Since 1994, A-Pro Home Inspection Franchise has been helping its clients make smarter, better and more informed decisions as they buy or sell a home. As one of the leading Inspection service companies, an A-Pro Home Inspection Franchise not only offers you the best possible home inspection, service, and value, but also provides your clients with the peace of mind that your investment is protected through our iron-clad 120-day assurance guarantee.

Home Inspection Franchise

Archive for August, 2011

Mortgage rates fall…

posted by admin @ 1:33 PM
Friday, August 12, 2011

Aug. 11, 2011, 10:51 a.m. EDT

By Amy Hoak, MarketWatch

CHICAGO (MarketWatch) — Mortgage rates hit new lows this week, as worries about European debt markets drove investors to U.S. Treasurys, Freddie Mac’s chief economist said on Thursday.

Rates on the 30-year fixed-rate mortgage averaged 4.32% for the week ending Aug. 11, the lowest the rate has been in 2011, according to Freddie Mac’s weekly survey of conforming mortgage rates. The mortgage averaged 4.39% last week and 4.44% a year ago.

Meanwhile, 15-year fixed-rate mortgages, as well as 5- and 1-year adjustable-rate mortgages, hit record lows this week.

Fifteen-year fixed-rate mortgages averaged 3.5% this week, down from 3.54% last week and 3.92% a year ago.

Five-year Treasury-indexed hybrid adjustable-rate mortgages averaged 3.13%, down from 3.18% last week and 3.56% a year ago. And 1-year Treasury-indexed ARMs averaged 2.89% this week, down from 3.02% last week and 3.53% a year ago.

To obtain the rates, the fixed-rate mortgages required payment of an average 0.7 point, while the adjustable-rate mortgages required an average 0.5 point. A point is 1% of the mortgage amount, charged as prepaid interest.

“Renewed market concerns about the European debt markets led investors to shift funds into U.S. Treasuries, pushing long-term yields lower,” said Frank Nothaft, vice president and chief economist of Freddie Mac, in a news release.

“Further, in its August 9th Federal Open Market Committee statement, the Federal Reserve noted that economic growth so far this year had been considerably slower than it expected and that overall labor market conditions had deteriorated in recent months, leading the Committee to conclude that an exceptionally low federal funds rate should be maintained at least through mid-2013. See story on Fed meeting.

“These developments helped to ease mortgage rates lower this week.”

Low mortgage rates are making homes more affordable. The National Association of Realtors’ affordability index indicates that over the past three quarters, homes have been more affordable than any other time since the group began keeping the index in 1970, Nothaft said.

According to a separate survey released by Bankrate.com on Thursday, 30-year fixed-rate mortgages averaged 4.46% and 15-year fixed-rate mortgages averaged 3.61%. Seven-year ARMs averaged 3.45% this week, while the 10-year ARM averaged 3.93%, according to Bankrate.

RealtyTrac: Foreclosures may have peaked

posted by admin @ 3:46 PM
Thursday, August 11, 2011

Aug. 11, 2011, 10:24 a.m. EDT

RealtyTrac has long predicted that 2011 would break foreclosure records once lenders broke through a logjam of processing delays. But now that the slowdown in foreclosure activity is ten months old, RealtyTrac’s Rick Sharga says it’s time to reassess. Click to listen to MarketWatch Breaking News> http://www.marketwatch.com/story/realtytrac-foreclosures-may-have-peaked-2011-08-11

Copyright © 2011 MarketWatch, Inc. All rights reserved.

STRUCTURE HOME INSPECTION CHECKLIST

posted by admin @ 4:27 PM
Wednesday, August 3, 2011

STRUCTURE HOME INSPECTION CHECKLIST

Familiarize yourself with the following systems and components as well as the home inspection checklist at the end of the bullets of each section; This should give you a good idea of what your “CHI “Certified A-Pro Home Inspector will be looking for with his/her trained eye.

  • Defects in the walls, roof framing, exterior wall framing, interior framing, or cracks in the foundation may indicate a serious structural problem that may be the result of poor structural design, foundation settlement, poor construction techniques, improper structural modification, water damage, termite damage or other causes.
  • Raising up a house to replace damaged structural components, or underpinning a defective foundation wall is a major expense.
  • The home inspector has the experience, education and expertise to evaluate structural problems. This is one of the reasons why retaining the services of an “CHI” Certified A-Pro Home Inspector to conduct your home inspection instead of a home inspector who is not “CHI” Certified is advantageous.
  • Make sure your “CHI” Certified A-Pro Home Inspector performs a “Foundation Level Survey” (SECTION 2.01) to determine the levelness of the foundation which is in many times the cause of structural defects.
  • Please note that most standards of practice do NOT require home inspectors to check the foundation levelness. As an example, foundation levelness testing is not required by ASHI®, NAHI® or InterNACHI®.
  • To download a illustrative Foundation Handbook including checklist click here.
  • To see what’s inspected by your A-Pro “CHI” home inspection checklist for structures- click here.

 

Any Questions at all, just call our home inspection franchise devolopment team at 1.888.501.5999

Realtors See 8% Rise in 2011 Existing Home Sales

posted by admin @ 7:18 PM
Tuesday, August 2, 2011

…It is the second consecutive monthly increase for NAR’s pending sales index and the trade group is expecting a 7.8% increase in existing home sales in 2011.

“In addition to exceptional affordability conditions, steady improvements in the economy are helping bring buyers into the market,” NAR chief economist Lawrence Yun said on Thursday. 

The pending sales index rose to 92.2 in November from 89.1 in the prior month.  The seasonally adjusted index is based on newly signed contracts on existing homes that should go to closing in a month or two. 

The index is down 5% from November 2009.

The Realtors are forecasting that existing home sales will rise to 5.12 million in 2011, up from 4.82 million in 2010.  This 7.8% increase would bring sales up to the 2009 level.

Meanwhile, NAR economists are expecting home prices to remain stable.

“The median existing-home price could rise 0.6% to $173,700 in 2011 from $172,700 in 2010, which was essentially unchanged from 2009,” NAR said.

Home Inspection Franchise – 6 Things You Must Look For

posted by gregM @ 1:23 PM
Monday, August 1, 2011

http://ezinearticles.com/?Home-Inspection-Franchise—6-Things-You-Must-Look-For&id=5331622

Copyright © 2013 A-Pro Home Inspection Services. All Rights Reserved. | Contact Us for Franchise Information | Terms of Use Franchise disclosure This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, as well as the following provinces: Alberta, Manitoba, Ontario, New Brunswick and Prince Edward Island. If you are a resident of or want to locate a franchise in one of these states or provinces, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state.”