Currently, 19 states have passed laws requiring Carbon Monoxide detectors to be in homes and California has been one of those states since July 1, 2011. These laws are long over-due because unlike smoke, CO is odorless, colorless, and will affect you quickly, which makes it a silent killer.
We have noticed recently that many failed inspections are due to the fact there is no CO detector in the home at the inspection time, which results in a re-inspection fee of $150.00, after the detector is installed. People often confuse smoke and CO detectors but they are not the same thing. Smoke detectors have been required for many years but now both are necessary to pass inspection.
The price of a CO detector has dropped since many states began passing laws mandating them and you can now buy them for around $20 at places like Target or Amazon.com.
As president of AAA AMC for the past 5 years, I have picked up a few tips and tricks that can help save my clients time and money. Here is a suggestion that may help make your next appraisal inspection run more smoothly.
Many times when an agent orders an appraisal, they’re not aware that FHA inspections are more involved than inspections for conventional loans. This may result in the appraiser finding issues with the property and requesting items to be fixed for FHA’s minimum property requirements. This means the appraiser will have to come back for a re-inspection, which causes delays and additional costs to the buyer.
The good news is this can all be avoided when the agents address potential property issues ahead of time. FHA inspections use the three S’s as guidelines: Safety, Structure and Security:
Safety: They are looking for items that may impact the health and safety of the occupants.