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CREIA Explains Common Myths & Realties about Home Inspections.

PALM SPRINGS, Calif. -- In an ongoing series during its 30th anniversary year, the California Real Estate Inspection Association (CREIA) cautions home buyers and sellers, as well as all individuals involved in real estate transactions, that there are myths and misconceptions associated with retaining the services of a professional home inspector. CREIA presents Part Five of the continuing series "Myths & Realities about Home Inspections". An additional listing of common myths can be found online at www.CREIA.org.
Myth: A "walk through" at closing is the same as a home
 inspection.

REALITY: Homebuyers should not confuse a final "walk through" with
 a home inspection performed to a recognized standard of
 practice. As opposed to a home inspection, a buyer's "walk
 through" inspection should take place just a few days prior
 to escrow closing, while a professional home inspection may
 be done many weeks or even months before the close of a
 transaction.

 A "walk through" provides an opportunity for the buyer to
 verify that anything the home inspector recommended and the
 seller agreed to do was actually done. It also is a time
 for the buyer to make sure nothing else has changed since
 the original offer was made, and a full inspection
 conducted. A "walk through" is not a substitute for a
 professional home inspection.

 A professional inspector is a third party objective and
 independent investigator who visually inspects and reports
 on the condition of a home. As a trained generalist, he or
 she identifies and examines the major systems and multitude
 of components of the dwelling. The inspector investigates
 the condition of the building and systematically operates
 or tests plumbing, electrical, heating and cooling systems
 and components of the home. In their work, the home
 inspector is addressing health and safety issues, and may
 make recommendations on repair options and maintenance.

Myth: If you are not buying or selling a home, you don't need an
 inspection.

REALITY: Homeowners should consider having their homes inspected
 on an annual basis. It is important for both the safety of
 occupants and for the value of the home that homeowners be
 informed on the status of their dwelling's systems and
 components. A home that has not been recently inspected may
 have undiscovered, minor or major maintenance items that
 could lead to a significant financial expense to correct or
 replace if not discovered. Constant upkeep not only makes a
 home more livable, but also makes it less expensive to
 repair when the time comes to sell.

 Because of the wide range of seasonal climates, unusual
 weather and seismic occurrences, a professional home
 inspection can help provide a wealth of information to a
 homeowner anxious to ensure that their valuable home is
 well maintained. In addition to market value, health and
 safety of the family are the primary reasons for an annual
 checkup. An annual professional inspection report would
 serve as a reminder of maintenance upkeep and provide a
 record of what services have been done. If minor problems
 are noted on the report, the homeowner has the opportunity
 to fix them before they develop into a major expense.

 Make sure you retain the services of a qualified inspector
 who is trained and experienced in home inspection. It is
 also very important that your inspector be a member of a
 professional association such as CREIA to ensure
 qualifications and continued education. Since 1976, CREIA,
 a non-profit voluntary membership organization has been
 providing education, training, and support services to the
 real estate inspection profession and to the public. CREIA
 inspectors must adhere to CREIA's Code of Ethics and follow
 the Standards of Practice developed and maintained by the
 Association. These Standards of Practice have been
 recognized by the State of California, and are considered
 the source for Home Inspector Standard of Care by the real
 estate and legal communities.

 CREIA requires its members to successfully pass a written
 test of building systems and components and complete 30
 hours of continuing education each year. CREIA members can
 accumulate education credit through various sources
 including monthly chapter meetings, educational conferences
 and seminars, and other approved activities. CREIA keeps
 records to ensure that members are complying with the
 requirements. Educational topics cover a variety of
 technical subjects including updates and advances that
 affect property inspection and the business of providing
 professional real estate inspection services.


CREIA is dedicated to consumer protection and education. To locate a qualified CREIA inspector near you, call CREIA at (800) 388-8443, or visit the CREIA website at www.CREIA.org.
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Publication:Business Wire
Date:Sep 1, 2006
Words:746
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