Mortgage Market Minute: May 2011

A: Utilities such as electricity, water, and gas (propane) must be on. All systems must be tested and functioning. ...A: Pool/Spa must be filled with clean water and filter must be functional. (No Green Pools/Spas). A: Paint correct chipping or peeling paint (pre- 1978). No bare wood (Must be sealed-painted or sealed). A: Water Heaters: Turned on and functioning, adequate gas exhaust ventilation, seismic straps properly installed, pressure relief value installed, ¾” copper PRV overflow pipe properly installed. A: Electrical Wiring needs to be adequate and not exposed. A: Plumbing; adequate hot water and adequate water flow in all faucets and toilets. A: Heating and cooling units must be in place and in proper working order. A: Smoke alarms must be installed and in working condition. A: Garage door opener (if there is one, it must be working and properly adjusted.)