Dec 05

Lieb’s Top 5 Home Inspection Issues for L.I. Real Estate

connections-990699__340Long Island attorney Andrew Lieb, who specializes in real estate law, offers advice on buying a home with a home inspector on Long Island. Here are topics that he advises as the top five issues to consider:

1. TIMING THE INSPECTION
2. HIRING THE RIGHT PROFESSIONAL
3. KNOWING WHAT YOU GET
4. UNDERSTANDING WHAT IS EXCLUDED FROM AN INSPECTION
5. WHO SHOULD ATTEND THE INSPECTION

Lieb’s complete article on this subject was first published in Hamptons Behind the Hedges, linked here. Then another version was posted at Huffington Post, linked here.

As a licensed NY State home inspector serving Long Island, I find Lieb’s article to be spot on. Timing is incredibly important, especially if there is serious interest in a home. And I also recommend that the home purchaser can learn a lot about the home by being present at the home inspection.

I have elaborated on the point of hiring the right professional at my blog, titled, ABC’s of Home Inspection Training and Experience, linked here. I would recommend, A) Architectural or engineering degree; B) Thorough home inspection training; C) Construction experience. All of these add to the capability and value of your home inspector, in addition to being a part of a certification organization that holds inspectors to high standards.

A further piece of advice on due diligence would be to hire a home  inspector based on the inspector’s credentials, not just because a real estate agent has recommended one.

Image with permission by NZ Chrissy

Tags: Buying a home on Long Island, how to buy home on LI, how to choose inspector on Long Island, key inspection issues, how to choose inspector in Suffolk, NY. buyer due diligence

Feb 08

Why Photos are Vital in a Home Inspection Report

Termites-eating-into-shingles1[1]SHI offers 15-30 photo pages (2 photos per page) with our home inspection reports because there are some pretty good reasons why photos are critical in a professional home inspection report. Nothing matches photos plus a description.

1. Photos document serious conditions. What does a serious asbestos condition look like in a house? Signs of termites? A picture is worth a thousand words.
2. Photos identify technical items. Do you know what a TPR valve extension looks like? One photo does it.
3. Photos convey valuable knowledge. When we recommend a repair, we can choose from a variety of photos and articles to outline what is needed. And, let’s face it: There is a reason why dictionaries, encyclopedias and science books contain lot of images.

Believe it or not, many home inspection companies do not offer photos with their reports. At SHI, we don’t just give cookie-cutter home reports, we give a brief but insightful education on the important aspects of your new house. Your house (whether first, second, or third) is likely one of the largest investments you will ever make. Your home inspection report should be as thorough and detailed as possible. Call SHI today for a comprehensive home inspection that includes referenced photo pages – 631 377 2046.

Tags: Photos in home inspection reports, best home inspection reports, compare home inspection reports, home inspection companies Hamptons NY,

Apr 30

Hamptons Designer Housing Market Update

200px-Cuckoo_clock_by_Pascal_Tarabay1Last week, 27East reported how Hamptons Cottages & Gardens magazine hosted a panel discussion that featured discussions by a variety of professionals related to the real estate industry in the Hamptons and, with regard to creativity and real estate, the situation is a bit paradoxical. In one sense, it’s a designer’s market:

“Mr. Collé, who said that today’s buyers are “less interested in cookie-cutter houses” and more passionate about custom-designed homes, said that he has been seeing more and more demand for “bigger and better” residences. That means more and more teardowns of existing older homes on ideally located properties, he reported.”

And yet, in another sense, the population of creative artists and designers that helped to give the Hamptons a sense of mystique seems to be on the wain:

“The artists and writers are being squeezed out by the hedge fund managers, she paused. “And the people clipping the hedges.”

Like SOHO in NYC and Red Hook in Brooklyn, the Hamptons seems to be following a similar pattern for artists and writers.

In March, Deal Book reported how hedge fund titan Steven A. Cohen paid $60 million for an oceanfront home on Further Lane in East Hampton. But this is chump change. The day before the home purchase news has it that he purchased Picasso’s “Le Rêve” for $155 million from the casino owner Stephen A. Wynn. This was apparently one of the priciest private art deals ever transacted. The art of the deal.

The HC & G Hamptons real estate update and forum included Builder Jeffrey Collé, NYC&G features editor Carmela Ciuraru, HC&G contributing editor Heather Buchanan and author Steven Gaines joined HC&G publisher Pamela Eldridge.

Image of designer cuckoo clock by Pascal Tarabay is courtesy of Creative Commons.

Post originally published at Warren’s Nursery

Tags: art and real estate, Hamptons designers, Hampton real estate update, buy designer home Hamptons NY