma, since 1996, we shop, compare rates & fees and connect you with the best mortgage lenders in the Northwest. The interest rates we quote are typically .25% – .50% lower than most national, regional & local mortgage companies like Bank of America, Chase, USAA, BECU, Homestreet Bank and Wells Fargo. Plus our fees are some of the lowest in the industry.

We specialize in FHA, VA and Conventional No Cost and Low Closing Cost Purchase & Refinance Home Loans and offer true wholesale pricing from our lending partners. At All Tech Mortgage, we never expect your business, but hope to earn it with my aggressive pricing, speed, and overall efficiency.

The good news is yes, but time may be running out. The Federal Reserve is planning to phase out it’s purchasing of mortgage backed securities (MBS), which will likely put an upward bias on mortgage rates over the next few months. As the economy starts to recover, the need to keep interest rates low starts to diminish. As we get signs of this happening in either a jobs report, or other economic news, you will see interest rates move higher.

Yesterday the Fed raised the discount rate by .25% which may siginal a slow steady climb in interest rates we have seen in the past.

So for those of you considering refinancing or purchasing a new home, feel free to contact our office and let’s discuss your financing needs.

www.fhamortgagepuyallup.com

Most home buyers choose to add the UFMIP to their loan, so it will be hardly noticeable in the monthly payment. The increase of $1,250 on a $250,000 loan is $7.25 per month.

For more information, visit us online at www.mortgageratespuyallup.com

Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent. This policy change will increase premiums for purchase money and refinance transactions, including FHA-to-FHA credit-qualifying and non-credit qualifying streamlined refinance transactions.

Upfront Premiums
FHA will charge an upfront premium in an amount equal to the following percentages of the mortgage:
Purchase Money Mortgages and Full-Credit Qualifying Refinances = 2.25 percent
Streamline Refinances (all types) = 2.25 percent

Annual premiums will not change at this time.

For FHA traditional purchase and refinance products, the annual premium, shown in basis points below, is to be remitted on a monthly basis, and will be charged based on the initial loan-to-value ratio and length of the mortgage according to the following schedule:
LTV
Annual for Loans >15 Years LTV
.55% > 90% LTV & .50%< 90%

In 1996 FHA came out with Mortgagee Letter 96-56, which announced the “initiative” to use
Bridal Registry Accounts to promote homeownership. It encouraged FHA lenders to advise engaged couples to open up a bank account with the label of “Bridal Registry Account”. The couple would then deposit wedding gifts received into the account and FHA would consider them acceptable gift funds as long as the borrowers certified that the funds weren’t received from a party with an interest in the transaction.

Here’s how it works-3 simple steps:

􀂃 Couple opens a savings account prior to the wedding

􀂃 Gifts are deposited

􀂃 All of the 3.5% down payment can come from these gift funds

No gift letters. No paper trails. Just a simple savings account labeled

“bridal registry account” and your borrowers are on their way to having

the wedding present of their dreams.

Kevin Tinsley
All Tech Mortgage.com

Tacoma’s #1 Mortgage Expert – Since 1996
FHA | VA | Conventional Purchase & Refinance Home Loans
7403 Lakewood Dr W, STE 2
Lakewood, WA 98499

(253) 472-1500 Office
(800) 339-7059 Toll Free
(866) 421-1788 Fax
kevin@alltechmortgage.com
www.alltechmortgage.com