Monthly Archives: January 2012

‘As is’ Contracts

Maryland, D.C. and Virginia standard home contracts have been revised according to The Greater Capital Area Association of REALTORS (GCAAR) and the Northern Virginia Association of REALTORS (NVAR) to no  longer include standard contingencies.

This means the buyer’s need for a thorough home inspection is doubly important.  Buyers can no longer be assured that the property they are considering will have basic functioning amenities.  Homes sold under the new contract will be completely ‘as-is.’

A home inspection is now, more than ever, a necessity for a new home purchase.

The seller no longer has any obligation to ensure that anything is in normal working condition. Now it’s all negotiable.

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Holiday Season

Now that the holiday season is wrapping up, many of us will be taking down the tree and putting away all those decorations.

Now is a good time to examine the lights for frayed wires and damaged strings. Discard any that might pose a hazard or simply no longer work. Of particular concern are those outdoor lights that may have been inadvertently stapled through, especially older ‘B’ base (screw-in) bulbs.

Those of us in colder regions will be using our clothes drier more often this season, so don’t forget to clean that lint from the exhaust duct if you haven’t already. Wet lint clogging the duct can cause the drier to overheat or catch fire in more severe cases. At the very least your clothes will take longer to dry with a partially clogged duct, using more energy, and draining your pocketbook.