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	<title>Real Estate For Fun And Profit &#187; tech tip</title>
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		<title>Investor’s House Hunting Toolbox</title>
		<link>http://realestateforfunandprofit.com/investor%e2%80%99s-house-hunting-toolbox/</link>
		<comments>http://realestateforfunandprofit.com/investor%e2%80%99s-house-hunting-toolbox/#comments</comments>
		<pubDate>Sat, 27 Jun 2009 17:50:46 +0000</pubDate>
		<dc:creator>dean</dc:creator>
				<category><![CDATA[Education]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[tech tip]]></category>

		<guid isPermaLink="false">http://realestateforfunandprofit.com/?p=114</guid>
		<description><![CDATA[Recommended list of things to bring with you when you are house hunting.]]></description>
			<content:encoded><![CDATA[<p>The hunt is on. You are in front a house that you may want to buy. Do you have everything you need?</p>
<p>Here is my recommended list for what you should have with you.</p>
<ul>
<li><strong>Map or GPS Unit</strong> – to find the property</li>
<li><strong>Something to record notes</strong>. This can be a pad of paper and pencil, a voice recorder or anything else that works for you. I recommend a form on paper that lists common rooms and items within each room – this insures that you looked at each item for presence and condition. I also like to have this on a clipboard</li>
<li><strong>Camera</strong> – still or video. Taking a picture of the front of the house and some interiors now can save you from having to revisit the property later.</li>
<li><strong>Tape Measure</strong> – 100’ would be nice so that you can measure the outside dimensions of the house.</li>
<li><strong>Flashlight</strong> – especially required for a REO or other vacant, powered down house</li>
<li><strong>Marble</strong> – useful on hard surfaces to determine if the floor or countertop is level. Sloped floors can indicate settling or foundation issues which can cost you.</li>
<li><strong>Binoculars</strong> – useful to look at roof conditions. Sometimes the only way to see a roof from the ground is from a distance from the house. Also useful to look for house numbers when the house is away from the road.</li>
<li><strong>Plug Tester</strong> – used to determine if electrical outlets are wired correctly and provide adequate ground</li>
<li><strong>Awl or knife</strong> – useful for checking wood rot</li>
<li><strong>Your notes about this property</strong>. Did you already talk to the seller? What things did they mention that are issues you should inspect? If the property is listed, bring a copy of the listing information.</li>
<li><strong>Calculator</strong> – used to total the estimated repair items and calculate your offer price.</li>
<li><strong>Blank Offer form</strong> – don’t waste time. If you like the property, write the offer!</li>
</ul>
<p>When I walk-through potential houses, I wear casual clothes since the place may be dirty or ‘interesting’. I do not crawl under the house or into the attic spaces, so I don’t need coveralls. My inspections generally take under a half hour.</p>
<p>Note that I always hire an inspector when my offers are accepted – even without an inspection contingency. As a worst case, I may need to walk away from the earnest money deposit – but that can be a WHOLE lot cheaper than buying a house with expensive issues that I missed on my initial walk-through.</p>
<p>Any suggestions for things to add to this list?<!-- pingbacker_start --><br />
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		<title>Live Mesh</title>
		<link>http://realestateforfunandprofit.com/live-mesh/</link>
		<comments>http://realestateforfunandprofit.com/live-mesh/#comments</comments>
		<pubDate>Thu, 12 Mar 2009 04:08:41 +0000</pubDate>
		<dc:creator>dean</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[tech tip]]></category>

		<guid isPermaLink="false">http://realestateforfunandprofit.com/?p=43</guid>
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